Thursday, July 19, 2018

The Best SAS acquires .Best TLD in Strategic Deal

PeopleBrowsr, a San Francisco based technology company, announced today the sale of its BestTLD Pty Ltd subsidiary to The Best SAS, a Paris based company led by President, Cyril Fremont.

BestTLD Pty Ltd owns the .Best top level domain. It has distribution agreements with GoDaddy and over 50 other Domain Registrars.

The sale has been approved by ICANN (Internet Corporation for Assigned Names and Numbers).

The .Best TLD has been acquired as a core component of a decentralized search optimized social network, where participants will be rewarded with .Best cryptocurrency for reviewing best in class products and services.

Jodee Rich PeopleBrowsr’s CEO said “This is a strategic deal for PeopleBrowsr. It provides us with a good return on our 2014 Best TLD investment and a partner who’s roadmap is aligned with our own. We believe in Cyril and his team. They are using three new technologies - Top Level Domains, Social Networks and Blockchain to create an economy between Buyers and Sellers “

Cyril Fremont said “We are giving the consumer their own domain name, an integrated website where they own the data, and rewards for their contribution to the community. Platforms like ours continue to move negotiating power between reviewers and sellers

French culture is synonymous with best in class consumer products, so, .Best was the obvious choice for the project.

The Best SAS received financial support for the purchase from investors, the French government’s BPIFrance, and Spring Legal Lawyers: Frédéric Boucly said “This venture is a global technology play. Mr Fremont has a proven track record”.

PeopleBrowsr Background
PeopleBrowsr is a San Francisco based technology company founded in 2008. It has earned over $20M in revenue.

Its core technology, SocialOS is a Blockchain integrated platform for the rapid development of social applications.

Institutional clients include the US Department of Defense, a major bank and government entities.

PeopleBrowsr acquired 3 gTLDs in ICANN’s first round, .CEO, .Best and .Kred, and has progressively implemented SocialOS technology across each namespace.

CEO Jodee Rich, is a thought leader in the technology industry. He has spoken at many conferences and believes that the integration of blockchain and social networks will give more power to individuals and small business.

The Best SAS Background
The Best SAS is the first and only French company to own a new Generic Top Level Domain. It was founded by major shareholder PREMLEAD.

PREMLEAD is an online marketing company that fuel online sellers with premium leads using a network of+50.000 websites worldwide and a unique web content technology.

CEO Cyril Fremont, is working as an Internet Entrepreneur since 1996. After starting his career in the Silicon Valley, he co-founded or participate to 3 major successful IPOs : INTERSHOP, ARIBA, SIDETRADE.

It took Five years to Cyril Fremont to complete the .Best acquisition.

The Best will be the first Registry to own its own TLD, CRYPTO and SOCIAL NETWORK.

Download the full Press Release
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