PALM BEACH, FL - In the modern business landscape, owning a premium domain name can be as valuable as holding a prime piece of physical real estate. Just as with prime properties in desirable locations, premium domain names—short, memorable, and industry-specific web addresses—are in limited supply, which drives up their value over time. These digital assets, much like their physical counterparts, are scarce commodities, and their importance has only increased in an era where … [Read more...]
Web Address Sells for $30 Million in Cash; Represents ‘Extraordinary’ Investment
PALM BEACH – A company which many ordinary people (non-industry) have probably never heard of called “MicroStrategy Incorporated” has announced it has sold an Internet web address, Voice.com for $30,000,000.00 in cash. As you can see, that’s a lot of zero’s in that number and represents what many who invest and trade in Internet domain names likely find so exhilarating about it. For those who are not that savvy when it comes to Internet domain names, this a “website … [Read more...]
Attorney Suggests UDRP Process as “Clear Cut”, “Quick” and “Relatively Inexpensive”
NEW YORK, NY – If you’ve been keeping a watchful eye on UDRP cases lately, you’ve likely noticed some real over-reaching land grabs in action, especially those based on three character acronyms, and like me, have been watching is disappointment. I’ve always said that one of the greatest challenges in the domain space in coming years will be growing regulation and corporate theft by those who seek to own the assets of others; assets they did not have foresight to acquire … [Read more...]