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July 09, 2018

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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.

Did the Crypto.com Buyer Pay $12 Million? - Best WIPO Panelist Identified - .LLC Enters Landrush

On Friday  I passed along the news that Crypto.com had been sold to Monaco for an undisclosed price (but one almost universally believed to have been multiple millions of dollars). While Monaco and seller Matt Blaze have both been mum on that point, Elliot Silver at DomainInvesting.com came across a post by Cheddar.com reporter Tanaya Macheel this morning that stated the news organization had learned from an anonymous source close to the transaction that the price was $12 million. There has not yet been any public confirmation of that number from anyone involved in the sale though.

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With respect to speculation that Blaze may have gotten both cash and equity in the deal, Blaze posted on his blog over the weekend that he did not get any financial stake in Monaco as part of the deal.   

Howard Neu

In other news, domain owners who have had to defend their ownership rights in UDRP disputes have long felt the deck was stacked against them - especially in cases involving a single panelist who may have a long record of siding with complainants. in an attempt to even the playing field, many respondents pay more to get a three-person panel. On his blog at NeusNews.com, veteran domain attorney Howard Neu has been issuing semi-annual reports identifying which WIPO panelists in 3-panelist cases most often sided with the Respondent by finding there was an attempt at Reverse Domain Name Hijacking or abuse of process by the Complainant. 

Howard just released his latest report today, one that found John Swinson was the best panelist for respondents in the first half of 2018. Check out the full report for the details as well as other names of panelists who most often gave domain owners a fair shake.

Elsewhere, the new .LLC gTLD opened its landrush today with General Availability set to begin July 23, 2018. The roll out is being handled by one of the biggest domain registry operators, Afilias. A company press release noted, "With the introduction of .LLC, Limited Liability Companies will now be able to establish Internet identities which are more closely aligned with their existing identities and branding, rather than modifying their name or brand to adapt to limited choices in more crowded TLDs. .LLC registration is open to anyone; no need to wait till the paperwork is filed.  Future LLC owners can use their new domains to attract investors, develop new websites to win support or announce planned businesses and begin marketing efforts to win business and support their missions as they apply to become an LLC."

(Posted July 9, 2018)  

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