金沙.com $45,000.

[Wot]

Sands Casino perhaps as translation is Gold Sands.:-o

[IDNer]

Sands Casino perhaps as translation is Gold Sands.:-o


Excellent !!

Congrats to the seller :-D

[squirrel]

http://www.dnjournal.com/archive/domainsales/2015/20160113.htm

#17 on the list

[jose]

I mean... really? Dumb lucky soab of a seller ;)

Sold on 4.cn? Not listed there on recently hot deals...

Also listed: リスク対策.com $3,000

Notice anything particular on that domainsales report? 99% of the money came from China!

[Wot]

I mean... really? Dumb lucky soab of a seller ;)

Sold on 4.cn? Not listed there on recently hot deals...

Also listed: リスク対策.com $3,000

Notice anything particular on that domainsales report? 99% of the money came from China!

Their stockmarket and housing market are crapping out so look for even more money looking for homes in the premium namespace.

Maybe even IDN! :-p

[123]

リスク対策.com $3,000

This is japanese.

2014 sales:

Schlüsseldienst.de (IDN) €35,000 = $41,300
Gewerbeflächen.de (IDN) €16,500 = $22,770

From the keywords i would say it's fairly unpredictable what IDNs can sell.

[seesawgame]

congratulation to MDM

[MDM]

congratulation to MDM

Thanks HU

[Wot]

Thanks HU

Awesome, spend the money unwisely, at least most of it! ;)

[MDM]

Awesome, spend the money unwisely, at least most of it! ;)

NO, buyers are much smarter than all of us here, and they can best optimise the value of the name where we as domainers cannot.

With the name, they can get attention and can make themselves different from others, this is priceless.

To them, the RMB300K (US$46K) is just peanut, they almost immediately agreed to our counter offer to them.

[bwhhisc]

I mean... really? Dumb lucky soab of a seller ;)
Sold on 4.cn? Not listed there on recently hot deals...
Also listed: リスク対策.com $3,000
Notice anything particular on that domainsales report? 99% of the money came from China!

Maybe 4.cn will begin to kickstart the market for Chinese IDN.

[TrafficDomainer]

Congratulations MDM. Gives me hope that my only Chinese IDN 上海酒店.com Shanghai Hotel(s).com may have an end user taking it up at a decent price one day. I am happy to pay MDM or anyone else a brokerage commission fee if someone can help me fetch a good price for 上海酒店.com

[jose]

Congrats MDM. If don't mind me/us asking:

Was it sold on 4.cn? Did you listed it there? Was it bought from some member here?

[clipper]

NO, buyers are much smarter than all of us here, and they can best optimise the value of the name where we as domainers cannot.

With the name, they can get attention and can make themselves different from others, this is priceless.

To them, the RMB300K (US$46K) is just peanut, they almost immediately agreed to our counter offer to them.

Congrats to both.

Looks like the buyer wasn't an end-user at all. Lots of lll / nnnn and some pinyin... This is the only xn--...

[squirrel]

I dont think the email address has been updated yet. goldenname is 4.cn

[MDM]

Congrats MDM. If don't mind me/us asking:

Was it sold on 4.cn? Did you listed it there? Was it bought from some member here?

Approached by 4.cn representing buyer (identity not told in transaction).

Private sale, never listed on 4.cn.

[mxfusion]

Approached by 4.cn representing buyer (identity not told in transaction).

Private sale, never listed on 4.cn.


Congrats MDM. This proves that it's always good to ask for a higher price. :lol:

[jose]

Approached by 4.cn representing buyer (identity not told in transaction).

Private sale, never listed on 4.cn.

Thanks MDM. So that's how it is done! An end user searches for the name, any name INCLUDING ALL OUR NAMES and then clicks "hire broker" and 4.cn checks the whois and contacts the owner of the name. Nice.

[MDM]

Thanks MDM. So that's how it is done! An end user searches for the name, any name INCLUDING ALL OUR NAMES and then clicks "hire broker" and 4.cn checks the whois and contacts the owner of the name. Nice.

Both the buyer and us (seller) are existing 4.cn customers, yet we have different 4.cn Accounts Managers.

Buyer's 4.cn Accounts Manager "B Mgr" has not revealed his/her customer details even to our 4.c Accounts Manager "S Mgr".

So we as seller and even our Accounts Manager (S Mgr) did not know who was buying until buyer fund reaches 4.cn escrow account.

[squirrel]

That's interesting, thx for sharing

[welkin]

Great news, congrats.

[mxfusion]

Congrats to both.

