A shocking sale in a new top level domain name.
The domain name Autism.Rocks has sold for a staggering $100,000. And there may be a good reason this domain name sold for so much.
The new owner is listed as Sanjay Shah in Dubai. Shah started the charity Autism Rocks, which can be found online at AutismRocks.com. Shah’s young son has autism.
Based on news reports, Shah has been a very successful trader.
The seller is associated with another autism charity, We Rock for Autism. I talked to him today, and he said the very first offer the buyer made was $100,000, and it was outside of Sedo.
The seller then contacted Sedo to ask for help with the transaction. He says Sedo didn’t tell him there was an escrow option, so he ended up paying Sedo a 15% commission. He’s upset that he wasn’t aware of a 3% option, but says Sedo won’t reverse the fee. He’s hopeful Sedo will donate the 12% difference to autism charity.
Update: Sedo has responded about this issue.
To be clear: the $100,00 purchase wasn’t a direct donation. The seller said it will help his family out greatly, and a big portion of it will go toward charity.
(Thanks Joseph Peterson for initially pointing out the charity connection.)
A couple other new top level domain names, including 3d.software and DUI.attorney have sold for six figure sums.