Article About Company Looking to Cash In on the New gTLD's

[TestCase]

UPDATE - I see that Ben42 started a thread on this same article just a few minutes before I posted it (I really have to learn to type faster) - http://www.namepros.com/domain-name-discussion/759529-huge-money-invested-in-brand-domains.html

Please continue any comments on this topic there so as not to have two threads splitting the discussion.

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Article on CNN.com today about a company looking to cash in on the new gLTD's.
http://money.cnn.com/2012/06/05/technology/donuts-domains-funding/index.htm

Internet addresses are about to expand way past .com and .org, to .whatever you can imagine. With this massive expansion comes a big business opportunity -- and one startup hopes to cash in.

Donuts, a web registry founded in 2011, has raised more than $100 million from investors. Its goal is to obtain and operate 307 new "dot-brand" suffixes...

...Schindler and his co-founders started Donuts last year expressly to take advantage of the opportunity. The company started with a list of 3,000 potential domains, he says.

"We made a long list of dictionary terms, in multiple languages and character sets," Schindler says. "We created our own proprietary way of valuing the [gTLDs], and that helped us narrow it down. But 307 is still a lot, obviously."...

 

[biggie]

no money will be made, unless you guys register some of those names.

can't wait to register www.juicy.hamburger or www.hotdogwith.onions

 

[TestCase]

no money will be made, unless you guys register some of those names.

can't wait to register www.juicy.hamburger or www.hotdogwith.onions

:lol:

Oh great! Now you've got me thinking about domains AND how hungry I am...

 

[DEFLECTED]

no money will be made, unless you guys register some of those names.

I agree, domainers have to stop believing in investing in the next big extension, they were the main reason .CO made lots of cash for such a crap product ...you can't even give them away on Ebay now.

 

[rball7]

They will be hugely valuable. For example if you are a plumber in Tokyo, why wouldn't you want plumber.tokyo - magic.

Or ideas.business
worldcup.soccer