Archive for January, 2007


MyMag.com Sells for $48,888

Magazine-related domain name sells on Afternic for close to $50,000.

The domain name MyMag.com sold on domain aftermarket Afternic for $48,888. The Whois record for the domain changed to an individual in England yesterday, indicating the sale is complete and domain transferred. The buyer is not the same entity that owns MyMags.com. The domain is currently parked.

Although not as common is domains prefixed with ‘i’ and ‘e’, ‘my’ domains are popular. Here are some notable publicly disclosed ‘my’ domain name sales from the past three years, courtesy of a search on NameBio.com:

MyBlog.com $400,000
MyPremierCard.com $135,000
MyCrib.com $33,583
MyGo.com $31,000
MyMedicalRecords.com $10,000
MyPics.de $9,576
MyFreeCheck.com $8,875

MyMag.com is the second 5-figure sale this week at Afternic. On Monday it completed the sale of CastIron.com for $22,222. The domain was purchased by Cast Iron Systems, Inc, an integration appliance company. It appears that Cast Iron Systems previously used the address CastIronSys.com. $22,222 for that name change is well worth it.

Many of Afternic’s larger sales never make it to the “closing soon” section of its web site because they are negotiated between parties. This is the case with MyMag.com and CastIron.com.



Third Time is the Charm for Saddam.com

The domain name Saddam.com has sold for $16,551 at Sedo, after exchanging hands a couple times in the past year.

Think it’s too late to buy domains and then quickly flip them? Here’s a good example that proves it’s not too late. Saddam.com sold on Sedo recently for $16,551. The domain name sold in May 2006 on Afternic for $2,001. It was then sold on eBay for $3,149 in September 2006. The sellers in the eBay transaction used a press release about Saddam Hussein to get buyers to the auction. Now, just a few months later, the domain exchanged hands for over 8 times the original sale in May.

How’s that for a return on investment?

It’s not unusual to see domains flipped like this. It’s all about finding the right buyers on the right venue. This is also a good endorsement for Sedo’s new auction system, which is bringing in good prices for domains. For example, I just sold Beds.ws for EUR 385, a high price for a .ws domain. It started with a $200 offer but picked up a number of bids before closing.

I’ve flipped domains quickly in the past. I made about a $1,000 profit when I sold Decay.com last year. Just a few months later the buyer sold it for $12,000. I also purchased blogs.info for $3,000 and sold it for $6,000.

A better example is announce.com, which recently sold for $90,000. According to DNJournal, the seller had bought the domain for only $5,000 just a couple years earlier.

The message is clear: if you’re just getting into the domain name game, you’re not too late!



Digging into GoDaddy’s Terms of Service

Taking a look at GoDaddy’s Terms of Service (TOS)

It’s been a few days since GoDaddy became the center of controversy over its abrubt decision to change the DNS of one of its customer’s domains. We still haven’t heard from GoDaddy CEO Bob Parsons (although he has since blogged about CBS accepting his company’s Super Bowl ad.) If we don’t hear from Parsons on his blog we can assume he has no good answers to what happened. On other domain related issues he has researched all of the facts and written detailed blog entries.

I just reviewed GoDaddy’s Terms of Service (TOS). The relevant, and potentially most harmful portion, is as follows:

You agree that Go Daddy, in its sole discretion and without liability to You, may refuse to accept the registration of any domain name. Go Daddy also may in its sole discretion and without liability to You delete the registration of any domain name during the first thirty (30) days after registration has taken place. Go Daddy may also cancel the registration of a domain name, after thirty (30) days, if that name is being used, as determined by Go Daddy in its sole discretion, in association with spam or morally objectionable activities. Morally objectionable activities will include, but not be limited to: activities designed to defame, embarrass, harm, abuse, threaten, slander or harass third parties; activities prohibited by the laws of the United States and/or foreign territories in which You conduct business; activities designed to encourage unlawful behavior by others, such as hate crimes, terrorism and child pornography; activities that are tortious, vulgar, obscene, invasive of the privacy of a third party, racially, ethnically, or otherwise objectionable; activities designed to impersonate the identity of a third party; and activities designed to harm or use unethically minors in any way. In the event Go Daddy refuses a registration or deletes an existing registration during the first thirty (30) days after registration, You will receive a refund of any fees paid to Go Daddy in connection with the registration either being canceled or refused. In the event Go Daddy deletes the registration of a domain name being used in association with spam or morally objectionable activities, no refund will be issued.

The general idea behind this is good, but it doesn’t draw any lines. For example, if you used a domain name to write something embarrassing about a politician, could GoDaddy cancel the registration?

To be fair, other registrars have similar clauses in their registration agreements. Few people ever read these terms.

Here is Dotster’s language:

Dotster, Inc. and its designees shall have the right (but not the obligation) in their sole discretion to refuse or move any Content that is available via our services. Without limiting the foregoing, Dotster, Inc. and its designees shall have the right to remove any Content that violates this Registration Agreement or is otherwise objectionable. Further, you acknowledge and agree that Dotster, Inc. may preserve Content and may also disclose such Content if required to do so by law or upon the good faith belief that such preservation or disclosure is reasonably necessary to: (a) comply with legal process; (b) enforce this Registration Agreement; (c) respond to claims that any Content violates the rights of third-parties; or (d) protect the rights, property, or personal safety of Dotster, Inc., its users and the public. You agree that you must evaluate, and bear all risks associated with, the use of any Content, including any reliance on the accuracy, completeness, or usefulness of such Content. In this regard, you acknowledge that you may not rely on any Content created by Dotster, Inc. or submitted to Dotster, Inc., including without limitation information in Message Boards and all other parts of our services.

