ICANN is the Internet Corporation for Assigned Name and Numbers which oversees Internet related tasks on behalf of the US Government. The non-profit corporation’s headquarters is based in California, USA. Jon Postel founded ICANN on September 18th, 1998.
On September 29th, 2006, ICANN signed an agreement with United States Department of Commerce (DOC) that allows ICANN to completely manage the Internet system. ICANN is responsible for their decisions and can be punished for their actions.
You can purchase domains via various domain auction sites, these websites make it easier to buy and sell domain names.
A drop registrar is a domain name registrar who registers expiring domain names, to sell at auction, as soon as the registration expires. To participate in a drop registrar auction you need to register your interest prior to the beginning of the auction.
A domain auction site allows a customer to purchase a previously registered domain, which suits their needs, from an owner who wishes to sell their domain name. A domain auction site allows sellers to list multiple domains, easily and conveniently, on the one website.
Louis Vuitton Moet Hennessy (LVMH), in particular Louis Vuitton Malletier, commonly known as Louis Vuitton or LV for short, recently filed a complaint with WIPO Arbitration and Mediation Center for the domain: go-vuitton.com
LV is a large international French fashion and luxury brand, with well know famous Trade Marks. Louis Vuitton specializes in leather handbags, shoes and accessories.
Usually domain parking brings only a very low amount of money every month. If you are lucky, this amount may cover the registration fee, but this is not always the case.
You then have a decision to make:
Since launching in May 2009, 4526 domains totaling $4.64 million have been sold and successfully transferred using NDX Market’s brokerage and sales platform.
Name Drive reported that 24 different TLDs have been sold on NDX Market. The dominant TLDs were .com and .de domains, making up 40% of the sales between them.
Effective as of 1 Dec 2009 DomainWatch.com.au the Australian drop domain service that competes with drop.com.au has advised that the New Minimum Bid is going to …
Each and any domain name can be worth something. Also, over time, the domains will be worth more as the scarcity will increase: there are more and more people online everyday and less and less available domains.
There are probably two main strategies for you to profit from this increase in value:
As the recession continues to plague most sectors of the economy, domain sales continue strong for 2009. The top 10 largest domain sales of 2009:
| Domain Name Sold | Sales Price | When Sold |
| Toys.com | $5,100,000 | March 15, 2009 |
| Candy.com | $3,000,000 | June 9, 2009 |
| Fly.com | $1,760,000 | February 3, 2009 |
| Auction.com | $1,700,000 | March 24, 2009 |
| Ticket.com | $1,525,000 | October 14, 2009 |
| Call.com | $1,100,000 | September 1, 2009 |
| Webcam.com | $1,020,000 | June 9, 2009 |
| Server.com | $770,000 | August 4, 2009 |
| Luck.com | $675,000 | October 14, 2009 |
| Exterminator.com | $600,000 | October 14, 2009 |
| Christian.com | $600,000 | Spetember 8, 2009 |
Insure.com has recently sold for whopping US$16 million recently! This is a huge increase from 2001 when it was sold for $1.6 million. Involved in the US$16 million transaction is the domain name and the website itself.
All domain names have potential. Any domain can, at some point, mean something to someone. And that someone may be willing to pay lots of money for it.
A good example are brand names: everyday new businesses are formed and brands created. So a good sounding domain with no meaning may become a brand in the eyes of the marketer of a big company.
Monetization
Domain Registrar
Partners
Accreditations
Copyright © 2008 - 2025 Above.com Pty Ltd - All rights reserved. Privacy Policy
