Welcome to my newest sponsor – DotClub

welcome-to-my-newest-sponson-dotclub

Hello and Assalamo Alaikum,

I would like to give a very warm welcome to my newest sponsor – DotClub – is a Fort Lauderdale, Florida based company founded by serial entrepreneur Colin Campbell (Tucows, Hostopia).

The Company was formed in 2012 specifically for the purpose of applying for and operating the new generic top level domain name (gTLD) “.CLUB”  as well as to create a complimentary online social network platform for clubs and membership organizations.

dot-club

 

 

 

 

 

 

 

 

 

According to Namestat.org, Top10 Fastest Growing gTLDs are as follows:

.club
.guru
.email
.company
.today
.solutions
.agency
.zone
.cool
.photography

And for Top 10 Best Selling gTLDs along with the number of registrations you will see .club at 2nd place as of now:

.guru – 57,032
.club – 48,271
.berlin – 47,281
.photography – 35,470
.在线 (online) – 31,423
.email – 29,454
.link – 24,563
.today – 24,081
.tips – 22,186
.company – 18,741

As you know Sunday is normally slow day for domain registrations but .club hasn’t been slowing compare to the starting days of general availability. I have seen DotClub team doing excellent marketing in promoting their gTLD. It seems they are unstoppable and why wouldn’t they be when the company is well funded, having raised $8.2 million from investors.

To be honest I haven’t registered any .club domain or any other gTLDs. That doesn’t mean I don’t like .club domains. It’s just that my focus is more on .com domains but I will surely explore deeply wherever I see the opportunity coming my way.

I am very delighted to have them as my newest sponsor of AbdulBasit.com

I sincerely wish them best of luck in reaching the top of gTLDs game.

Feel free to showcase your .club and let everyone know.

Change your passwords as URL shortener Bit.ly gets hacked

Change-your-passwords-URL-shortener-Bitly-gets-hackedHello and Assalamo Alaikum,

Recently I came to know about Bit.ly account credentials may have been compromised. I personally never used this URL shortener service but many people do as I just checked their Alexa Traffic Rank is just 290 which is really good in terms of traffic to their domain. It was a shock to see such a big site getting their user’s data compromised somehow. But things look better and hopefully they will take the necessary steps in order to keep thing completely safe and secure.

If you guys have an account with them I strongly recommend you to change the password. Complete detail on what’s going on right now and what steps to follow for securing your account are here:

Also I will copy the message from the above link:

UPDATE #4 – MAY 11 at 11:33AM EDT: We are sending an email to all users from the domain bitlysupport.com outlining the steps to secure your account.  If you have already followed the steps to secure your account, you do not need to do so again.

UPDATE #3 – MAY 9 at 2:45PM EDT: We have updated this post to address questions regarding the Bitly iPhone app.

UPDATE #2 – MAY 9 at 10:30AM EDT:  We have updated this post to explain what specifically was compromised and we’re encouraging all of our users to secure their Bitly accounts by following the recommendations listed below.

UPDATE #1 – MAY 8 at 8:32PM EDT: We have updated the section of this post regarding users who have Twitter or Facebook accounts connected to their Bitly accounts.

We have reason to believe that Bitly account credentials have been compromised; specifically, users’ email addresses, encrypted passwords, API keys and OAuth tokens. We have no indication at this time that any accounts have been accessed without permission. We have taken steps to ensure the security of all accounts, including disconnecting all users’ Facebook and Twitter accounts. All users can safely reconnect these accounts at their next login.

We are recommending all Bitly users make these changes. Please take the following steps to secure your account: change your API key and OAuth token, reset your password, and reconnect your Facebook and Twitter accounts.

We invalidated all credentials within Facebook and Twitter. Although users may see their Facebook and Twitter accounts connected to their Bitly account, it is not possible to publish to these accounts until users reconnect their Facebook and Twitter profiles.

Following are step-by-step instructions to reset your API key and OAuth token:

1) Log in to your account and click on ‘Your Settings,’ then the ‘Advanced’ tab.

2) At the bottom of the ‘Advanced’ tab, select ‘Reset’ next to ‘Legacy API key.’

3) Copy down your new API key and change it in all applications. These can include social publishers, share buttons and mobile apps.

4) Go to the ‘Profile’ tab and reset your password.

5) Disconnect and reconnect any applications that use Bitly. You can check which accounts are connected under the ‘Connected Accounts’ tab in ‘Your Settings.’

We have already taken proactive measures to secure all paths that led to the compromise and ensure the security of all user data going forward.

If you’re experiencing any trouble with the Bitly iPhone app, please update to the latest version found here.  We have expedited an update to address any issues.

If you have account-specific questions, you can reach us at support@bitly.com.

We take your security and trust in us seriously. The team has been working hard to ensure all accounts are secure.  We apologize for any inconvenience and we will continue to update our Twitter feed, @Bitly, as we have any further updates.

Thank you.

Mark Josephson
CEO, Bitly”

Security is always a concern on internet and we must make sure to keep our passwords a combination of letters, special characters and numbers. Also try to keep different passwords for all the sensitive and important sites you think are for yourself.

