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Domain name speculation, popular as domain investing, domain flipping or domaining in professional jargon, [1] is the practice of identifying and registering or acquiring generic Internet domain names as an investment with the intent of selling them later for a profit.
Domain auction sites allow users to search multiple domain names that are listed for sale by owner, and to place bids on the names they want to purchase. As in any auction, the highest bidder wins. The more desirable a domain name, [ 1 ] the higher the winning bid, and auction sites often provide links to escrow agents to facilitate the safe ...
In 1993 the U.S. Department of Commerce, in conjunction with several public and private entities, created InterNIC to maintain a central database that contains all the registered domain names and the associated IP addresses in the U.S. (other countries maintain their own NICs (Network Information Centers) -- there is a link below that discusses Canada's system, for example).
This is a list of domain names that sold for $3 million USD or more. The list is limited to pure domain name and cash-only sales. Sales which included website content or involved equity deals are not listed.
Domain slamming (also known as unauthorized transfers or domain name registration scams) is a scam in which the offending domain name registrar attempts to trick domain owners into switching from their existing registrar to theirs, under the pretense that the customer is simply renewing their subscription to their current registrar.
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