Lumis Co-Founder Slade Michalec

This week, Horacio and Stefan sat down with Slade Michalec, Co-founder of Lumis, a domain brokerage firm.Slade talks about the intricacies of brokering deals for domain names. He also gives updates on the latest trends in the industry, including emerging domains and using equity for acquisitions.Stefan provides insight into the role Lumis played in helping us here at Alts acquire the alts.co domainDiscussion topics include:The dynamics of acquiring domain names for businesses and individualsThe challenges and processes of contacting owners of domain namesMethods used to find domain names, including WHOIS records, proprietary tools, experience, and connections within the industry.Determining price points for domain names, including premium names, comparable sales, and integration into the owner’s processes and systemsUsing solid research during a meeting of the minds to help broker a dealSpecial payment plans as domain names have appreciated since the beginning of the COVID pandemic.Determining value for domain names and their potential subjectivityA rise in transactions involving equity or stake in a companyThe rise in .xyz domain extensionsThe .com domain still standing as the premier top-level domain, and its appreciation in value with increased scarcity---Follow Alts- Website & newsletter: https://alts.co- Discord: https://discord.gg/DEkHgzggwC- Twitter: https://twitter.com/altassetsclub- Insta: https://instagram.com/alts_co- TikTok: https://www.tiktok.com/@alts_co- Youtube: https://www.youtube.com/channel/UCpmgk4gzQ56QvpyegBJJVQA?sub_confirmation=1