Mobifun’s Weblog

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Most Expensive Web Addresses auction

According to fobes magazine the highest domain name bought ever are Creditcheck.com who fetched $3 million and Seniors.com nabbed $1.8 million..

The action took place last week at the domain name auction, hosted by Moniker.com at the Grand Hyatt hotel in New York.

But why are they so expensive ??? are they any kind of brand names ?? no !! remeber that domain name are now bought as anadvertising tools rather beinga brand name. In theory, your Web site could simply list a bunch of URLs leading to other sites that do sell paper cups; every time someone clicks one of those links, you collect a royalty–just as Google does with its AdWords service. Social networks like News Corp.’s (nyse: NWSnews people ) MySpace and Facebook operate on this same ad-based principle.

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June 29, 2007 - Posted by | forbes

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