.XXX Purchases "All Cash" | DomainInvesting.com

.XXX Purchases “All Cash”

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One thing is for sure with regards to this year’s Traffic conference – a lot of people are talking about .XXX domain names. You really can’t help but notice the presence of .XXX and the ICM Registry, and that has people talking.

In public and private, I have heard a number of people asking if the publicly announced deals have been all cash.  Gay.XXX was reportedly sold for $500,000, Frank Schilling bought a small batch of .XXX domain names for seven figures, and Mike Berkens bought three .XXX domain names.

Of course, there is a BIG difference between someone writing a check for (or wiring) $500,000 USD vs. someone providing in-kind services like public relations or having some type of rebate in lieu of actual cash.

I saw ICM Registry CEO Stuart Lawley this afternoon and I asked him about the deals. I was told that the deals have been entirely cash, with no refunds, rebates, or anything else. That should settle that question many people have been asking.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (3)

    Josh

    He has no reason to lie!

    Wait….

    October 17th, 2011 at 6:15 pm

    Tom

    He needs a reason?

    October 17th, 2011 at 8:33 pm

    Steven Dorf

    Whats with all the hype with pornographers? Which European countries are going to be blocking this filth? How the hell did this even get passed with ICANN?

    October 17th, 2011 at 10:32 pm

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