The first $1mn IDN?...

[touchring]

Originally Posted by Explorer

I agree that PPC is just one tool of many to value a domain. I am just pointing out that PPC-based valuation should put some floor on the price.

Yes, every domain has an intrinsic value, maybe one thousand or even twenty thousand, but now we are talking about one million!

[idnowner]

Originally Posted by Giant

After everything is ready, I think IDN will worth 1/2 - 1/5 of the value of ASCII domains depending on the language.

If IDN.IDN (DNAME) is implemented, I would not be surprised if the price of some IDNs exceed the ASCII versions, considering that businesspeople (in, say, Japan) may have a different perception of value.... Consider the American mentality, where so many people expect something for free, or cheap.

[idn1234]

Originally Posted by touchring

Yes, every domain has an intrinsic value, maybe one thousand or even twenty thousand, but now we are talking about one million!

I think a million is a good number to focus on and
I reckon we could see the first $1mn IDN sale within
the next year or 18 months. Some of you will disagree,
and that's just fine.

Traffic/revenue has always, traditionally, been very
important to a valuation, but intrinsic value (in some
cases, depending on what the name is) could IMO be
anything up to 99% of an IDN's perceived value.

So lets hear a few names and, if you are lucky enough
to have IDN's with traffic already, share the name/s
with us (incl. stats) and we can all consider what will
be a $1mn domain...

[thegenius1]

Please Read the Whole thing witch can be found at the link below so nothing can be taken out of context.

Also note this is From 1997 the last millenium , But people are saying we are operating around this time with IDN's so i think it might be kinda relevant showing the early vision.

http://web.archive.org/web/199704100...com/faq.htm#t1

Originally Posted by From a Q/A with Edwin

So, domain names will make me rich?
No. These high-price sales are the tip of a very large iceberg. Most transactions take place somewhere in the depths of the 'berg, well below the water line. You may make some money if you pick a good domain name, but you are not going to get rich by selling domain names. There's more potential in leveraging domain names into another business, like starting a mailing service such as "MailBank" or "VanityWeb", or becoming a domain name broker.

It is possible to make good money out of domain names. But don't approach them as a get-rich-quick scheme; that kind of luck only happens to a few people.

And I do agree with you but the thing is IDNers are those FEW people , Because we have the knowledge witch many lacked early in the Domain Game and we were given a opportuninty to Go " Back To the Future " and utilize it to pick up " Million Dollar Names "

[Giant]

Originally Posted by idnowner

If IDN.IDN (DNAME) is implemented, I would not be surprised if the price of some IDNs exceed the ASCII versions, considering that businesspeople (in, say, Japan) may have a different perception of value.... Consider the American mentality, where so many people expect something for free, or cheap.

I agree, I just tried to be a bit conservative.

[touchring]

Originally Posted by idn1234

I think a million is a good number to focus on and
I reckon we could see the first $1mn IDN sale within
the next year or 18 months. Some of you will disagree,
and that's just fine.

Traffic/revenue has always, traditionally, been very
important to a valuation, but intrinsic value (in some
cases, depending on what the name is) could IMO be
anything up to 99% of an IDN's perceived value.

So lets hear a few names and, if you are lucky enough
to have IDN's with traffic already, share the name/s
with us (incl. stats) and we can all consider what will
be a $1mn domain...

I guess, it's the timeline that we can't agree on. $1mln in 18 mths or in 5 years. The likelihood of it happening in 5 years is higher.

[alpha]

Originally Posted by thegenius1

Please Read the Whole thing witch can be found at the link below so nothing can be taken out of context.

Also note this is From 1997 the last millenium , But people are saying we are operating around this time with IDN's so i think it might be kinda relevant showing the early vision.

http://web.archive.org/web/199704100...com/faq.htm#t1



And I do agree with you but the thing is IDNers are those FEW people , Because we have the knowledge witch many lacked early in the Domain Game and we were given a opportuninty to Go " Back To the Future " and utilize it to pick up " Million Dollar Names "

Genius, that ill fated quote from Edwin has been dug up before and he has defended it before simply as being his vision at the time, which was before the huge sales of business and sex sold - it was a very different world back then.

[thegenius1]

Originally Posted by Alphamale

Genius, that ill fated quote from Edwin has been dug up before and he has defended it before simply as being his vision at the time, which was before the huge sales of business and sex sold - it was a very different world back then.

Originally Posted by Genius

And I do agree with you but the thing is IDNers are those FEW people , Because we have the knowledge witch many lacked early in the Domain Game and we were given a opportuninty to Go " Back To the Future " and utilize it to pick up " Million Dollar Names "

My point was the groundwork is layed , and that Resale should not be determained by PPC like in my other post , Im saying that i think we are in the class of the Few people that managed to bag some good names like the asciier back then, But alot of other people know and have stated that a domains value is not soley determained by PPC , there is end users , there are developers , there are people that collect , there are people with " Pride " ..... those things are not minor and should not be ruled out

Originally Posted by Edwin

I don't think you'll ever see a $1 million IDN sale.

The names without traffic aren't ever going to reach that high, and those with tons of juicy traffic (post-adoption, post IE7 etc.) are going to be making so much money at that point that their owners won't sell - period.

