Yup, Another Blog goes the same route as CashQuests. But you will see the real damage in coming days. I am talking of none other than One of the biggest contest blogs – Contest Beat. It was put up for sale on 28 January 2008 and got sold on 31 January 2008 on Sitepoint for $3400. I must say, owner got a nice deal.
But what saddens me is the buyer in question. Buyer is the same who bought CashQuests.com few months back. And now CashQuests is nowhere. Buyer in question is iEntry Corporation. I don’t know why they buy sites when they don’t know how to run it? During the time period of sale on Sitepoint, the ex owner made 11 posts excluding the post announcing the sale. And since 31 Jan 2008, tilldate there is no post on it?
Well I will pray for you ContestBeat.com! Rest in Peace. 
And Advice for other sites on Sitepoint being sold:
Please don’t sell your site to worldbuyer.
Certainly is sad, I guess some people just have money to throw around…
How can we find a site’s price?What are the main criterias?Unique visitors,its age,monthly income,linking sites…how important are these?
Li Zhang » Maybe, but when your hard work goes down the drain, such deals become worthless.
Wow,3400$ ? Nice deal, I wouldn’t mind selling one of my blogs for half that…
If Contest Beat is following the footsteps of Cash Quest, I have nothing to say but pray for the site, just like you.
Sometimes a poor blog owner has no choice but to succumb to a generous offer by a wealthy advertiser.