$95k in fiat or BTC - 3 months - great collateral

[JamesBit123]

Hi Everyone,

Seeking $95k in fiat (USD) or BTC using one of my more premium domain names, ☁️.com, as collateral (considered the most valuable emoji domain name of the 33 in existence in the dot-com extension worldwide).

It is currently being brokered for $250,000 by top domain broker, Andrew Rosner (CEO of MediaOptions.com), with offers below the ask already on the table.

--> https://www.mediaoptions.com/premium-domains-for-sale

Learn more about ☁️.com here --> http://www.thecloudemoji.com/

Looking forward to your rates offers. And of course, if you are interested in buying it outright, let me know.

Cheers,
James

[Hatcher]

The problem here is that someone loaning you money can't easily liquidate this collateral for $95k if you decide not to pay off the loan. As you are listening to offers of people who are interested in buying it outright, this looks like a sale disguised as a loan.

[JamesBit123]

The problem here is that someone loaning you money can't easily liquidate this collateral for $95k if you decide not to pay off the loan. As you are listening to offers of people who are interested in buying it outright, this looks like a sale disguised as a loan.

I understand your point. At the moment, we are trying to get the attention of a few larger cloud companies so I figured it would be a good in-between. I could get by with a little less cash, but I wanted to give myself a bit more room (so that I'm not leveraging other domains:)

[magneto]

This is basically a domain sale, it's not a loan.

Whoever that is filling this loan would essentially have to have a need for this domain. You're self admittedly also selling the domain with a broker while you're posting this loan request, which isn't looking very good.

People here frown on domain collateral and collateral that is also being sold at the moment. Nobody here with the financial capability of funding a $95k would do it for you with this as collateral. Plus it's not even cloud.com, it's an emoji domain which nobody uses. You should just lock the thread instead, before the negative trust comes onto your account.

[JamesBit123]

This is basically a domain sale, it's not a loan.

Whoever that is filling this loan would essentially have to have a need for this domain. You're self admittedly also selling the domain with a broker while you're posting this loan request, which isn't looking very good.

People here frown on domain collateral and collateral that is also being sold at the moment. Nobody here with the financial capability of funding a $95k would do it for you with this as collateral. Plus it's not even cloud.com, it's an emoji domain which nobody uses. You should just lock the thread instead, before the negative trust comes onto your account.

The loan won't affect anything. Just doing it for business opportunity stuff. Also, it is not my intent to get things locked. If anything, they would want me to default lol. As for the asset, cloud.com is valued at $18m, so I wouldn't be here if that was the case.

I'm happy to negotiate the terms of the loan to make things fair and come down a bit on the ask (saves me money as well).

Let me know

[magneto]

This is basically a domain sale, it's not a loan.

Whoever that is filling this loan would essentially have to have a need for this domain. You're self admittedly also selling the domain with a broker while you're posting this loan request, which isn't looking very good.

People here frown on domain collateral and collateral that is also being sold at the moment. Nobody here with the financial capability of funding a $95k would do it for you with this as collateral. Plus it's not even cloud.com, it's an emoji domain which nobody uses. You should just lock the thread instead, before the negative trust comes onto your account.

The loan won't affect anything. Just doing it for business opportunity stuff. Also, it is not my intent to get things locked. If anything, they would want me to default lol. As for the asset, cloud.com is valued at $18m, so I wouldn't be here if that was the case.

I'm happy to negotiate the terms of the loan to make things fair and come down a bit on the ask (saves me money as well).

Let me know

You're probably much better off asking one of the clients which are interested in this domain and either ask them to give you a loan with the domain as collateral, or just straight up sell this domain to them. Because I 100% promise you that you won't find any lender here that will be willing to lend you that kind of money with this as collateral.

If you want me to elaborate - domains are extremely illiquid. Especially this sort of emoji/other languages domain name.

The entire point of collateral is to allow the lender to know that you're sincerely going to try to repay, and can have something to liquidate if you default. This does not offer that peace of mind to me, or to any other lenders.

What I meant is locking the thread using the bottom left controls. Ask any lender here, they will NOT be interested.

[JamesBit123]

Illiquid, but much higher ROI. That being said, would it show a greater level of confidence if the multiple was higher?

All in all, the banks don't understand much about domain names and given that this is a virtual good - I figured this platform would work well.

[magneto]

Illiquid, but much higher ROI. That being said, would it show a greater level of confidence if the multiple was higher?

All in all, the banks don't understand much about domain names and given that this is a virtual good - I figured this platform would work well.

Unfortunately the only universally recognised collateral on this forum would be altcoins, or precious metals that is shipped physically to the lender. These are pretty much the only liquid assets that people actively accept.

The thing is that people would rather take security and liquidity over ROI in a loan this large.

$95k isn't something that anyone can offer you, a bank couldn't even offer that to you if you didn't have any valid collateral(property, etc.). And people are unsure about how much your domain resells for or whether or not it can be reversed back to your ownership.

This combined with your 0 reputation gives you absolute 0 chance of finding a loan here. I'll repeat a third time - please lock the thread.

[akes2090]

95k ?? 

My friend your emoji domain won't even show up in the SERPs.
Besides you have to use Punycode or a redirect to get to the site - where's the practicality in that??
You acquired the domain just over a year ago for 13,6k and are expecting 250k?? Really??

Sorry but this is nothing more than novelty.

[Quickseller]

You should ask Andrew for a loan backed by your domain.

[SuperD007]

Hey dude

Trust me, I understand your objective and reasoning. I'm also a domainer, the problem is it's likely you will get negative feedback for using a domain that's listed for sale as collateral. As a domainer, I understand that all the domains in our portfolios are always for sale. I tried getting a loan here as well using some of my domains as collateral, I offered domains valued at $12k and asked for a loan worth about $3k... the domains I suggested as collateral included a domain that already previously sold for $6900, so it had verifiable sales history. I even explained that I offered much higher collateral value due to domains not being as liquid as ALT coins. Yet, even with all of that, you will notice I still ended up getting negative feedback...

An alternative could be to contact the folks from Lendvo, submit your domain to them and see if they would give you a loan against it. It is a service they do offer IF they like the domain.