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Domain parking is the registration of an Internet domain name without that domain being associated with any services such as e-mail or a website. This may have been done with a view to reserving the domain name for future development, and to protect against the possibility of cybersquatting .
As of 2010, the retail cost generally ranges from a low of about $7.50 per year to about $35 per year for a simple domain registration, although registrars often drop the price far lower – sometimes even free – when ordered with other products. The maximum period of registration for a domain name is 10 years.
Bodis, a domain parking company, acquired NamePros in January, 2012. Speculation circulating around blogs and other communities point to a sale price in the range of $200,000 to $300,000 USD . Rumors of the sale began as early as January 11.
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As the internet expanded in the early 1990s, becoming more commercial and international, the US government decided it could no longer provide domain name management free of charge. [2] From 1991 to 1999, Network Solutions Inc. (NSI) operated the registries for the .com, .net, and .org top-level domains (TLDs).
GoDaddy Inc. is an American publicly traded Internet domain registry, domain registrar and web hosting company [3] headquartered in Tempe, Arizona, and incorporated in Delaware. [4] As of 2023, GoDaddy is the world's fifth largest web host by market share, [5] [6] with over 62 million registered domains. [7]
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