Wholesale Exchange changes hands — Domain Name

Domainer-to-domainer platform plans changes under fresh ownership.

Domain Name Wholesale Exchange has a fresh owner.

Based on tweets posted this evening, it appears that Ryan Ewen or one of his firms has purchased the platform. (You can hear a podcast interview with Ryan here.)

As stated by a tweet stream this evening, a lot of changes are in store for the site.

One improvement will be more data to help find the best domains, counting adding GoDaddy valuation data and DotDB TLD counts. The fresh owner also hopes to reduce the minimum listing price in the future.

I’ve always thought Domain Name Wholesale Exchange was a good idea for facilitating domainer-to-domainer sales, but didn’t have the consistent focus and execution necessary to make it the platform it needed to be. We’ll see if that changes under fresh ownership.

Update: Ewen provided more details to Reglike regarding his plans for DNWE.

He stated the idea to acquire DNWE came regarding following he ran a test initiative called “Daily Diamonds.” It was a Domain Manage project where they publicly advertised below market domain opportunities on our social media channels and associated partners counting DNF, Acorn, Crunch.id & Domaining.com via website banners.

Daily Diamonds was a way to test the distribution value of the wholesale market.

In response to Daily Diamonds, DNWE reached out on social media “tounge in cheek” regarding being purchased. That kicked off buyout discussions.

Ewen stated that his development team has been working on many aspects of the domain market, but didn’t have the investor-to-investor market covered.