View previous topic | View next topic

Domains

Page 1 of 1

eggshaped
60076.  Wed Mar 15, 2006 12:46 pm Reply with quote

Question: What is the most expensive ever web domain name?

Answer: Predictably enough sex.com.

Notes:
According to the Guinness Book of Records, the most money ever forked out for a domain name is $7.5million, for business.com, which American entrepreneur Marc Ostrofsky bought in 1996 for $150,000* - however predictably enough this has recently been trumped and predictably again the new record holder is something altogether less savoury. Sex.com was sold in January 2006 for $14.

Domain names have become big business in recent years, the tiny island of Tuvalu in the Pacific Ocean had two main industries before the information boom, most inhabitants worked either as fishermen or travelled to neighbouring Nuaru to mine bird poo, in the form of phosphates. However the country recently sold its .tv domain to a Canadian internet firm, and so the islandís main source of income is now collecting royalties for every website which ends in .tv.

There are over 50,000 possible 3-character .com domain names (counting a-z, 0-9 and the "-" character). Every one of these has long since been registered, and Every single "all a's" domain name from a.com to aaa..aaa.com (63 characters) has been registered!

Experts exchange, an IT technical support website, is one of a number of sites which has had to slightly amend its web address after it realised that the convention of writing domain names without spaces left it with slightly rude connotations. When written in full it has slightly different connotations:
expertsexchange.com.

Experts exchange soon decided to add a hyphen to its domain name, and similarly Mole Station Nursery, a garden centre in New South Wales decided to change its name to molerivernursery.com for obvious reasons. Whorepresents.com and Therapistfinder.com could do with taking a page out of their book.


http://www.snopes.com/business/names/powergen.asp
http://news.bbc.co.uk/1/hi/sci/tech/1067065.stm
massive url
http://en.wikipedia.org/wiki/Gary_Kremen
http://www.igoldrush.com/feat001.htm

*on the back of this $7.5 million purchase, eCompanies, promptly went out and secured over $60 million in venture capital funding

 
Beep
189650.  Mon Jul 09, 2007 3:40 pm Reply with quote

Quote:
Sex.com was sold in January 2006 for $14.


Is that all??

 
suze
189698.  Mon Jul 09, 2007 6:41 pm Reply with quote

No, the word "million" was omitted there.

The history of sex.com is a complex one, and has been the subject of two court case. A man named Kremen initially registered it, purely as an investment - he didn't set up a site using the name. A man named Cohen then used fraudulent means to convince the registrars that Kremen had given it to him, and set up an adult site using the URL.

Kremen went to law, and is ultimately believed to have been awarded something in the region of $65 million off Cohen and the registrars who allowed themselves to be fooled by him. (Cohen didn't pay his part, claimed bankruptcy and fled to Mexico - but Kremen hired a detective to find him, and he was ultimately arrested and returned to the US.)

Anyways, Mr Kremen at no time intended to use the URL for an adult site, so he sold it last year for $14 million (or so).

http://www.boingboing.net/2006/01/23/sexcom_sells_for_ove.html

Those registrars were in fact an arm of VeriSign Inc, the American company who rent .tv off the Government of Tuvalu (for a relatively modest $4 million a year).

 

Page 1 of 1

All times are GMT - 5 Hours


Display posts from previous:   

Search Search Forums

Powered by phpBB © 2001, 2002 phpBB Group