[Explorer]

Originally Posted by thegenius1

asciier

is that a new term? :-)

[thegenius1]

Originally Posted by Explorer

is that a new term? :-)

Asciier.com: Available


Grab it Quick , we can make fun of them on this Site

[Explorer]

Originally Posted by thegenius1

Asciier.com: Available


Grab it Quick , we can make fun of them on this Site

I don't grab domains I can't pronounce :-) lol

[sarcle]

Originally Posted by Alphamale

Genius, that ill fated quote from Edwin has been dug up before and he has defended it before simply as being his vision at the time, which was before the huge sales of business and sex sold - it was a very different world back then.

Which is exactly why he should see the redundancy of the statement and how short-sighted it actually is.

[Drewbert]

Logic dictates that if latin alphabet using governments are willing to pay $1 million for the .com of their country name, then non-latin governments could well do the same. Especially the Arabic ones that have more USD than they know what to do with.

[idn1234]

Originally Posted by Drewbert

Logic dictates that if latin alphabet using governments are willing to pay $1 million for the .com of their country name, then non-latin governments could well do the same. Especially the Arabic ones that have more USD than they know what to do with.

It's not inconceivable that the first $1mn IDN will
be a Chinese name. After all, if we are looking at
China's population (over a billion people, and over
5 times the size of the US population) then a $1mn
sale is not so hard to imagine...

Of course, China is a relatively poor country (in
comparison to western nations) but factors such
as the 'mindset' of its citizens is also an important
(and probably beneficial) consideration.

Terms like 'sex' won't go down too well over there
'though, but anything game-related could be a winner.

Hong Kong is also a possibility; HK has the highest
concentration of billionaires in the world, and I read
recently that someone over there just spent $250K
on a (poor combination, but lucky-ish) car number
plate, so anything is possible...

I don't see IDN as 'sketchy' at all, it most definitely
is going to happen in a big way and some people
will make a lot of money.

I remember emailing Rick Schwartz a couple of years
ago, about IDN, and he replied saying he wasn't keen;
I think his exact words were "it's a dotcom world!" -
maybe he misunderstood, but he saw what no one
else did back in the early nineties - with ascii doms,
and you guys are seeing what v.few have now with
IDN - history repeats itself, and i'll never fathom why
more diehard ascii fans didn't make the connection.

My money is on é.com for the million; it can be typed
just about everywhere, has no symbol probs, and is
as near to an ascii single letter as you're ever going
to get.

[idnowner]

Originally Posted by idn1234

My money is on é.com for the million

To be honest, I'd rather it be í.com.

[touchring]

Originally Posted by idn1234

It's not inconceivable that the first $1mn IDN will
be a Chinese name. After all, if we are looking at
China's population (over a billion people, and over
5 times the size of the US population) then a $1mn
sale is not so hard to imagine...

Of course, China is a relatively poor country (in
comparison to western nations) but factors such
as the 'mindset' of its citizens is also an important
(and probably beneficial) consideration.

Terms like 'sex' won't go down too well over there
'though, but anything game-related could be a winner.

Hong Kong is also a possibility; HK has the highest
concentration of billionaires in the world, and I read
recently that someone over there just spent $250K
on a (poor combination, but lucky-ish) car number
plate, so anything is possible...

I don't see IDN as 'sketchy' at all, it most definitely
is going to happen in a big way and some people
will make a lot of money.

I remember emailing Rick Schwartz a couple of years
ago, about IDN, and he replied saying he wasn't keen;
I think his exact words were "it's a dotcom world!" -
maybe he misunderstood, but he saw what no one
else did back in the early nineties - with ascii doms,
and you guys are seeing what v.few have now with
IDN - history repeats itself, and i'll never fathom why
more diehard ascii fans didn't make the connection.

My money is on é.com for the million; it can be typed
just about everywhere, has no symbol probs, and is
as near to an ascii single letter as you're ever going
to get.

Rick Schwartz, that's strange, i think i saw him post on Domainstate. I'll be very keen to know what his views are.

As for the 1 million, it would probably be a country or big company that comes out with that money.

[idn1234]

Originally Posted by touchring

Rick Schwartz, that's strange, i think i saw him post on Domainstate. I'll be very keen to know what his views are.

Yes, I would like to know too, but I don't think
he's the type to change his mind!.. Maybe if
someone here knows him they could invite
him over? - whatever his views it would be
good to have someone like him ' thinking out
of the box' and contributing to this forum.

[Explorer]

Originally Posted by touchring

As for the 1 million, it would probably be a country or big company that comes out with that money.

My money's on a (big consumer product item).com

[Drewbert]

Originally Posted by Explorer

My money's on a (big consumer product item).com

woooh. camera.com in chinese maybe?

[sarcle]

This talk makes me think of many of the short sighted quotes in history.


"640K ought to be enough for anybody."
-- Bill Gates, CEO and founder of Microsoft and world's wealthiest man, 1981


"There is no reason anyone would want a computer in their home."
-- Ken Olson, president, chairman and founder of Digital Equipment Corp. (DEC), maker of big business mainframe computers, arguing against the PC,
1977


"Transmission of documents via telephone wires is possible in principle, but the apparatus required is so expensive that it will never become
a practical proposition."
-- Dennis Gabor, British physicist and author of Inventing the Future, 1962


"Computers in the future may weigh no more than 1.5 tons."
-- Popular Mechanics, "predicting" the relentless march of technology, 1949


"The radio craze will die out in time."
-- Thomas Edison, American inventor, 1922