Now this is one biz that has to be doing well ATM
 

The digital pawn broker where you can borrow money using your domains and websites

Digipawn

I bet the values have declined greatly over the past year:2 cents:

yeah. always wondered how that works. I remember it from way back when it started honestly surprised to see it was still around but yeah, I bet it is booming.

Just wondering how these guys earn money while they "hold" your domain.

stop spamming your fucking refcode idiot

Yea, quit trying to make money! :Oh crap

LOL! That's exactly what I was thinking. How dare he talk about some sort of BUSINESS on this board!



:1orglaugh:1orglaugh:1orglaugh


.

i have a friend who sent them some primo doms and they rejected them all.. i have a feeling they're rejecting alot of good doms.. maybe business isn't so hot anymore

interesting

Says the guy who posts in threads with "I'm not gonna read all that" just to get their sig in...

Probably on service fees or commission from selling your domain back to you. Same as any other payday loan scheme most likely. I'm thinking that should you fail to pay them, they redirect your domain and park it for cash, essentially making the money back and more in the long term. :2 cents:

they don't hold your name, you get a 10k loan, need to pay back 14k or so, and if you can't, you lose the domain (which should be worth more than $10k in such case i assume)

at least I'm 99% sure it works like that

Interesting way for it to work... Novel idea..

Same way a pawn broker makes money while "holding" your valuables.