Looks like the buyer wasn't an end-user at all. Lots of lll / nnnn and some pinyin... This is the only xn--...


I think the buyer is an end user (Sands?) or casino junket of some sort. This domain won't sell for more than $450 on this forum, let alone $45k.

The pinyin is owned by a Beijing man and has no website on it.

The name is also a possible TM if used for gambling website - http://calvinayre.com/2014/06/28/business/las-vegas-sands-sues-asian-online-gambling-sites-trademark-infringement/

[123]

This domain won't sell for more than $450

I think if someone had offered it for $10 here it wouldn't have gotten any bids. :rolleyes:

I think the buyer is an end user (Sands?) or casino junket of some sort.

or an online casino site attempting to profit from the popularity of the Sands brand.

[Jay]

It's the sort of name I would have let drop for all kinds of reasons. It goes to show that we cannot always predict the mindset of native buyers.

[jose]

It's the sort of name I would have let drop for all kinds of reasons. It goes to show that we cannot always predict the mindset of native buyers.

I wonder what are the best odds? Buying 100k of lottery tickets or holding 10.000 idns for 10 years? Calculating these probabilities is not that hard.

[Jay]

I wonder what are the best odds? Buying 100k of lottery tickets or holding 10.000 idns for 10 years? Calculating these probabilities is not that hard.

I'm guessing the average IDNer here has spent close to $45K on IDNs already, and if lucky would have recuperated maybe a third back in parking and sales. It sounds bad, but it is not as costly as the average problem gambler, who would have around the same sorry balance sheet in a single year!

Plus, we retain the assets of our expenditure, which are hopefully going to be worth more in the near future!

And just sometimes someone hits the jackpot. Hopefully that will happen more regularly from now on.

But, if this sale is anything to go on, predicting which domains will come up trumps might be more random than we guessed.

[Wot]

Buyer 金沙.net perhaps?

[sbe18]

China is exceedingly difficult to understand assets even for the locals...
ghost cities with empty apartments ...
stock market halts in 7 minutes from the start of trading....
the LLLL and the NNNN mania is simply bizarre since it jumped from the dot com to the gtld wasteland...

[idnowner]

China is exceedingly difficult to understand assets even for the locals...
ghost cities with empty apartments ...
stock market halts in 7 minutes from the start of trading....
the LLLL and the NNNN mania is simply bizarre since it jumped from the dot com to the gtld wasteland...

It's kind of like some people like Bitcoin, and others go for some of those new fangled crypto-currencies, like Mooncoin, at mooncoin.com of all places! (for space cadets!).

[jose]

China is exceedingly difficult to understand assets even for the locals...
ghost cities with empty apartments ...
stock market halts in 7 minutes from the start of trading....
the LLLL and the NNNN mania is simply bizarre since it jumped from the dot com to the gtld wasteland...

http://www.zerohedge.com/news/2016-01-09/china-goes-full-keynesian-tard-demolishes-never-used-just-built-skyscraper :lol:

[idnowner]

http://www.zerohedge.com/news/2016-01-09/china-goes-full-keynesian-tard-demolishes-never-used-just-built-skyscraper :lol:

It was built in 1999. From an article...

The 27-storey building in Xian city included a basement level and covered more than 37,000 square meters. It was built in 1999, but was never put into use.

Authorities said the building stood empty too long to be transformed for other use, state-run Xinhua news agency reported.

[mxfusion]

I'm guessing the average IDNer here has spent close to $45K on IDNs already, and if lucky would have recuperated maybe a third back in parking and sales. It sounds bad, but it is not as costly as the average problem gambler, who would have around the same sorry balance sheet in a single year!

Plus, we retain the assets of our expenditure, which are hopefully going to be worth more in the near future!

And just sometimes someone hits the jackpot. Hopefully that will happen more regularly from now on.

But, if this sale is anything to go on, predicting which domains will come up trumps might be more random than we guessed.


The problem with Chinese domains is mysterious lack of parking revenue even today. Each name costs $10 to maintain, so if you got a thousand names, that's almost $9.5k a year offset by maybe $500 in PPC.

I've used Namedrive and now Parkingcrew but both return very little. Is anyone still using Silver Clicks or some native parking service?

Meanwhile, I depend on my Arabics and Japanese domains to pay for my renewals.

[NameYourself]

Jinsha.com reportedly just sold for $700,010.
Jinsha is the ascii character version of the idn in this thread 金沙.com.
Is it safe to say IDNs for whatever reason(s) were the wrong bet?

