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How to make lots of money from the InternetTuvalu can't believe its luck. We can't believe TuvaluPublished Wednesday 13th September 2000 12:30 GMT It's one of the world's smallest and most isolated independent nations, it was known as the Ellice Islands when the British Empire was in full flow and it's now called Tuvalu, which means "cluster of eight" even though there are actually nine islands. It is also the lucky owner of the ".tv" domain name, which, as you can imagine, is a bonus. This is a class island (see below for the top ten Tuvalu facts) and its national income (previously stemming from sex lines) has doubled thanks to the Internet. In 1998, the 12-member parliament decided to outsource the marketing of .tv names to a Canadian firm, titled The .TV Corporation. It paid Tuvalu $60,000 and set about selling domain names for $1,000 for the first year and $500 a year thereafter. This approach didn't prove too popular and the boys on Funafuti, the main island in the group, pulled the plug. However things are looking up and Tuvalu has just received a $15 million lump sum from the Silicon Valley company now in charge of marketing their .TV domaion name. It used the money to pay the fees to join the United Nations. The marketing is a little more professional this time and you can buy the URL outright in the same way as everywhere else in the world. Mind you, it'll cost yer $100,000 if you want www.free.tv, www.china.tv or www.net.tv. There's also a marked difference between the sites run by the marketing company (which has the very tasty URL www.tv) and the Tuvalu government at www.tuvalu.tv. Which just goes to show that while Western companies continue to flush billions of pounds down the Web toilet every year, it's the small people that are benefiting. ® Tuvalu's top ten facts*
* Extracted from the South Pacific Handbook Related Story
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