$500,000 domain name deal — MMX scores
Details are limited but deal will give MMX’s portfolio a nice bump.
Fresh top level domain name firm MMX (Minds + Machines) has scored a $500,000 deal to register 90,000 second level domain names under its top level domain names within the next 12 months.
Beyond that, details are scant. MMX CEO Toby Hall stated he could not provide more details at this time.
Still, in previous market notes the firm alluded to deals for its geo domain names, so it’s possible that some of the registrations will be across its geo top level domains, such as .london and .miami.
The deal also comes out of the U.S. and European markets, so it doesn’t involve Chinese domain investors. In fact, the firm states that it believes the 90,000 domain names will be put to use.
One similar deal that comes to mind is when DigitalTown.com, led by Rob Monster, purchased 11,000 .city domains from the registry at a $3 first year price. The MMX deal comes out to just over $5.00 per domain.




