There is a certain amount of curse involved with the popular web site, Chatroulette – where thousands of exhibitionists reside at any given moment of the day, for the purpose of “socializing”.
Ahem.
Attempting to capitalize on the huge traffic and popularity of Chatroulette.com a lot of people registered “roulette” domains, hoping to attract traffic or resell them.
Not many see that it’s a futile attempt, as the traffic of Chatroulette.com is viral and generated by “word of mouth”. While some typos might get some of the Chatroulette glory, most are useless.
However, one domain sale seemed to differ – that of CamRoulette.com for $151 G’s.
Seasoned domain investor, Adam Strong, who also owns Strong.net, managed to flip this $1200 purchase for more than 100fold, thus selling CamRoulette.com in less than a month of holding it.
A new ongoing twist to this CamRoulette saga: Apparently, the original registrant of CamRoulette.com is being sued for damages by a party preceding Adam Strong in negotiations to acquire the domain.
Having offered $700, an established and well-off individual from New York is suing the original owner of CamRoulette.com (not Adam Strong) for $150,300 – or in other words, for the difference between their $700 offer and the eventual sale amount of CamRoulette.com by Adam Strong.
Surely, this is a case of claiming “potential earnings” than no judge should allow to go through, despite allegations of breaching a sales contract. The original owner refunded the $700 that was paid and completed their sale of CamRoulette.com to Adam Strong for $1200 – what happened to the domain after that is speculative earnings unrelated to the original sale.
We’d love to see how this situation will evolve, meanwhile if you are being blocked on Chatroulette here is a method to unban yourself instantly.
Copyright © 2024 DomainGang.com · All Rights Reserved.
Same goes to whoever bought searchengineoptimization dot net for $62K
useless useless domain
I know the person who is suing Adam, but I don’t know why this is such a news story. If I enter into a contract with you for say a baseball card for $100 and you then find out it’s worth $7000 and you sell it for that much, but the actual retail value of the card is $20,000, since we have a contract I am entitled to that $20,000 since it is how much it was worth and you broke the contract.