3 ms·

> Jump also very well knows that 50k for a domain like that is a steal I'm not up on domain name pricing. What would you estimate the fair price to be?

rococode 5y ago
Here are some links listing recent domain sales: https://enaming.com/recent-sales https://enaming.com/recent-sales https://www.dnjournal.com/ytd-sales-charts.htm https://www.dnjournal.com/ytd-sales-charts.htm https://www.namecheap.com/blog/top-domain-sales-of-2021-so-far/ https://www.namecheap.com/blog/top-domain-sales-of-2021-so-f... Wormhole is a cool sci-fi word. A fun word that most people know and don't already associate with another brand. It's high tech, it's something at the frontiers of science, it's fast and futuristic. Easy to spell, easy to remember, and easy to build a new brand around. "Galaxy.com" recently went for $1.8m, apparently, and that's like a better version of "wormhole". Comparing to recent sales, I'd say Wormhole could easily go for $800k+. With the right buyer, maybe upwards of $1m.
- daniel-cussen 5y ago
  I think $50,000 is fair as a matter of fact. It's not talked about much anymore. I don't know the other details of the case, just that...for wormhole.com...$50,000 is not out of the question. But the fact it's owned by Carl Sagan means it's a marketing op to say you bought it from him, at a good price, not a fair price. They could bump it up to make both parties better off, and in fact Jump Trading like the name wormhole specifically and directly because of science popularization primarily due to Carl Sagan. Like write a better payment on a giant check and take a bunch of pictures, come on. Or what? Does anybody at Jump Trading have old dry-ink manuscripts analyzing actual wormholes in the astronomical sense? EDIT: on reflection the guys they hire actually could have dry-ink manuscripts, in grad school. But not within Jump Trading.
  - xmprt 5y ago
    It's owned by a Carl Sagan fan and not Carl Sagan himself. Carl Sagan passed away in the 90s. I'm not sure why you're saying $50,000 is fair as a matter of fact and what you mean by dry-ink manuscripts.
    - daniel-cussen 5y ago
      Oh I see.
  - downrightmike 5y ago
    If you have $1million in your own personal accounts, I'll offer you $50k for all those accounts and the funds there in, deal?
  - deleted 5y ago
    [deleted]
- siftrics 5y ago
  This has nothing to do with the fact that wormhole is "a cool sci-fi word" that's "easy to spell, easy to remember, and easy to build a new brand around." Jump wants this domain because its Wormhole Network already exists and is extremely valuable. Jump does not want this domain because it has good resale value. Jump is not in the business of flipping domains.
  - nrmitchi 5y ago
    So your argument here is actually that wormhole.com should be worth way more to Jump than to any other generic buyer, since they have already built up a product around the name of a domain they didn't control.
    - siftrics 5y ago
      - jhrmnn 5y ago
        The commenter wasn’t commenting on the price of the domain to Jump Trading, but on its general market value
      - DiggyJohnson 5y ago
        Unbelievable. The GP was answering a general-interest question of the estimated market value of wormhole.com. They then gave an excellent response. You missed a post in the thread, didn’t notice, and insulted GP (for no reason, I might add).

rococode 5y ago

Here are some links listing recent domain sales: https://enaming.com/recent-sales https://enaming.com/recent-sales https://www.dnjournal.com/ytd-sales-charts.htm https://www.dnjournal.com/ytd-sales-charts.htm https://www.namecheap.com/blog/top-domain-sales-of-2021-so-far/ https://www.namecheap.com/blog/top-domain-sales-of-2021-so-f... Wormhole is a cool sci-fi word. A fun word that most people know and don't already associate with another brand. It's high tech, it's something at the frontiers of science, it's fast and futuristic. Easy to spell, easy to remember, and easy to build a new brand around. "Galaxy.com" recently went for $1.8m, apparently, and that's like a better version of "wormhole". Comparing to recent sales, I'd say Wormhole could easily go for $800k+. With the right buyer, maybe upwards of $1m.

daniel-cussen 5y ago
I think $50,000 is fair as a matter of fact. It's not talked about much anymore. I don't know the other details of the case, just that...for wormhole.com...$50,000 is not out of the question. But the fact it's owned by Carl Sagan means it's a marketing op to say you bought it from him, at a good price, not a fair price. They could bump it up to make both parties better off, and in fact Jump Trading like the name wormhole specifically and directly because of science popularization primarily due to Carl Sagan. Like write a better payment on a giant check and take a bunch of pictures, come on. Or what? Does anybody at Jump Trading have old dry-ink manuscripts analyzing actual wormholes in the astronomical sense? EDIT: on reflection the guys they hire actually could have dry-ink manuscripts, in grad school. But not within Jump Trading.
- xmprt 5y ago
  It's owned by a Carl Sagan fan and not Carl Sagan himself. Carl Sagan passed away in the 90s. I'm not sure why you're saying $50,000 is fair as a matter of fact and what you mean by dry-ink manuscripts.
  - daniel-cussen 5y ago
    Oh I see.
- downrightmike 5y ago
  If you have $1million in your own personal accounts, I'll offer you $50k for all those accounts and the funds there in, deal?
- deleted 5y ago
  [deleted]
siftrics 5y ago
This has nothing to do with the fact that wormhole is "a cool sci-fi word" that's "easy to spell, easy to remember, and easy to build a new brand around." Jump wants this domain because its Wormhole Network already exists and is extremely valuable. Jump does not want this domain because it has good resale value. Jump is not in the business of flipping domains.
- nrmitchi 5y ago
  So your argument here is actually that wormhole.com should be worth way more to Jump than to any other generic buyer, since they have already built up a product around the name of a domain they didn't control.
  - siftrics 5y ago
    - jhrmnn 5y ago
      The commenter wasn’t commenting on the price of the domain to Jump Trading, but on its general market value
    - DiggyJohnson 5y ago
      Unbelievable. The GP was answering a general-interest question of the estimated market value of wormhole.com. They then gave an excellent response. You missed a post in the thread, didn’t notice, and insulted GP (for no reason, I might add).