Epik pushes the envelop at next week’s Domain Swap.
The Domain Swap brings in much needed liquidity and a common currency to domain trading, something that has been absent from similar ideas in the past. Here’s how it works:
1. Send a list of domains you wish to sell to Epik
2. Epik will buy some of the domains with its own currency, EpikBucks (the company has spent $50,000 in EpikBucks over the past 24 hours)
3. Use your EpikBucks during the swap event to buy other domains
It’s actually quite a clever concept. And you don’t have to limit your EpikBucks to just buying other domain names. You can pay for your admission to the conference with domain names, something I’ve never seen for a conference before. So if you were thinking about going to next week’s conference but are short on cash, you can now trade in some of your domain names instead.