OzDomainer.com

Thanks to my Aussie Mate Michael Gilmour from Whizzbangsblog.com for making me aware of the article below.

Well there must be a decent shift in Domain Name awareness if it gets reported and talked about by Australian Newspapers.

This week The Sydney Morning Herald had an article entitled “Domain name gold rush hits cyberland” and reports on the ever growing global movement in the domain name buying and selling industry.

Who knows, one day we may see this sign on the front pages of domain name registras if this domain name rush keeps up

Here is a snippet from the article -

THE web addresses businesses and people online call home have spawned the equivalent of a real estate boom in the real world with speculators, appraisers, developers and brokers turning the names typed in navigation bars into hefty profits.

“It is a global, multibillion-dollar industry,” says Peter Lamson, senior vice-president of NameMedia Inc’s domain marketplace in Boston. “Customers need to find your doorstep. A brick-and-mortar business needs an attractive address, and it’s no different online.”

In the 1990s, speculators registered internet domain names on the cheap, often hoping to make a lucrative flip selling them to someone else.