Scam or copycat? Dan Bitcoin Escrow

Dan.com is a GoDaddy company providing a selling platform to more than 2.5 million domains.

The success of Dan.com is due to automation of its transactions, including the financial part. Although Dan.com can hold domains in its escrow for lease to own (LTO) sales, it does not have a bitcoin escrow.

One might be wondering what the heck is this “Dan Escrow” then, using the domain name DanEscrow.co.uk:

We aren’t sure if this is an outright scam or an attempt to ride on the coattails of Dan.com but the UK-based venture appears to be offline; the content above was captured in November.

On its Twitter account, Dan Escrow claims to be exclusively brokering ultra-premium domains such as Bag.com, which belongs to Reflex Publishing. According to Dan Bitcoin Escrow, the asking price is 5,000 British pounds.

LOL.

We can safely deduce that Dan Escrow is a scam, as seen from other listings such as that of A1.com, a seven figure domain, that’s listed for 2.5 BTC or about $120k at the going rate. The domain is not for sale as it redirects to the A1 Group. Another obvious scam listing is that of FX.com for which the supposed cost is 5 BTC.

The Dan Escrow outfit operates from Dan-Escrow.com as well, a domain registered less than a week ago.

Be careful out there.

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