The domain PDF.ai is being used for an AI-driven service via its founder, Damon Chen.
The service takes Adobe PDF files as input, process them, and provides users with the ability to interact with the content via a ChatGPT grade bot. In recent months, Adobe also provides a similar, subscription-based service for PDF files built into its Adobe Acrobat software.
Damon Chen has received lots of lowball offers it seems, most of which target the domain name only instead of the domain and the service. He got tired of this and listed the domain name for sale on Dan.com, initially at $20,000,000 dollars.
The talented entrepreneur discovered that Dan will charge a 25% transaction fee for the sale, as he is using his own DNS for the active service, so he raised the asking price to $25,000,000 dollars.
Chen has every right to ask for millions of dollars for a service that he created; for reference, he only paid $610 dollars to acquire the domain according to NameBio.
Correction: That NameBio record appears to have been the seller’s acquisition cost; Damon Chen has mentioned that he acquired PDF.ai for $9,899 dollars.
It’s also clear that Dan isn’t the best-suited platform to sell a multi-million dollar asset that may include web site content on; Escrow.com would be the ideal platform to perform that transaction on, at a considerably lower cost.