Feb 04

.Tel: The New Domain Name Extension

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Depending on what type of domain name you are looking for, chances are you will have a hard time landing the .com or .net extensions. Most of them have been taken already and while we have seen other domain name extensions used like .org and .biz, they too are running out.

Welcome then the next domain name extension to be made available, the .tel. Easyspace, one of the largest web hosting and domain name providers in the UK, has added the highly anticipated .TEL domain extension to its portfolio.

“This is the third high profile domain extension we’ve launched in the recent past, instantly increasing the variety of domain extension alternatives available to customers. With .Tel being open to absolutely everyone on a first-come first-serve basis at a premium price, we expect that its popularity will only grow in strength over the coming month” comments Errol Vanderhorst, Sales and Marketing Director for Easyspace.

(Source) Easyspace

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Jan 24

domains.forprofit.com

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LA Times sent a reporter to DomainFest, the annual get together of domain name speculators, brokers and developers.

Two of the biggest practitioners, Oversee.net and Demand Media Inc., are based in the Los Angeles area and have collectively received more than $450 million in venture capital investment to fuel domain name buying sprees.

The bidding paddles flew Tuesday and Wednesday in the hotel ballroom at DomainFest. Individual speculators and deep-pocketed companies snapped up domains such as Porn.net for $400,000, Bookmarks.com for $300,000, Alimony.com for $75,000, Butcher.com for $50,000 and Satinpanties for $10,000.

The more than 600 people who paid as much as $995 to attend the conference also got to hear from one of the “domainer” idols: college dropout Frank Schilling of the Cayman Islands, who started buying Internet addresses with credit cards and eventually amassed 300,000 addresses valued by some would-be buyers at more than $100 million.

Schilling works out of his beach house, where he watches what was until recently the largest TV in the world, and clears about $20 million a year from sites as varied as Homeforeclosure.com and Crosswordpuzzles.com.

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