Domain Name Flipping
July 4th, 2009 by
The first come first served philosophy behind the domain name system, has resulted in the creation of a marketplace. Those people who are the first to identify a valuable domain name, can register it for just a few dollars, and potentially resell it (”flip it”) for a much higher price, making a hefty profit. In some cases, although these are exceptional cases, domain names have been resold for hundreds of thousands of dollars.
Source:Domain Name Flipping
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