Feeds

$50 million for genetherapies .net?

Domain name sellers lose the plot

  • alert
  • submit to reddit

Build a business case: developing custom apps

Surfers seem to have lost the plot when it comes to trying to cash in on the domain name scramble.

Not only are they snapping up any old domain creation that sports a trademark - auctions this month on eBay included microsoftcriticalupdates.com and microsoftofficeupdates.com - but they also seem to expect to make a mint by pitching any URL with a TLD.

One optimistic seller was asking for $21 million for shoppinggirl.com, and $50 million for the domains genetherapies.net and genetherapies.org. "IF YOU DON'T HAVE A NATURAL BRAND NAME OR A COUPLE HUNDRED MILLION, DON'T BOTHER! The Domain Names "GeneTherapies.net, GeneTherapies.org" Is for sale," screamed the description on eBay. These domains are currently registered to Californian Tom Clark. Unsurprisingly, the auction ended with no bids.

The seller of the Microsoft domains, who called themselves "supermarketing" and pitched the creations at "the discerning businessman", was asking for between $10,000 and $150,000. No-one was willing to stump up the cash, probably just as well as the mighty Microsoft need only to get onto its lawyers or WIPO and the domains would be whipped away before you could say "cybersquatter".

Other blips in reality included the sale of the domain ijhj.com. Touted as a "rare 4-letter .com" - probably so rare that no surfer would ever accidentally find it - it went for the bargain price of $5.51. ®

Related Stories

Big bucks URL is thebusiness(.com)
Mr wembleystadium.net loses domain case
AltaVista shames cybersquatter
Madonna wins her domain namesake

Build a business case: developing custom apps

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
Class war! Wikipedia's workers revolt again
Bourgeois paper-shufflers have 'suspended democracy', sniff unpaid proles
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.