The service will cater specifically to buyers and sellers of domain names from one of the most experienced innovators in the domain industry: Francois Carrillo – who has built the top domain name news portal with Domaining.com, in addition to a range of other services.
That’s where the domain aspect comes in. Knowing the needs of domain buyers and sellers. The service will secure domain sales, leases, swaps and other custom transactions.
While all the details haven’t been posted, the service offers a low flat fee of $25 for transactions under $5,000.
eCop will support a variety of transactions: ‘While many escrow services exist for domain sales, none offers a way to secure domain leases, domain exchanges or to secure complex domain transactions.’
Read more about the soon-to-launch domain escrow service.