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May 20, 2007

Comments

Jeff M

Two korean idns (Cellular phone) went for $37,000 and $42,000 today

http://www.idnforums.com/forums/11190-a-fierce-battle-is-raging-on-snapnames-for-2-korean-idns.html

Jeff M

comments on this sale frank? :-)

Care to buy our names now ? heheheh

***FS*** I'm sticking with ASCII names for the time being. That certainly isn't an indictment of IDNs. I wish the new registrant well. To me this just shows how much opportunity is left in the secondary market.. it's the wild-west out there.

David Wrixon (aka Rubber Duck)

Actually it probably not as risky as most people think. If you try to sell a domain at IDNForums with a dodgy translation, the chances that you will not be pulled up by one of the native speakers there is virtually nil.

At Dnlocal, we are attempting to launch an auction format where the responsibility of providing a description/translation is taken out the hands of the seller and placed with an independent third party. We feel that ultimately this is the way forward, if we are going to achieve the widest investor support.

David Wrixon (aka Rubber Duck)

By my calculation one of those is in the Top 10 Snapnames YTD.

That is in domaining terms about the equivalent of nought to 120mph in 4.2 seconds.

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