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October 26, 2017

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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.

Sharjil Saleem Closes Multi-Million Dollar Deal for ETH.com in One of Year's Three Biggest Sales

Fall is here but big domain sales appear to be on the rise. Just two weeks after we reported Larry Fischer's $1.2 million sale of MyWorld.com, we've learned that another leading broker, Sharjil Saleem, has closed a blockbuster $2 million sale of ETH.com with Payoneer handling the escrow arrangements. That deal gives Sharjil three of the 12 biggest sales reported so far this year (the ETH.com sale will be added to our YTD Top 100 Chart when our next weekly sales column comes out Wednesday evening). 

Only the $2.89 million sale of Fly.com in May was bigger. ETH.com matched the $2 million paid for the third member of the chart topping trio - Freedom.com - also in May. Sharjil previously worked with RightOfTheDot.com to complete a $660,000 sale of SW.com that we reported in May and also brokered the $406,000 sale of Asset.com in March.

Sharjil Saleem

Both the buyer and seller wish to remain private in the ETH.com sale and, as of this writing, the domain is not resolving. However, given the rapidly growing popularity of Ethereum cryptocurrency, I don't think anyone would be surprised if the domain ends up being used for an Ethererum related site as ETH is the abbreviation for the new cryptocurrency known as "ether".

(Posted October 23, 2017)

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