It’s unclear whether “content available through our services” would mean content hosted elsewhere using a domain name registered through Dotster.

Register.com:

You acknowledge and agree that Register.com may suspend, cancel, transfer or modify your use of the Services at any time, for any reason, in Register.com’s sole discretion and without notice to you. You also acknowledge and agree that Register.com shall not be liable to you or to any third party for any such modification, suspension or discontinuance of the Services. Without limiting the foregoing, Register.com may, in its sole discretion, suspend, cancel, transfer or modify a domain name registration (a) to correct mistakes made by Register.com, another registrar, or the applicable registry administrator, (b) to resolve a dispute related to that domain name, (c) within thirty (30) calendar days of the creation date of that domain name registration, (d) if you materially breach this Agreement (including any applicable additional rule or policy) and do not cure such breach within five (5) calendar days of notice by Register.com, (e) if you use the domain name registered to you to send unsolicited commercial advertisements in contradiction to either applicable laws or customary acceptable usage policies of the Internet, or (f) if you use a domain name in connection with unlawful activity.

What it comes down to is trust. Yes, any registrar can do just about anything to your registration when push comes to shove. But which registrar do you trust to not capitulate to big companies and do the right thing?



Part.com Snags $100,000 Bid

The domain name Part.com has received a $100,000 bid and is in auction at Sedo.

The auction for Part.com, which will be one of the biggest sales of the year if successfully concluded, ends on January 31. Although the biggest deal on the docket for the week, there are some other great domain sales pending.

First, an auction for Ringtones.cc closed at Sedo for $5,000. This will be one of the biggest .cc domain name sales ever. .CC is the country code domain name for Cocos Islands but has been marketed heavily as a general domain name. Other big .cc domain name sales include Software.cc for $12,500, Cash.cc for $6,500, and Austria.cc for $6,087. However, keyword .cc domains frequently sell for under $100. Recent examples include actors.cc for $75, drinks.cc for $75, sticker.cc for $80, and Wind.cc for $90. “Ringtones” is a heavily searched term but $5,000 is a strong offer.

An auction for 1P.com continues for another couple days at Sedo. The high bid is $20,000. A couple days ago the auction appeared to be ending with a $21,000 bid. Perhaps this bid was fake the auction reset.

Other Sedo auctions of note: Career.net has attracted 11 bids for a current price of $31,000, but the auction has not met its reserve. Anothe .mobi is heading for a sale as CasinoOnline.mobi has attracted a $5,000 offer. IPphones.com has 24 bidders and a $5,100 bid. Expect this one to go higher before it ends! Gary.com has met its reserve with a current bid price of 27,667. Moving.biz as a $7,000 bid, which is very high for a .biz domain. An auction for whm.com is attracting bids but has not met its reserve. Even .ws domains are getting in on the action. Nuclear.ws has a $250 bid. One of my .ws domains, Beds.ws, has two bids at is currently 210 EUR.

Afternic also looks to have a good week. An auction for Handicapped.com has a few days left and currently sits at $30,000. The seller has an asking price of $43,000. Afternic looks to have a fake bid on one of its domains, ChoiceLimos.com, which shows a $900,000 bid. My guess is someone missed a decimal point on that one! (see image below)

ChoiceLimos.com



GoDaddy Faces PR Nightmare Over Domain Suspension

GoDaddy abrubtly suspends registration.

GoDaddy chief Bob Parsons is a big supporter of free speech. He’s also a big supporter of privacy as a way to do this by promoting domain whois privacy services.

That’s why the internet world was shocked today to learn that GoDaddy suspended a domain name, seclists.org, based on the content on that site. MySpace contacted GoDaddy to suspend the registration because the site had information about MySpace users including their usernames and passwords. GoDaddy complied.

See Seclists.org’s explanation of what happened here.

To make matters worse, GoDaddy general counsel Christine Jones responded by saying GoDaddy’s terms of service say the company “reserves the right to terminate your access to the services at any time, without notice, for any reason whatsoever”, according to the CNET article.

That attitude should make people think twice about registering domains with the company. I suspect that, although its in the terms and conditions, it’s not GoDaddy’s policy to terminate access to services for any reason.

What is a registrar’s role in enforcing the law? This is a topic of much debate. In July eNom came under pressure because one of its resellers registered a domain on behalf of a terrorist organization. Last year an organization tried to get a court order to force ICANN to suspend the registration of Spamhaus, an anti-spam site. Domain registars are also coming under fire to track registrations of typo domains that might be used for phishing attacks.

Generally speaking, a domain registrar supplies the domain but the content is hosted with the webhost. A webhost should be responsible for complying with requests to remove copyrighted content and remove sites that violate the law. In this case, MySpace probably contact GoDaddy because it’s a large company. Webhosts are often small and difficult to contact.

You can rest assured that Bob Parsons will blog about this issue. He has some explaining to do.


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