Quote:
Originally Posted by MakingItPay
If Private companies are selling them, is it the seller sharing the price with the world? I see the high prices, but usually, the domains lead to a place called nowhere. Auction? Or press release from domain sales sites?
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Sources like DNJ put a great deal of effort to ensure veracity. Obviously the vast majority of sales are private but these reported sales figures do not surprise me at all. DNJ often report if they cannot confirm a sale or if there is a correction to a previously announced sale.
For instance, the two letter dot coms. I have absolutely no doubt that they are selling in the multi millions but are not being reported. It doesn't take a genius to work it out since most do not report sales. Our company have offered six figures for 2 letter dot coms a couple times before.
In fact, there are less than 1000 three digit dot coms. There are less than 18500 dot coms of 2 and 3 letters and far less in combinations that would be popular and in demand. However, the entirety of global GDP is now tied to the internet so you're sharing those amongst trillions in market caps, private equity, private capital and so on.
In short, such Domain Names are
HIGHLY RARE.