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Domain Market Update, Bankruptcy Auctions and High Value Resale Transactions
Industry Information
27 Sep 2024 10:33:26 AM
Abstract:
The past two weeks in the domain name secondary market have seen some compelling sales stories. The bankruptcy auction frenzy resulted in over $400,000 in sales and LegalBrandMarketing founder Braden Pollock turned a $15,000 investment
The past two weeks in the domain name secondary market have seen some compelling sales stories. The bankruptcy auction frenzy resulted in over $400,000 in sales and LegalBrandMarketing founder Braden Pollock turned a $15,000 investment into an amazing $150,000 in just 60 days.
ASAP.com was successfully acquired at Heritage Global Partners' bankruptcy auction for $404,600, making it one of the top 10 public sales of the year, and Pollock's previously reported sales of Continue.com for $550,000 and $330,000 for Cancel. com, reaffirming his strength in the market. He also recently realized a 10x return on his successful sale of the Super.net domain for $150,000.
In the .AI space, ccTLDs performed strongly, with Namecheap reporting four of the five .AI sales in the top 10, with Authentic.ai coming in third at $50,000, followed by Strawberry.ai at $45,000. The strong performance of country code domains resulted in 11 entries in the ranking.
Here are the sales charts as of September 22, 2024
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Domain Market Update, Bankruptcy Auctions and High Value Resale Transactions
The past two weeks in the domain name secondary market have seen some compelling sales stories. The bankruptcy auction frenzy resulted in over $400,000 in sales and LegalBrandMarketing founder Braden Pollock turned a $15,000 investment
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