Minds + Machines Share Discussion Threads

[hjb1] 24/4/2017 11:45

too early for divis...it will be towards the year end when renewals outstrip opex imo..

[hjb1] 24/4/2017 09:47

time to buy load up load up!!

[maywillow] 23/4/2017 09:28

source domain wire



Domain Name Wire | Domain Name News & Views

Domain Name Industry News and Views
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MMX scores $500,000 domain name deal

by Andrew Allemann — April 19, 2017 Domain Sales 0 Comments

Details are limited but deal will give MMX’s portfolio a nice bump.

New top level domain name company MMX (Minds + Machines) has scored a $500,000 deal to register 90,000 second level domain names under its top level domain names within the next 12 months.

Beyond that, details are scant. MMX CEO Toby Hall said he could not provide more details at this time.

However, in previous market reports the company alluded to deals for its geo domain names, so it’s possible that some of the registrations will be across its geo top level domains, such as .london and .miami.

The deal also comes out of the U.S. and European markets, so it doesn’t involve Chinese domain investors. In fact, the company says that it believes the 90,000 domain names will be put to use.

One similar deal that comes to mind is when DigitalTown.com, led by Rob Monster, acquired 11,000 .city domains from the registry at a $3 first year price. The MMX deal comes out to just over $5.00 per domain.

[maywillow] 23/4/2017 09:24

Source domainincite


Mystery buyer pumps $500,000 into MMX gTLDs
Kevin Murphy, April 19, 2017, 14:19:48 (UTC), Domain Registries

MMX has inked a deal to sell 90,000 domain names to a mystery buyer.

The company formerly known as Minds + Machines today disclosed to the markets that the deal is worth $500,000 in the first year, and that the names will be registered at some point over the coming 12 months.

CEO Toby Hall declined to identify the buyer or the gTLDs concerned, but told DI that it’s an end-user buyer rather than a domain investor, and that the buyer is not Chinese.

It’s unrelated to the $1.3 million a Chinese domain investor paid for 200,000 .vip domains a couple weeks ago.

In both cases, the sales were disclosed to the market because they were financially material.

In this case, the 90,000 domains will cause a 37% uptick in MMX’s total registration base, if you exclude .vip from the portfolio.

The names are not registry-reserved, and are not premium-priced.

It works out to about $5.55 per domain, which is a first-year discount MMX agreed to with the undisclosed registrar that brought in the business. If they renew, they will renew at whatever the standard renewal price is at the time.

Hall said he did not know exactly when the domains will be registered, but MMX’s statement to the market said that it would be within the next 12 months.

Quite how the buyer can commit to buying 90,000 names without even knowing whether the names it wants will be available when it comes to register them, I’m not sure.

It’s all a bit mysterious, but my gut feeling is that we’re probably looking at one of those networks of low-quality, machine-aggregated, niche-content portals that spring up from time to time.

Previous efforts linked to the gTLD industry, such as Zip.pro and Socium Networks, haven’t exactly set the world alight.

But it this case it appears to buy a genuine third-party buyer, not a registry front.

Hall said that he was unaware of whether the buyer has also made large-scale purchases from other registries that do not have the same disclosure requirements, but said it was certainly possible.

[milesy] 21/4/2017 12:12

Don't feed the trolls

[hjb1] 21/4/2017 10:43

ebitda will be above $3.5m ..we ALREADY know that...please look up the meaning!!

[davemake] 20/4/2017 08:47

Jackson83 - post no. 3772 shows a corrected day count