At the core of every enterprise there lies a Domain Name TWEETS ARE FOR ENTERTAINMENT PURPOSES ONLY PARODY this content is not to be taken seriously unless true
Andy Booth lied about paradise
Joined March 2009
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DancerA retweeted
Can you really count on "comps" in an industry where one letter is the difference between 8k and 15m?
DancerA retweeted
This is the post that ties it all together.
The Only Income Producing Collectible That Can Buy Every Other Collectible
Most investors in collectibles don’t actually own assets.
They own expensive inventory with permanent carrying costs.
Most collectibles are static.
They sit still and wait.
Art, sports cards, and memorabilia are stored assets. They live in vaults and require constant insurance, protection, and oversight just to exist. A thirty-million-dollar trading card may be rare, but it is the most expensive nonfunctional real estate on earth.
At roughly 1% annual insurance, that single card costs about $300,000 a year just to sit there. Over ten years, that is $3 million spent to stand still. No income. No compounding. No leverage. Just cost.
It’s an asset.
It’s also a liability.
Hold it long enough and the math becomes unavoidable. Decades of insurance just to stand still. Millions spent not to grow, but simply not to lose.
Smart investors understand there is a fundamental difference between collectible inventory and operating assets.
One waits.
The other works.
An operating asset doesn’t sit in storage. It operates in public. It compounds. It builds leverage while you sleep.
A great operating asset becomes the front door, the brand, and the world headquarters of the business built on it. It doesn’t just represent value, it becomes the center of gravity everything else builds around.
There are assets that don’t just hold value, but create it.
They generate revenue.
They can be licensed, leased, partnered, and scaled.
They can spawn companies, platforms, and entire ecosystems with virtually unlimited expansion.
Most collectibles only have value if someone else buys them.
If no one shows up, nothing happens.
An operating asset doesn’t wait for a buyer.
It produces. It earns. It compounds.
You don’t hope for an outcome.
You create one.
If your asset can’t work while you sleep, it isn’t an asset.
It’s inventory.
The most valuable assets in the modern world sit at the intersection of language, identity, commerce, and behavior. One word can represent an entire industry. One name can outlive companies, technologies, and trends.
From the right operating asset, you can buy every collectible in the world.
You can’t do it the other way around.
That’s not opinion.
That’s math.
Collectibles are owned.
Operating assets are deployed.
And the most powerful operating assets ever created are high-profile, memorable, brandable, category-defining domain names.
Curious how people outside the domain world see this distinction.
DancerA retweeted
Here is the actual email that I sent to @dynatodd the CEO this morning at 7:46am PLEASE RETWEET!
I tried to handle this quietly and professionally. But what’s happening at @Dynadot affects everyone in the domain industry.
Their current auction policy rewards fake bidders and punishes real ones.
I’m making my letter public so no one else gets burned.
Hi Todd,
I’m writing to you personally because I don’t want this to turn into a public spectacle. I’ve always tried to do business in good faith, and I’ve supported Dynadot for years. But the policy I’ve encountered here can destroy the very trust that keeps your company alive.
In the auction for Coinbook.com, a bidder failed to pay. That means every bid that person made was invalid from the moment they clicked the button. Yet under Dynadot’s current policy, I’m being asked to pay the inflated price created by those fake bids.
To put this in perspective, imagine a real estate auction where a home is bid up to $3.5 million and later it’s discovered that every bid above $1.5 million was phony. No auctioneer on earth would expect the legitimate bidder to pay $3.5 million. They’d be out of business before the crowd left the room.
This is no different. You’re asking real bidders to pay against ghosts, while the platform still profits from the forfeited deposit of the bidder who never paid. It’s a double win for Dynadot and a breach of trust for everyone else. Even the appearance of that conflict of interest is poison to an auction business.
If I said I was angry, it would be an understatement. Livid would be closer to the truth.
I was actually on a yacht that I chartered to be with some of the most influential domain investors in the industry when I heard the news and they heard and saw my reaction firsthand. Ask them. I hit the ceiling!!
Worse: this policy protects no one but the fakers, the fake bids and all the abuse that goes with them. That will be devastating.
Our industry isn’t huge, Todd. It’s small, tight, and built on reputation. The moment people realize this policy exists, they’ll lose confidence not just in this one auction, but in your entire system just like I did when I first learned of it. It’s a dealbreaker. It’s a trust breaker. It’s an ethics breaker. And it’s the kind of thing that can break a company.
I’ve written a detailed public post explaining the situation not to attack you or Dynadot, but to explain how devastating this policy could be for Dynadot and for everyone who depends on you. I’d prefer not to share it. But if this can’t be resolved, I’ll have no choice but to make the issue public so that others can protect themselves.
I’d rather see Dynadot do the right thing: revert this sale to the last legitimate bid, acknowledge the problem, and fix the policy going forward. You’ll earn more trust in one day than any marketing campaign could buy.
Without those steps, tell me how is it possible to ever trust your platform again? How could I ever use Dynadot again? How could I ever recommend Dynafot again without explaining the unsavory policy that comes with it?
Doing the right thing helps everyone. Your customers, your brand, and your future. Doing the wrong thing helps no one, not even in the short term, and the consequences are unknown.
Thank you for your time, Todd. I truly hope you understand how serious and important this is.
Best,
Rick Schwartz
#Domains #DomainNames #Auctions #DomainKing
DancerA retweeted
AgenticAi•com was hand registered in 2023($10). It was then purchased for $5k and just re-sold for $120k this week.
Today is $5 .com Friday on Unstoppable domains.
You can register up to 100 .coms for $5 each! 🤯
One solid hand registration can change everything 😎
DancerA retweeted
DomainShane being a self-righteous jerk again.
Because she won't do an interview with him he claims she is "on her own". Nobody in this industry needs Shane and there is no reason why she needs to do an interview if she doesn't want to.
DancerA retweeted
I can't help but reflect on this story in the context of the continued political prosecutions in Lethbridge, Ottawa and elsewhere. No expenses were spared for punishing those who participated in anti-Trudeau while the death merchant fentanyl dealers walk free. Absolutely insane.
DancerA retweeted
Sounds like a trippie point… Does your grifter opinion matter after all the scams you’ve pulled?
