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The most expensive Internet domain name to date, according to Guinness World Records, is business.com which was resold in 1999 for $7.5 million. Another high value domain name, sex.com, was stolen from its rightful owner by means of a forged transfer instruction via fax. During the height of the dot-com era, the domain was earning millions of dollars per month in advertising revenue from the large influx of visitors that arrived daily. Two long-running U.S. lawsuits resulted, one against the thief and one against the domain registrar VeriSign[1]. In one of the cases, Kremen v. Network Solutions, the court found in favor of the plaintiff, leading to an unprecendented ruling that classified domain names as property, granting them the same legal protections. In 1999, Microsoft traded the valuable name Bob.com for the name Windows2000.com which was the name of their new operating system.
One of the reasons for the value of domain names is that even without advertising or marketing, they attract clients seeking services and products who simply type in the generic name. Furthermore, generic domain names such as Rent.com or Books.com are extremely easy for potential customers to remember, increasing the probability that they become repeat customers or regular clients.
Why not start your protfolio of cheap domain names that has the potential to be worth hundred of dollars now! You can start searching for the availability of your desired cheap domain names right here at http://mydomainname101.com |
| Author: Shana Shane |
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Author Bio:
Sinta is a Full Time Adsense Publisher and She Makes her living from Adsense. She is passionate about sharing her Adsense Knowledge. Further information may be obtained from: www.mydomainname101.com/adsense_technique.htm www.mydomainname101.com/Who-Else-Wants-To-Make-Money.htm |
| This article can be searched using: free domain names, register domain names, purchase domain names, buy web domain names |
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