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Archive for May, 2009

NameDrive Domain Name Aftermarket Goes Live

NDX open for business as of minutes ago.

NameDrive’s new domain name marketplace, called NDX, is now live.

NDX allows sellers to list domain names either as “make offer” or place the domain name directly in an auction. There are no specific requirements for domains listed at auction, and sellers can choose the day and time they wish the auction to end. Auctions last from 3-14 days and can also include “BuyNow” prices.

Commissions are only 7% for most domains, about 30% less than most online domain name aftermarkets. Domains parked with NameDrive have commissions as low as 3%. Most ccTLDs and gTLDs carry no minimum commission, and all commissions will be waived through the end of May.

Because NameDrive is a parking company, domains parked at NameDrive that are listed on NDX have the option of displaying parking stats including views and revenue from the past 30 days. This is an extension of NameDrive’s existing “Park & Sell” program.

NDX also has a certification program that allows buyers to make higher offers and sellers to list domains at higher prices.

I’ve been test driving NDX over the past few days and believe it could help push the domain aftermarket forward.

As part of the launch, NameDrive has completely revamped its main web site.


© DomainNameWire.com 2009.

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  • NameDrive Domain Name Aftermarket Goes Live

    NDX open for business as of minutes ago.

    NameDrive’s new domain name marketplace, called NDX, is now live.

    NDX allows sellers to list domain names either as “make offer” or place the domain name directly in an auction. There are no specific requirements for domains listed at auction, and sellers can choose the day and time they wish the auction to end. Auctions last from 3-14 days and can also include “BuyNow” prices.

    Commissions are only 7% for most domains, about 30% less than most online domain name aftermarkets. Domains parked with NameDrive have commissions as low as 3%. Most ccTLDs and gTLDs carry no minimum commission, and all commissions will be waived through the end of May.

    Because NameDrive is a parking company, domains parked at NameDrive that are listed on NDX have the option of displaying parking stats including views and revenue from the past 30 days. This is an extension of NameDrive’s existing “Park & Sell” program.

    NDX also has a certification program that allows buyers to make higher offers and sellers to list domains at higher prices.

    I’ve been test driving NDX over the past few days and believe it could help push the domain aftermarket forward.

    As part of the launch, NameDrive has completely revamped its main web site.


    © DomainNameWire.com 2009.

    Review and rate domain name parking companies at Parking Judge.

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  • UPDATED: Live Current Media Sells Vietnam.com

    Vietnam.com first of company’s geo domains to sell.

    Ownership records for Vietnam.com, one of many domain names Live Current Media (OTCbb: livc.ob) has been trying to sell, have changed over the past two days.

    In March Live Current announced that it sold two domain names for $1.65M. One of those domains was likely Body.com at $400,000. If this was the second domain Live Current was referring to, then this domain name sold for $1.25M. Although there is no indication from Live Current if this is the second domain name, the price seems about right for this domain. UPDATE: I heard from the buyer, who claims the purchase price was about $400,000.

    Vietnam.com currently has a protected whois record, but yesterday the domain name’s ownership record briefly changed to Nhatvi Nguyen with an address at an upscale office building in Dallas, Texas. UPDATE: I heard from the buyer who said that Nguyen was some sort of broker on the deal.

    Live Current Media has been actively selling premium domain names to raise cash. In addition to body.com and vietnam.com, the company appears to have sold Malaysia.com for about $400,000 USD.


    © DomainNameWire.com 2009.

    Review and rate domain name parking companies at Parking Judge.

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  • Filed under: Domain Sales
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