Hello!

[alan]

Like a cash flow forecast but let’s call this a domain flow forecast.

Can I ask how many domains you expect to catch per month (that people pay for) to make this a viable and profitable enterprise?

This is commercially sensitive information that I'm not able to share.

Let’s also confirm:

Domain is NOT contested: let’s call this registered not caught
Domain IS contested: let’s call this caught

Are the domains you kindly provided in the link (https://parachute.domains/) in fact registered or caught? Were they contested?

The domains listed in that link were acquired using our system. I don't have specific data on hand to indicate which domains may or may not have been contested.

I just fear its easy to create a script or system to register domains, but catching is a whole different ball game! Are you able to share any contested domains you managed to catch?

As I mentioned earlier, I'm not able to share that info.

Finally, you state “Our leading cloud technology improves your domain acquisition outcomes”, are you misleading potential customers with these “aspirational” claims?

Thanks for the feedback here and in your previous post. I'm sorry if the original wording came across as misleading - I've softened the language to make it clearer. Feel free to take a look and let me know if you think any other changes would help.

I do appreciate your openness and willingness to answer questions, I am just genuinely concerned and apologies for being blunt here, you may be wasting your time in this venture. I totally accept I may be wrong.

Please don't worry! I find the domain industry to be a fascinating niche with abundant opportunities, and I'm passionate about building tools for it - both as a labour of love and because I genuinely believe there's untapped commercial potential here. Domain backordering, as you know, is a competitive but proven business area. It's a constantly evolving technical challenge, and I'm genuinely excited to be involved.

Since starting this venture, we've developed our platform on a native AWS stack, we now have a bespoke, sophisticated EPP client, and of course, the catching system itself. This project has already paid dividends in terms of technical growth, industry connections, and personal satisfaction. Financially, it has generated returns which I'm reinvesting directly back into the platform's development. Backordering is just the starting point of a larger journey, opening up the next steps, which we're actively working on.

We're not working in a vacuum either - we regularly speak with customers and take their suggestions onboard. Our goal is to execute well and build something truly valuable for the community. I'm confident in this venture's value and direction, with a focus on delivering real results for our customers and, more ambitiously, on hopefully improving the UK domain industry as a whole.

If you haven't tried the platform yet, you're welcome to check it out - there's no fee unless we secure the domain, so there's little risk. If we're successful, you'll catch a domain at a competitive price without the hassle of an auction, and if not, no harm done.

Edit: sorry, I forgot to deploy the changes to the homepage copy. It will be available shortly.

 

[ben]

Totally respect your opinion Ben but do you really agree there is potential “greatness” with this venture? This is not Facemash in 2003! This is catching domains in 2024.

I think at present, the two catch pools in our industry dominate and are well ahead of any potential new blood. But Ben Hay taught us that anyone with a brain for coding can compete, perhaps even more so now the system is different. Both R and D have multitudes of experience within the UK industry, that any newcomer would have to spend years to get to grips with.

So to answer your question, I don’t believe it’s impossible to break into the industry and be competitive. But I do think it will take intelligence. At the end of the day, if 200 people shoot at a target, it will be obliterated. Can a newcomer hit the target too? Sure. But what are the odds.

 

[alan]

Just to add, that It's not our aim to obliterate the competition - we’re more focused on our own journey than on competing directly with others. Backordering is an important part of what we do, but it’s not the whole game. Our goal isn’t to capture 100% of backorders; rather, we want to be a viable and attractive option that’s worth choosing for backordering.

There are, of course, network and EPP limits, among other technical challenges, and we're actively working through them. It's a gradual process, and we’re committed to getting it right over time.

 

[dn]

native AWS stack, we now have a bespoke, sophisticated EPP client

oh my.. such a dumb exercise of bs buzzwords and hyped-up technologies.. no wonder the actual coding comes second. No, you don't need a "leading cloud technology" for catching, you just need a server, for god's sake.. (sorry, can't resist).

 

[Jeff]

Are the domains you kindly provided in the link (https://parachute.domains/) in fact registered or caught? Were they contested?

The domains listed in that link were acquired using our system. I don't have specific data on hand to indicate which domains may or may not have been contested.

I'm not a domainer, let alone a drop-catcher, so forgive my ignorance, but how can a drop-catcher (or anyone else) tell whether a dropped and subsequently caught domain was contested?

 

[ben]

I'm not a domainer, let alone a drop-catcher, so forgive my ignorance, but how can a drop-catcher (or anyone else) tell whether a dropped and subsequently caught domain was contested?

When you're looking at the logs you will see lots of attempts