Schilling recounts a seven figure deal he made earlier this year.
Within twenty minutes during this year’s DOMAINfest conference Frank Schilling agreed to pay $1.65 million for a collection of .xxx domain names — before .xxx was even approved.
Schilling retold the tale today in a TRAFFIC session alongside ICM Registry CEO Stuart Lawley.
During the DOMAINfest event in Santa Monica Schilling started discussing a purchase with Lawley. The next day the two met up and started discussing names. Within twenty minutes Schilling had handpicked a set of domains for a total purchase price of $1.65 million.
Who got the better end of the deal?
“Two days later we realized we’d been raped by Frank Schilling,” Lawley joked.
The deal was conditional on .xxx being approved. Schilling made a deposit and wired the rest of the money shortly after .xxx was added to the root.
Schilling is already earning cash off his purchase. He’s leasing 5 of the domains for a solid five figures a month. The rest of the domains currently generate 1600-1800 uniques a day.
Schilling isn’t the only well-known domainer who bought in early on .xxx. Michael Berkens has also purchased domains through the .xxx founders program.
As for ICM Registry, early sales aren’t the only indication of a strong start. Lawley said he now expects sunrise registrations to be 4-5 times as much as originally forecasted and numbers will be higher than .co’s.
The rich get the “inside track.”
The rich get richer.
#Occupy
Hi Andrew:
Not a big deal, but I believe it is made not maid.
I am always skeptical when I hear (unverified) domain claims of what domains sold for. Especially when they have a vested interest in the hype they are trying to create.
Bit off-topic, Andrew, but I noticed in Twitter your link to this article is shortened like dnw.com/123 . Did you use some “auto twitter” service, or how’d you do that?
Oh, and I was going to say you got it “made” rather than “maid”, but mark was first. He he.
@ Dave Zan – https://domainnamewire.com/2010/02/08/get-your-own-url-shortener-with-yourls/
Yes, I was wondering if Maid.xxx was part of the deal, could be a market for it.
Thanks for pointing out the typo guys.
Good for Frank!
Is Congress going to investigate how this tld was passed by ICANN?
Seems like this shady pornographic company that owns .XXX is trying to legitimize pornograpny. Uh huh.
By the time the .XXX becomes available for anybody to register, only the lowest quality terms will be left. All the good 1-word and most 2-words terms will be gone by then.
I feel very sorry for those who are planning to register dozens/hundreds on the general availability period specially when the regfee is something like $70/year.
The reseller market for non-dotcom adult domains is very weak, take a look at some adult webmaster forums first and see what sells.
@Benjamin
Envy is a sin, right there in the 10 Commandments. You should thank the rich for making the early/ risky investments that nurtured many great things, including the internet.