Escrow.com has best quarter with Domain Sales being the driving force (1 Viewing)

Report: Escrow.com has best quarter since Q2/2022​

Escrow.com today announced that overall volume is up 47% quarter-on-quarter, with domain names being a driving force to the growth over the past quarter.

In Q1 2023, Escrow saw a resurgence in large value transactions ($1m+) with Q1 23 domain name volume returning to levels previously seen in Q1 2022.

Escrow attributes the volume growth to an anticipated boom in venture capital flowing into startups capitalizing on generative AI. For example, the company facilitated the purchase of Chat.com and Prompt.com, as well as other high value domains such as NewYork.com.

Read more: https://domaingang.com/domain-news/report-escrow-com-has-best-quarter-since-q2-2022/

I will say it again and again...

Escrow is well positioned to become the next Dan.com

They have the payment structure in place, just streamline it for domains and add landers.

More landing services are useless without proper way to check out.

Bypass commissions 100% and charge just the processing fee and you have a winner that will disrupt the entire industry.

GoDaddy will have to pay some serious change to buy that out and in fact they may not even be able to this time around because they would probably face regulatory issues.