|
|
|
|
| |
|
|
|
|
|
|
Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
|
|
|
|
|
|
|
|
|
With
the Agenda Now Set and the Show Just 4
Weeks Away NamesCon Online is
Ready to Rock Again
|
|
After
a successful show
In January,
NamesCon
Online is returning
for a star-studded autumn edition September
22-24, 2021. The agenda
for sessions that will run
concurrently on two stages
throughout the show was
essentially finalized today when a
Fireside Chat I will have
with the Castello
Brothers, industry pioneers,
Michael and David, was
slated to kick off the final day
of the three-day event at 11:05am
(U.S. Eastern time) on Friday,
September 24. I'm looking forward
to sitting down with my long-time
friends for a two-pronged talk
titled How The
Pandemic Launched A Domain Gold Rush and
Why the Public Should Benefit, Not
Monopolies.
With
a portfolio of top-tier one-word
dictionary .com domains - the
hottest commodity on the current
domain aftermarket - Michael and
David
|
Michael
Castello (left) & David Castello
Castello
Cities Internet Network
|
|
(whose past sales have hit
as high as $3.1 million for
a single domain- Whisky.com)
are perfectly positioned to
provide insight into the current
domain sales boom.
Just yesterday, the highest publicly reported sale of the year to date, Hippo.com
at $3.3 million, was reported.
that one came on the heels of a pair of 7-figure sales that Larry Fischer
posted the week before (Marketing.com
at $2.5 million and Near.com
at $1.15 million).
As good as things
are on the sales front right now, the Castello Brothers have always kept a
close eye on the big picture and developments that are important to all
independent online entrepreneurs. Michael, in particular, has written
extensively about monopolistic practices by today's tech
giants that need to be reined in to assure an even playing field for all, so
we will be breaking that down as well.
|
For me, the only thing that
could be better than sitting in on a session like that would be
sitting in on two of them - and I will get a chance to do that
on the same day. In the closing Stage 1 session of the conference at
2:05pm (U.S. Eastern time) on Friday, September 24 I will
join Tessa Holcomb (DomainAdvisors.com/Igloo.com), Doron
Vermaat (Efty.com) and Andee Hill (ICANN) for a session
titled Flip the Script: Impactful Methods to Shift Negative
Perceptions of the Domain Industry.
This is an especially
relevant topic for me. From the day I entered the industry in the
spring of 2002, right up to today, I have always been puzzled by criticism
leveled at domain investors for doing what all investors do
- invest and risk money in something they hope
will one day give them a positive return on their investments.
We have certainly made great strides on that front over the
past two decades but the fact that it is still an issue to any
degree, is disappointing - especially when I know the character,
talent and vision of so many people in this business is
unsurpassed.
|
Clockwise,
from top left, Ron Jackson (DNJournal.com),
Tessa Holcomb (DomainAdvisors.com/Igloo.com),
Doron Vermaat (Efty.com) and Andee
Hill (ICANN). |
|
As
long as this remains an issue, we need to continue our educational
efforts and outreach until everyone recognizes what seems so obvious
to most of us. There is no difference between domain investors
and those who investin
real estate, stocks, bonds, coins, art, antiques and even other virtual
assets like crypto currency and NFTs. Plenty of people have made money
investing in all of those things and plenty have lost money as well.
That's is 100% true of domains too - like every other investment,
domains are a two-way street. Thanks to industry pros like Tessa,
Doron and Andee, we've come a long way and they will share their
thoughts on what else we can do to get this mission completed.
There will be so much going
on an NamesCon Online I haven't even scratched the surface with
this first post, but I'll fill you in on much more of what is in
store in a series of posts as the countdown to show time
continues. |
|
|
(Posted
August 23, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210823.htm
*****
|
|
|
|
|
|
| |
|
