news Franks Schilling sells LLLL .coms for $3,000,000

[RU]

Frank Schilling just announced he has sold over 2,000 4 letter .com domain names for $3 million dollars.

There are 1 million six-number names, 100,000 five-numbers, 10,000 four-numbers and just 110 three, two and one numbers .. An entire namespace contains just over 1.1 million names containing numbers (6 characters and under) and at low prices these have all been purchased for arbitrage against future sales.

Investors have realized that at $8.50 per name and entire namespace can be registered for just $13,470,000 per year, with sales activity from the entirety of a space eclipsing the cost to maintain the space.

.com and .net spaces are nearly exhausted of these short and international combinations and now, speculators are moving to lower priced new GTLDs.

Read more: http://www.thedomains.com/2015/11/13/franks-schilling-sells-2000-4-letter-com-for-3-million-dollars/

 

[Nick]

555 in Thai is not really a lucky number, it simply is used for laughing out loud if something is funny..
5 = ha (sound in thai for the number 5).. so 555 turns into "ha ha ha"

just as a hint before someone goes off regging dozens of 555 combos

And in Chinese it's like "wa wa wa", as in crying.