A major domain name, Illinois.com, is up for sale to the highest bidder and could mean big revenue for the owner. High-profile domain names, like those featuring the names of states, can fetch a pretty penny for a digital space on the internet.
Illinois.com is what’s known as a geodomain, a domain that identifies a geographic location. Sales of similar domains are often kept private, but several recent sales have been disclosed. LasVegas.com sold for $90 million in 2005, and MyrtleBeach.com sold for $6.5 million in 2010, for instance.
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Illinois.com has been owned for the last decade by Josh Metnick, CEO of Navier Inc.
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