Acquisition
One
can acquire domain names through three methods, listed
below in descending order of attractiveness.
Register
expired names
One can easily snap up names that were previously registered
by others, and then become newly available.
Many people buy names from their NIC and never pay,
or else buy and then fail to pay the renewal fee. To
register an expired or new name in .com, .org, or .net,
networksolutions.com charges $35/year, with a requirement
to prepay for the first two years.
A service such as
namebargain.com
will, at no additional cost,
fill out the relevant form with networksolutions.com
and provide the access numbers for the two name servers
that the InterNIC requires.
Registering
expired names is considered preferable to registering
new names, discussed below, because any name registered
in the past is likely to be more valuable than a brand-new
name which someone thinks of and no one else has thought
of.
Register
new names
One can register as many names as he would like, as
quickly as he would like, with the Network Information
Centers responsible for the key domains. The
opportunity for this land grab is primarily international,
but is daily shrinking in size. However, the introduction
of new gTLDs will provide a massive new land grab opportunity.
Buy a name from someone who already registered it
A thriving market exists for already-registered domain
names. Please see our Useful
Links page for a list of brokers with listings
of domains for sale. This market is extremely inefficient,
as shown by tremendous, random, and arbitrary variation
in pricing. GoldNames believes that this inefficiency
provides room for a sophisticated, objective buyer to
find nuggets of value amidst the mountain of names.
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