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August 27, 2012

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Moniker Closes Year's 2nd Biggest Domain Sale + ICANN Forced to Delay New TLD Application Deadline

Moniker.com has closed a $500,000 sale of Jackpot.com. When we chart the sale in our next weekly report Wednesday (April 18) it will rank as the second biggest sale reported year to date (assuming, of course, that no larger sales are reported between now and then), trailing only PersonalLoans.com, a domain that sold through DomainNamesSales.com in February for $1,000,000.

You may recall that Jackpot.com was offered in the DOMAINfest Global 2012 live auction in February with an estimated price range of $750,000-$1,000,000. It did not sell but Moniker kept working the name and found a buyer whose 500K offer was enough to persuade the owner to cash in.  Moniker's John Mauriello told me they sold some other high end names from the auction after the event but  those are subject to NDAs.

Jackpot image from Bigstock 

One other note today. This was supposed to be the day that ICANN closed the application window for those who wanted to operate new gTLD registries. However, this morning ICANN announced they have pushed the deadline back to Friday, April 20 due to technical problems with its TLD Application System (TAS) software. 

The delay is already bringing ICANN a good deal of criticism with Michele Neylon's piece at Circle ID titled ICANN Takes "Fail" To A Whole New Level being just one example. 

(Posted April 12, 2012) 

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