Domain Name Transaction at Moniker, Brokered for $9.5 Million
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Pompano Beach, Florida - (Cheap Web Hosting Directory) - June 1, 2007 - Domain Asset Management system provider, Moniker.com, has brokered what is reported as the largest all-cash domain sale in history, for over $9.5 million, in a purchase by MXN Ltd.
Complete terms of the transaction for the sale of the domain name, Porn.com, to MXN Ltd., an Internet media and investment firm affiliated with DOWNLOADPASS.com, were not fully disclosed. The sale is the largest all-cash domain transaction in history. It is the second largest domain sale overall after Sex.com, which sold for reportedly US $12 million in cash and stock during a private sale in January 2005.
Monte Cahn, Co-founder and Chief Executive Officer of Moniker.com remarked, ”The sale of Porn.com further reinforces the growing trend of businesses that place a high strategic value on generic domains related to their industry. Porn.com will prove to be a valuable asset for MXN Ltd. because of its significant number of daily visitors, established type-in traffic in addition to being the top domain in the adult industry.”
At the T.R.A.F.F.I.C. West Live Auction in March 2007 in Las Vegas, bidding on the domain fetched offers originally in the US $7 million range. Moniker has continued working with interested parties to broker the sale of the domain this week. With thousands of unique visitors a day, plans to develop Porn.com were not immediately available. Porn.com has been managed by PremiumTraffic.com, a leading parking and monetization company. The buyer intends on leaving Porn.com with PremiumTraffic.com until such time as they develop the domain.
Moniker and Monte Cahn have successfully brokered a variety of million dollar domain name sales at recent domain name auctions including Cameras.com which sold for $1.5 million at T.R.A.F.F.I.C. East 2006 in Hollywood, Fla. and Scores.com for $1.2 million at Casino Affiliates Convention Amsterdam 2007. In addition, Moniker brokered the industry’s first domain name sale for over $1 million dollars (Wallstreet.com) and the first $2 million dollar plus domain sale (Autos.com). Premium, Generic Domain Names On The Auction Block At The Inaugural T.R.A.F.F.I.C. New York Moniker, the pioneer of the Live and Silent domain name auction, will hold its highest profile Live Domain Auction ever at the upcoming T.R.A.F.F.I.C. New York on June 19-22, 2007 at the Grand Hyatt Hotel. Some of the premium, generic domain names on the auction block include: — Bourbon.com — Horseracing.com — Student.com — Naked.com — Cardiology.com — Elections.com — DSL.com — Amstersdam.com — BroadwayShows.com — Ethanol.com — Locals.com — Union.com — Estate.com — Musicians.com — Scotland.com Additional auctions will also be held at the July Affiliate Summit in Miami and the August Internext in Hollywood, Fla. Domain owners interested in selling their names at auction should contact Moniker at sales@moniker.com.
Moniker Domain Asset Management, is designed to be a complete set of business services that provide companies a single-point-of-access to help manage and maximize the value of domains. The services include name creation, registration, acquisition, portfolio management, appraisal and escrow services, traffic monetization and after-market sales, backed by unsurpassed customer service and security. With more than a decade of experience, Moniker is a top 10 domain registrar, holds the industry’s highest customer retention rate and generates the highest average price for aftermarket domain name sales. Customers include investors, web entrepreneurs and forward-thinking global companies, including Nokia, AOL, Yahoo, the National Hockey League, Major League Baseball, Lions Gate Films, Bank of America, Microsoft, Jupitermedia, Geosigns, Mainstream Advertising, Nokta, Moniker, with headquarters in Pompano Beach, Florida, is an operating unit of Seevast Corporation, a company of marketing services firms that assist companies in driving sales, building brands and leveraging core assets.
To learn more about Moniker, please visit: www.moniker.com.