Anyone here from China, can you please help us understand why native Chinese characters are searched for and used daily on the internet, but not so desired for the actual domain compared to english letters? Wouldn't this be akin to everyone from the English speaking countries speaking, writing, and building websites in English, but only wanting the web address completely in mandarin? Please anyone native to China please share your opinion on this to help bring some understanding on why this is the way it is.

[mxfusion]

Jinsha.com reportedly just sold for $700,010.
Jinsha is the ascii character version of the idn in this thread 金沙.com.
Is it safe to say IDNs for whatever reason(s) were the wrong bet?

Anyone here from China, can you please help us understand why native Chinese characters are searched for and used daily on the internet, but not so desired for the actual domain compared to english letters? Wouldn't this be akin to everyone from the English speaking countries speaking, writing, and building websites in English, but only wanting the web address completely in mandarin? Please anyone native to China please share your opinion on this to help bring some understanding on why this is the way it is.


Not a native to China, but it is probably due to the way Chinese is taught to kids in school in China. Chinese kids learn A-Z the same time they learn Chinese characters. Pin-yin is the equivalent of romaji in japanese and more significant than romaji since Chinese has no alphabet system like hiragana.

Furthermore, pinyin is used to input Chinese characters. To create the word 金沙, you must enter "jinsha".

That being said, people in Taiwan don't use pinyin to teach kids Chinese, they use a non-latin character system. If you look at top Taiwanese websites, they use English names (often typos) and numeric.

http://www.alexa.com/topsites/countries/TW

[123]

Jinsha.com reportedly just sold for $700,010.
Jinsha is the ascii character version of the idn in this thread 金沙.com.
Is it safe to say IDNs for whatever reason(s) were the wrong bet?

Anyone here from China, can you please help us understand why native Chinese characters are searched for and used daily on the internet, but not so desired for the actual domain compared to english letters? Wouldn't this be akin to everyone from the English speaking countries speaking, writing, and building websites in English, but only wanting the web address completely in mandarin? Please anyone native to China please share your opinion on this to help bring some understanding on why this is the way it is.

Please name me one language/culture that has more IDN sales than ASCII?

[NameYourself]

Not a native to China, but it is probably due to the way Chinese is taught to kids in school in China. Chinese kids learn A-Z the same time they learn Chinese characters. Pin-yin is the equivalent of romaji in japanese and more significant than romaji since Chinese has no alphabet system like hiragana.

Furthermore, pinyin is used to input Chinese characters. To create the word 金沙, you must enter "jinsha".

That being said, people in Taiwan don't use pinyin to teach kids Chinese, they use a non-latin character system. If you look at top Taiwanese websites, they use English names (often typos) and numeric.

http://www.alexa.com/topsites/countries/TW

Yes familiar with pinyin as a means to the ends which is ultimately to select the mandarin characters to type in whether that be in a chat, search engine etc.. ultimately the ascii letters are just being used to pick what is to be selected and typed in mandarin.. so why then are those mandarin characters of such little value? That's ultimately what people are trying to express on their screen using pinyin is it not? Or has pinyin become a language unto itself now? Isn't mandarin much more specific, clear, and meaningful while pinyin is broad and can have many different meanings.. but ultimately aren't those meanings the mandarin characters themselves?

Please name me one language/culture that has more IDN sales than ASCII?

There aren't, that's my point.

[Kent99]

Jinsha.com reportedly just sold for $700,010.
Jinsha is the ascii character version of the idn in this thread 金沙.com.
Is it safe to say IDNs for whatever reason(s) were the wrong bet?

Anyone here from China, can you please help us understand why native Chinese characters are searched for and used daily on the internet, but not so desired for the actual domain compared to english letters? Wouldn't this be akin to everyone from the English speaking countries speaking, writing, and building websites in English, but only wanting the web address completely in mandarin? Please anyone native to China please share your opinion on this to help bring some understanding on why this is the way it is.

Who knows. The idn might have sold for a similar amount if he would have asked for a similar price.

[Kent99]

Surprised they didn't try the UDRP route for this name.

[123]

Surprised they didn't try the UDRP route for this name.

Why do you believe this was the brand holder?

[Kent99]

Good point, but it is kind of a lot to pay if there is the chance of the name being UDRP'ed by the brand holder.

[123]

Good point, but it is kind of a lot to pay if there is the chance of the name being UDRP'ed by the brand holder.

IMO someone is willing to risk a lot of money hoping for an even bigger payout.

The name was probably dropped for legal reasons.

[clipper]

金沙.com whois is still showing goldenname...