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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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