For the same reasons I’m selling Negari.com which closes Tuesday on NameJet, I am also selling DMN.com. Not only is this a highly coveted LLL.com, it’s also personal because these are my exact initials. DMN is also short for DoMaiN and is a useful acronym for businesses and organizations (for example, Digital Media Network). I am truly all in with new gTLDs and I plan on selling off my remaining .com domain names I own personally or through any companies.
What will happen to short .com domains?
In my opinion, the extremely limited supply of 3 and 4 letter and number .com domains will continue to increase in value in the aftermarket. After all, with every domain registered, it only becomes harder for people to find the domains they want. Now people end up paying 6 figures to get the short domains that they want!
What is DMN?
DMN is a CCC.com (Consonant Consonant Consonant) with lots of demand domestically and internationally.
Chinese buyers prefer CCC domains, and domestic (US) buyers prefer domains that can stand for keywords like “domain” or acronyms for their business like “Digital Music Network” (which is what the domain was used for before I owned it).
The domain receives good type-in traffic, but it is being sold because I personally don’t have a need for my .com portfolio anymore.
Was DMN.com a great investment?
Almost 10 years ago in 2006, I paid $22,221 for DMN.com and I recently turned down an offer for $80,000. Looking at recent LLL.com sales as seen in the chart below, I think this will sell in the low 6 figures on NameJet.
Recent LLL.com sales
|Domain Name||Price||Sales Date|
source: http://www.3character.com; retrieved 8/7/2015
Only time will tell, but I think this should end up being a decent investment assuming it sells for $80,000 or more on auction.
Why I am selling DMN.com
Actions speak louder than words. I’m selling my .com portfolio to show that I’m a believer and supporter of new domains – specifically .xyz. As personal and rare as they are, I’m excited to be releasing Negari.com and DMN.com and putting my money behind .xyz.