China’s domain investors were apparently looking for a sure, stable investment in domain names and the explosive growth of “Chips” – four letter domains that exclude vowels and the letter “V” – somehow appeared to meet all the criteria of a money-maker.
Let’s see who has benefited so far from the gaming of the domain chips market – which started in China by a fund with money to spare:
Those Chinese fund managers made the most money out of the game, by pumping the value of assets that appreciated almost overnight. Then there those acting on insider information who bought at various levels of increasing value, and flipped their acquisitions, sometimes more than once. Lastly, there are those domain investors who sold at the peak of the market, anticipating the market’s correction and cashed in their chips.
Source: Domain Gang
Let’s see who has benefited so far from the gaming of the domain chips market – which started in China by a fund with money to spare:
Those Chinese fund managers made the most money out of the game, by pumping the value of assets that appreciated almost overnight. Then there those acting on insider information who bought at various levels of increasing value, and flipped their acquisitions, sometimes more than once. Lastly, there are those domain investors who sold at the peak of the market, anticipating the market’s correction and cashed in their chips.
Source: Domain Gang
