Support Services:service@dn.com
2024 Dn.com All Rights Reserved
Recently, United Nations Secretary-General António Guterres stated that half of the world's wealth belongs to 26 individuals, with the world's richest person, Jeff Bezos, having a fortune exceeding $100 billion. The combined wealth of these
Recently, United Nations Secretary-General António Guterres stated that half of the world's wealth belongs to 26 individuals, with the world's richest person, Jeff Bezos, having a fortune exceeding $100 billion. The combined wealth of these 26 individuals totals over $1.4 trillion. According to Forbes' 2020 Global Billionaires List, Chinese entrepreneurs such as Jack Ma, Ma Huateng, Xu Jiayin, and Ding Lei are also listed.
The reason these billionaires have amassed such immense wealth is largely due to their proactive actions and precise investment strategies. While securities, equity, and industrial investments are familiar investment methods for many, these tycoons are increasingly favoring an investment avenue that not only generates wealth rapidly but also has the potential for appreciation: domain name investment.
Jack Ma, for example, owns nearly two thousand domain names, including "Alibaba" (alibaba.com), "1688.com," "Taobao" (taobao.com), "Tianmao" (tianmao.com), and others. Ma Huateng holds domains such as QQ.com, Weixin.com ("WeChat"), and We.com ("WE Financial"). Due to the limited availability of domain name resources and the uniqueness of each domain, domains are considered intangible assets with distinctive utility and investment value.
Firstly, domain names have more practical application value compared to other investment products.
Unlike stocks, funds, and other investment products, domain names have real-world applications, making them akin to "real estate" in the internet industry. Whether it's building a PC website or a mature H5 mobile site, a domain name is a necessity for businesses.
For companies, a premium domain name can leave a lasting impression on users, enhance brand image, aid in brand promotion, and save on advertising costs. For instance, the well-known JD.com of JD.com Group was acquired for $30 million, and its use not only ingrained the JD.com brand in people's minds but also enabled more users to directly access the official website via the concise domain name, saving JD.com over a billion yuan in advertising expenses annually.
Moreover, although the scale of mobile internet has surpassed that of traditional PC usage, reliance on third-party platforms, apps, or search keywords introduces potential "instability factors." A domain name is the only internet entry point beyond the control of third-party platforms and search engines.
Secondly, domain names inherently possess value for preservation and investment.
Domain names, as a scarce and non-renewable resource, have become largely occupied since the first .com domain was established in 1985. For instance, there are only 676 two-letter .com domains globally, and just 100 two-digit .com domains worldwide. Rarity commands value, and as the number of high-quality domains available for circulation decreases, their market value naturally rises.
Today, domain names are crucial "resource battlegrounds" that major corporations cannot ignore. Businesses across industries increasingly recognize the importance of domain names and are willing to spend substantial sums acquiring premium domains. In just the first half of this year, there were high-value domain transactions like Perfect World's use of the multimillion-dollar domain 88.com, the $415,000 (approximately ¥2.93 million) sale of 151.com, and the $3,060,000 (approximately ¥21.62 million) transaction for Palace.com.
Domain names, as a virtual asset with intrinsic value, can be used to generate profits through projects or held as investments for appreciation.
For example, in 2014, NetEase acquired the double-spelled domain "考拉" (Kaola.com) for a seven-figure sum and used it to establish the online shopping platform "考拉海购" (Kaola Overseas Shopping). Last year, Alibaba acquired it for $2 billion. Aside from the project's inherent value, the domain itself contributed significantly to its appreciation.
Therefore, the fundamental value of domain names increases with the development of the application market. With a user base and extensive application prospects, domain names exhibit strong potential for value appreciation in the investment sector.
26 Jul 2024 03:41:28 PMIndustry Information
May 29, 2024 - Galxe, the leading on-chain distribution platform for Web3, announced its latest breakthrough, Gravity, with the launch of the domain names Gravity.xyz and G.xyz. a new Layer 1 smart contract platform.The launch of Gravity
26 Jul 2024 09:39:03 AMIndustry Information
At the end of the second quarter of 2024, the total number of registrations in the .com and .net top-level domains in the domain name pool was 170.6 million, a decrease of 1.8 million domain name registrations, or 1.1%, compared to the
25 Jul 2024 03:04:12 PMIndustry Information
Generally speaking three letter domain names are more popular than other long word domain names, especially three letter and word domain names, such as: PDF.ai. Just recently, the domain name PDF.ai was used by its founder, Chen, for an
25 Jul 2024 10:58:22 AMIndustry Information
In the latest domain name dispute resolution case, LEGO Juris A/S has successfully transferred ownership of the disputed domain name lego.box to itself. The case was handled by the World Intellectual Property Organization (WIPO)
Factory Mutual Insurance Company (FM Global), a Fortune 500 U.S.-based commercial property insurance company, recently acquired the scarce two-letter domain name FM.com for $10 million for branding upgrades. The company's previous domain
Industry Information 24 Jul 2024 05:44:35 PM
Recently, with GoDaddy's restructuring following its acquisitions of Uniregistry and Dan.com, the company made significant changes to the fee policy of its domain trading platform, Afternic. Under the new policy, if a domain name is sold
Industry Information 24 Jul 2024 11:44:23 AM
In a dispute over the domain name Babista.com, the Complainant claimed rights to the trademark “BABISTA” and accused Respondent PTB Media Ltd of registering and using the domain name in bad faith. However, after reviewing the evidence,
Industry Information 22 Jul 2024 11:51:36 AM
Recently, an organization called URLAbuse claimed that they had reported the .TOP top-level domain registry to ICANN for failing to effectively handle cyber abuse. According to the report, ICANN issued a warning to the .TOP registry stating
Industry Information 19 Jul 2024 02:25:37 PM
In a recent Internet dispute resolution process, Eisco Scientific LLC was unsuccessful in obtaining the domain name Eisco.com from its domain name registrant, Hexuan Cai, in a dispute stemming from Eisco Scientific's claim that the domain
Industry Information 19 Jul 2024 09:52:58 AM
UKTV, a company that operates a number of basic cable television stations in the United Kingdom, has changed its name to U and is currently using u.co.uk as its primary target domain..co.uk is the country top-level domain (ccTLD) for the
Industry Information 18 Jul 2024 04:26:54 PM