@mattgould@GenesisNames hi Matt, any news on LTO payments? Tried paying via card, crypto, etc. All seems to not be working for 2 weeks.
Few names overdue and getting worried 🥲
@DomainJames Congrats James!
Usually for these betting sites, depending on the geo sometimes domains get blocked. It's why you have some random 88 or bet names taken in 100+ tlds. Because they jump between domains 😉
An auction platform that doesn’t submit bids is a fatal flaw. Every domain is 1 of 1 so they need to respect the unique and valuable asset class they represent.
For users who submitted above $5655 They should compensate at least 10% of the total bid amount. This would show sincerity. $100 is cute for a auction that closed few hundred dollar auction not a 5 figure one.
However, it’s clear they don’t care since they have another business model 😉
Their reputation speaks for itself, can see the response in this thread from other domainers.
Lost trust in Gname - FRST(.)com
3 days ago, the auction for FRST(.)com ended at Sav. Sav’s bidding system is atrocious and Gname provided the ability for proxy bids.
Strangely enough, FRST(.)com closed at $10,100 on Gname. While it closed at $5,655 on Sav. Apparently Gname did not submit the proxy bids to Sav.
The name was delivered to the winner on Sav and rightly so. However, what does Gname do to take responsibility? They ONLY offered $100 in credits for a name that is valued at 6 figures.
IMO it is honestly insulting and shows that they care 0 for domainers and don’t value you, me or anyone.
My recommendation: If you are seriously bidding for a name, AVOID Gname.
@ICADomains@ICANN@DomainNameWire
@andrewrosener When most of the juice is squeezed, I think the “buying” opportunity that remains is through pawn shop or financing-style defaults
What do you think Drew?
@DomainGang You’d be surprised if you chuck it in Appraisals 😉
Imo it is, taken in close to 100 extensions, these type of 4L names are catching on. FLWR sold for 250k, SPCE for 50k sometime back, and others going for high
FRST can be First, Forest, Frost
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