Yep I have had a great idea. The stock exchange would list only
high quality .com domains. People with prime names would
list their name on the exchange and then each name would be divided
into 100 shares. Punters could then bid for the 100 shares say bid for 5 shares at $20, while someone else bids say $30 for 5 shares the price
of the 100 shares will be set at the minimum to clear the market ie sell all
100 shares. The holder of the domain should get a realistic market
price but will not do so well if the sale flops but might do very well if demand is high.
The domain holder would the get the cash on the 100 shares less a 10% handling fee to the exchange. Thereafter each week people can buy and sell their shares with the exchange marking up prices if buyers exceed seller and marking down prices if sellers exceed buyer in the share. The exchange taking a 10% commission from both buyer and seller of shares.
A domain could be taken over if anyone bids for all 100 shares (or the remaining part thereof) at a 30% premium to the weekly prevailing price and then own the domain outright so it can be delisted from the exchange.
Anyone got the programmng skills to set this up then pm me!
high quality .com domains. People with prime names would
list their name on the exchange and then each name would be divided
into 100 shares. Punters could then bid for the 100 shares say bid for 5 shares at $20, while someone else bids say $30 for 5 shares the price
of the 100 shares will be set at the minimum to clear the market ie sell all
100 shares. The holder of the domain should get a realistic market
price but will not do so well if the sale flops but might do very well if demand is high.
The domain holder would the get the cash on the 100 shares less a 10% handling fee to the exchange. Thereafter each week people can buy and sell their shares with the exchange marking up prices if buyers exceed seller and marking down prices if sellers exceed buyer in the share. The exchange taking a 10% commission from both buyer and seller of shares.
A domain could be taken over if anyone bids for all 100 shares (or the remaining part thereof) at a 30% premium to the weekly prevailing price and then own the domain outright so it can be delisted from the exchange.
Anyone got the programmng skills to set this up then pm me!







