Comments on: The Domains: Domain Truffles http://www.conceptualist.com/2007/12/06/the-domains-domain-truffles/ Fri, 19 Mar 2010 14:28:11 +0000 http://wordpress.org/?v=2.3.3 By: Phil http://www.conceptualist.com/2007/12/06/the-domains-domain-truffles/#comment-3586 Phil Thu, 06 Dec 2007 23:59:48 +0000 http://www.conceptualist.com/2007/12/06/the-domains-domain-truffles/#comment-3586 I remember an accounting prof i had in college said there are only two things to describe something as in business: 1-Asset 2-Liability I remember an accounting prof i had in college said there are only two things to describe something as in business:
1-Asset
2-Liability

]]> By: Robert Fontaine http://www.conceptualist.com/2007/12/06/the-domains-domain-truffles/#comment-3581 Robert Fontaine Thu, 06 Dec 2007 21:57:41 +0000 http://www.conceptualist.com/2007/12/06/the-domains-domain-truffles/#comment-3581 Ahh, but I respectfully disagree (very respectfully). As todays market will attest, there is limited demand yet also a limited amount of real estate. Domains have much of the same characteristics as real estate. Short .coms are similar to waterfront property, there is a limited number of each. While condos may look like one another so too does BBBBBBBBLogs.com looks like BBBBBBBBBLogs.com (admit it, you counted the "B"s). The vast majority of real estate may not be special (unless it's your's, also similar to a domain) but neither are the majority of available domains, not to mention the registered ones. Dont get me wrong, i'm a real estate broker and domainer. I think were are at an incredibly unique place in time, like when the car or phone was invented, and opportunities are endless. There are many REAL good domains that have "nothing" content, and there are some otherwise irrelevant ones that have made fortunes (Google).. The magic of the net is not the domain name per se', it is what we do with it. Sure, type in traffic helps many make money, and having a name the defines what you offer is very important. In real estate "under all there is land", on the net, "content is king". The web itself is the land, the domain is the address, and content is what you build on it. How many great Chineese names are unregistered because most of us dont understand the language of the most populous country in the world. Do those name not have value because we dont understand them? Are sites operating in those languages not as worthy because they are not english .coms? I dont think so. Actually, I see domains and real estate both as commodiities.. supply, demand. What goes up.. same thing happened to the real estate market. What would happen if the "rest" of the world controlled ICANN and convinced tomorrow's net users that .world was the primary extension? And the others refused to allow ".com" to resolve on their platforms. Sorry for rambling, but I have many, many hours interspecting on domains and how they equate to real estate. Some who view this blog know that I see the future of the domain space as "condos", which I explain at condomains.com... My buddy owns a Nolan Ryan Rookie card, it's gone from $2,400 to $500 in value, he tells me. A good baseball card is a nice collectable to hold onto. But what a shame if we collected all the good domains, instead of letting them grow to become the quality content of the internet that we all should aspire to enjoy. Would we really want a few players to acquire all the good names, just to hold onto to them. The magic in it all is that we dont know where it's all going, but at the same time, we know it is. Alright, i'm shut off. Happy Holidays all. Ahh, but I respectfully disagree (very respectfully). As todays market will attest, there is limited demand yet also a limited amount of real estate. Domains have much of the same characteristics as real estate. Short .coms are similar to waterfront property, there is a limited number of each. While condos may look like one another so too does BBBBBBBBLogs.com looks like BBBBBBBBBLogs.com (admit it, you counted the “B”s). The vast majority of real estate may not be special (unless it’s your’s, also similar to a domain) but neither are the majority of available domains, not to mention the registered ones. Dont get me wrong, i’m a real estate broker and domainer. I think were are at an incredibly unique place in time, like when the car or phone was invented, and opportunities are endless. There are many REAL good domains that have “nothing” content, and there are some otherwise irrelevant ones that have made fortunes (Google).. The magic of the net is not the domain name per se’, it is what we do with it. Sure, type in traffic helps many make money, and having a name the defines what you offer is very important. In real estate “under all there is land”, on the net, “content is king”. The web itself is the land, the domain is the address, and content is what you build on it. How many great Chineese names are unregistered because most of us dont understand the language of the most populous country in the world. Do those name not have value because we dont understand them? Are sites operating in those languages not as worthy because they are not english .coms? I dont think so. Actually, I see domains and real estate both as commodiities.. supply, demand. What goes up.. same thing happened to the real estate market. What would happen if the “rest” of the world controlled ICANN and convinced tomorrow’s net users that .world was the primary extension? And the others refused to allow “.com” to resolve on their platforms. Sorry for rambling, but I have many, many hours interspecting on domains and how they equate to real estate. Some who view this blog know that I see the future of the domain space as “condos”, which I explain at condomains.com… My buddy owns a Nolan Ryan Rookie card, it’s gone from $2,400 to $500 in value, he tells me. A good baseball card is a nice collectable to hold onto. But what a shame if we collected all the good domains, instead of letting them grow to become the quality content of the internet that we all should aspire to enjoy. Would we really want a few players to acquire all the good names, just to hold onto to them. The magic in it all is that we dont know where it’s all going, but at the same time, we know it is. Alright, i’m shut off. Happy Holidays all.

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