Domain Magnate

Answers.travel Sold for $3.3 million - it was first reported 2 months ago, but recently sprung a more heated discussion in sight of the depressing economy and the ridiculous amount for an unpopular extension.

Naturally this is the biggest (and possibly the only) .travel sale to date. Despite the shocker it appears to be true as was reported by credible sources: businesswire, reuters.

Different explanations were proposed, from a ‘fake sale’ to ‘money laundering’, tax evasion et. But I can add that I’ve seen enough stranger things happen in domaining over the last few years to know that anything is possible. However don’t get your hopes up, good domains are still good and bad is going to remain bad..

Despite the recession in US economy and a certain amount of uncertainty in the domaining market July 08 have been pretty good for me. I had around $50k in sales, with over 2/3 of it being profit. While most sales were private and the buyers preferred to keep them confidential, couple of the top sales are through public auctions so I can mention them here:

Dickinson.com $12K on Bido
Krom.com $5,5k through AfterNic
Harlot.com $5145 on Bido (I owned 50% of this one)

I rarely disclose my earnings and report sales, however I feel this is needed to encourage others to see the hidden opportunities in domaining. What I like most about the industry are the large gaps. Appraisals always range widely and so do auctions and sales, it’s not unusual to see domains being resold for 2x and more shortly after. read more »

.jp domains hit 1 million. No surprising for the world’s second largest economy.

As of March 1 there were 1,003,285 Japanese domain names registered.

More stats here