DropCatch.com – new domain backordering company with worst possible issue

DropCatch-another-backordering-companyHello and Assalamo Alaikum,

I am not sure if you guys are aware of new backordering service which was publicly beta launched some time back. I came to know about them when I placed the backorders with SnapNames, NameJet and other companies I found that it was caught by a company called DropCatch.com.

Later I found they are part of HugeDomains and they have caught over  1,000,000 for themselves and recently launched DropCatch for public. They offer backorders for .com and .net domains only. According to the conversation I had with them in past they currently have no plans to expand this to other TLDs.

So when I placed my first backorder it was clear that I was the winner because I received an email from them being the winner and can proceed to make payment of $59 and I tried to topup my account but later found that there were some more bidders and their support team apologized by saying we are still in beta and there was a bug which has been fixed. So ultimately the domain went through 5 days auction process. Yes, 5 days auction.

I gave my feedback to their team for changing from 5 days to 3 days and change the auction finish time 3 hours earlier which is quite near to what SnapNames, NameJet and other auction platform time ends. I was happy to see both these changes were made quite quickly and I appreciate that.

But the main problem is whatever the domain I have backordered goes into “Public Auction” since I started using them still exists and they don’t just care about it. Surely, it will hurt them in future and I hope they will listen to their clients or start losing them quickly.

This “Public Auction” is the worst thing I have seen at any backordering company. Let me give you an example for recently concluded auction at DropCatch. I backordered Bespoke.com along with other 44 bidders who had ordered this domain before it was caught by DropCatch. So once the auction started until it finished there were a total of 54 bidders. An increase of 10 bidders jumping into the action and I tell you all those additional bidders came really pumped up the bidding war. My highest bid was in five figures but if those people hadn’t come my chances to win that domain were far better.

Now I don’t have any complaints for those who jumped in at later stage or were not part of the initial backordering stage. All I have problem is with DropCatch system and their team who doesn’t really care about this. I have asked them numerous times to get rid of this or you will start losing interest from people involved in using your backordering service. Their answer as always was that I am the ONLY person who is asking for this change and no one else does!

Is that what you think DropCatch? Check out the comment section at DomainNameWire and you will come to know if I am the ONLY person dissatisfied and asking change for betterment.

This doesn’t make any sense to me that 2 people doing their research, putting all efforts and time finding the gem out of the rough and once the auction starts I simply jump in and start bidding including all other people who were not aware of that domain before the domain got started as public auction. That’s simply waste of time and utter nonsense for the person who did this research. Do you (DropCatch) think we domainers have plenty of time to waste?

Yes, I am still using them because there are not much people who knows about them compare to bidders at SnapNames and NameJet. So with less competition there is always a chance to get a domain at lesser price.

So any one had experienced DropCatch backordering service and what are your thoughts? Feel free to post a comment 🙂

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**UPDATE**
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Received a response from DropCatch.com official after I sent my and DNW article link mentioned below:

Hello AbdulBasit,

We are following the domain name article and have been discussing the issue you have raised for quite some time.

These things don’t change overnight and we will let you know (probably with a DropCatch blog post) what we decide to do when we have decided it. A lot goes into keeping something like this running. Your patience is appreciated.

Another mid four figure sale through DomainNameSales.com

Another-mid-four-figure-sale-through-DomainNameSales.comHello and Assalamo Alaikum,

As I promised in one of my previous post for sharing my next domain sale with complete detail with no hiding and here you go!

Couple of months back I won a domain CuppyCakes.com for $224 and received some inquiries which were well below my expectations. However, last month in April I got an initial offer of $750 for which I countered with much higher price.

The person got back with giving me Estibot appraisal value for that domain which was $1,900 at that time. Here I am saying “at that time” because I have seen Estibot/Valuate changing their appraisal value for domains which get reportedly sold so they might change the appraisal price in future. Useless appraisal sites I tell you…

I informed the guy that people who have good knowledge about domains don’t take these valuation sites seriously. We have sold domains in five figures which these valuation sites have given $500. Also provided him the weekly sales report DnJournal and NameBio for past sales which can give better idea on value of domains.

A week later I sent reminder asking if there is any better offer he would like to present against my quoted price and received new offer of $5,000 which wasn’t bad for a $224 investment. I gleefully accepted the offer and initiated the transaction at Escrow.com

The domain was parked at DomainNameSales.com for the last couple of months. Got 3-4 inquiries total including this one which finished as successful sale. The payment was made swiftly and everything went smooth.

So have you sold any domains recently? What do you think of this sale? Any questions and/or feedback is welcome 🙂

Domain parking revenue for April 2014

Hello and Assalamo Alaikum,

It wasn’t one of the pleasant months in domain parking. Even if the revenue remains intact I would say it’s on the downward side because I have been adding several new domains every month to DomainNameSales.com parking platform.

At least 10 new domains are added under my DNS account but this time revenue went down. I have read for some other fellow domainers whose parking revenue have been down for the last month which is not a good sign. Although it was below $500 but well over $400 mark.

I made some category changes to some of my performing domains which resulted in less $$ but that was just one factor of having less revenue in last month.

I am hopeful to make not only $500 but well over that figure this month which has started quietly the same as previous one. I am confident because I will be adding some more quality domains which will help boost in revenue.

By the way, have you seen any downtrend in your parking revenue for the last month? Anyhow, I have some good news to share in my next post so stay tuned! 🙂