Tuesday, August 01, 2006

Domain Name is future real estate.

Do you believe in this statment?
"The domain name is 21st century real estate," says Warren Adelman, president of GoDaddy.com, the world's largest domain name registrar, with 12.9 million. "The economy is being increasingly driven by the Internet sector."
(Source: http://www.usatoday.com/tech/news/2006-04-13-hot-domain-names_x.htm)
Here are some examples:
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Business.com $8 million
The details: Bought by the Californian-based eCompanies. They plan to develop the site as a business-to-business service.
AsSeenOnTv.com $5.1 million
The details: Bought for an extortionate sum and now the place to buy all your As Seen On TV products.
Altavista.com $3.3 million
The details: Bought by Compaq for its search engine Altavista. It means you no longer had to type in the cumbersome URL www.digital.com/altavista
Wine.com $2.9 million
The details: Not only did VirtualVineyard.com acquire the domain name wine.com back in September 1999 but it also bought a live site. However it's the URL that VirtualVineyards really wanted, the VirtualVineyard's content was immediately swapped over to the Wine.com domain.
Autos.com $2.2 million
The details: The sale of this domain was conducted by Hit Domains. The URL was bought by CarsDirect.com, the number one car buying site on the web. Autos.com is now the front door for the company's various auto services.
Express.com $1.8 million
The details: Now home to the online audio and video retailer DVD Express.
Wallstreet.com $1m
The details: This domain was sold in April 1999 by Ehud Gavron, who runs an ISP business in Arizona. Online casino Players Sportsbooks and Casino bought Wallstreet.com and they run a stockmarket gambling service on the site. Players Sportsbooks and Casino are based on a tiny island in Venezuela - presumably for tax reasons.
Rock.com $1m
The details: Yes, you've guessed it, this site is now devoted to all matters rock music related.
Websites.com $970,000
The details: This desirable domain was auctioned off by Great Domains and now is home to Verio, a company that provides Internet and web hosting services to businesses.
Drugs.com $830,000
The details: Drugs.com was bought from Eric MacIver in May 1999. MacIver had originally planned to set up a pharmaceutical distribution site at Drugs.com. Internet start-up incubator Venture Frogs bought the domain and is now running a drugs and pharmacy portal from there.
(Source of this article: http://www.active-domain.com/resources/million-dollar-domains.htm)