I’ve been a central figure in a recent website development project – DomainMasters™. We flicked the switch and made it live last night, and yes, on time and on budget.
This has been a project brewing for a few years, and actively ever since we set up WDANZ in fact and it’s been a hoot seeing it come to fruition. The website is a portal – servicing the .nz Domain Name aftermarket. Put simply it is a Domain Name listing service, where Domain Name investors (Domainers) can list the Domain Names they have for sale. Appraisals and other services will come along in due course.
Domaining (as it is called in the industry) is a funny business. It suits only spome people but can be a real fun business for others – like me. Most people in the IT industry have a few good names tucked away but up until now, there has been nowhere decent to list them. If we do things properly Domainmasters™ will build the acceptance of Dmaining and help mainstream the sale and purchase of good used Domain Names.
I got started in 1999, picking up a few good names in the early years of the Internet, and built systems around securing good generic names. I sold my portfolio a while back but still sell Domain Names on commission and am active in the domaining world.
I think WDANZ has a real opportunity to make a difference with DomainMasters. It will help our members. It will help the Domaining community and will help the hundreds, probably many thousands of smaller investors list and turnover their stock. It’s worked well for the overseas dot-COM markets, so I’m really looking forward to taking DomainMasters™ to the next level.
At launch we had 3681 listings, with a total asking price of $16 million and a realistic value more like $11 million. As more Domainers come aboard, I would expect the numbers to double and when marketing kicks in (in the new year) we’re all thinking that there should be really good numbers listed before long.
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