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The Record Breaking Domain

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Topic: The Record Breaking Domain
Posted By: 808Rider
Subject: The Record Breaking Domain
Date Posted: 18 December 2005 at 4:50am

Not sure if anyone has heard about Andres Kello who is attempting to break the record for most expensive domain name sold in the world. Anyway if interested you can check out an interview that I did with him in Episode #30 of my podcast 808Talk.



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Replies:
Posted By: the boss
Date Posted: 18 December 2005 at 5:58am
i can sell my domain for more value than that.. Wink

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http://www.web2messenger.com/theboss">


Posted By: Bluefrog
Date Posted: 18 December 2005 at 10:24am
There are domains that have sold for more.

And...

The guy is on crack!

I've got your podcast on my iPod, and will listen in the morning... Please tell me that you also think the guy is on crack... Because he's on crack...




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Posted By: 808Rider
Date Posted: 18 December 2005 at 11:52am
Actually I believe the guy will sell it. You definately have to listen to the interview. Also the current recorded record is 7,500,000 for the domain business.com
 
Here is the current record: http://www.guinnessworldrecords.com/content_pages/record.asp?recordid=53433 - http://www.guinnessworldrecords.com/content_pages/record.asp?recordid=53433


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PodcastPUP: http://podcastpup.com - http://podcastpup.com
808Talk: http://808Talk.com - http://808Talk.com
808TTV: http://808Talk.tv - http://808Talk.tv


Posted By: Bluefrog
Date Posted: 18 December 2005 at 4:45pm
I thought Korea.com sold for 50 M. Maybe I confused currencies or mucked up my numbers when I heard it... 


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Posted By: 808Rider
Date Posted: 19 December 2005 at 12:56am
There is a lot of hearsay out there on the net as to how much a domain name has sold for. I have heard that Chicago.com sold for over 8 million USD, but what this guy is trying to break is the record that is recorded in the Guinness Book of World Records. To get listed as an official record holder you must provide 100% proof that you did indeed set or break a record. So maybe the other domain names that you and I have heard, never really sold for that amount, but instead were just hyped up. For business.com who holds the record at 7.5 million USD, to get listed in Guinness as the record, they had to provide clear and tangable proof. So maybe someone else did sell for higher, but for some reason or another they could never prove it. Hope this clears that up.
 
Wink


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PodcastPUP: http://podcastpup.com - http://podcastpup.com
808Talk: http://808Talk.com - http://808Talk.com
808TTV: http://808Talk.tv - http://808Talk.tv


Posted By: zMaestro
Date Posted: 19 December 2005 at 7:36am
This was on Dec. 1999, about 6 years ago...


Posted By: Bluefrog
Date Posted: 19 December 2005 at 7:51am
Well, I listened to the interview on your postcast this morning - and I'm still not convinced that he can sell it for that much. It sounds like a great goal, but honestly... I'm reading 'scam' on the site. He's promising thousands of dollars in payouts, but I don't know where he's getting the money. I really doubt that he's going to get that much in donations.

Anyways... Just skeptical.

But I do like your show Smile ~!


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Posted By: 808Rider
Date Posted: 19 December 2005 at 11:30am
The money he is giving away is all IOU and not real time, meaning that people that are winning money each month are just written down on a list and IF and WHEN he sells the domain then the prize money comes from the sale money of the domain. This is all a way to encourage others to promote his idea because if they do and get someone to buy the domain then they will get their prize money also, but if the domain never sells, no prize money is ever awarded.

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PodcastPUP: http://podcastpup.com - http://podcastpup.com
808Talk: http://808Talk.com - http://808Talk.com
808TTV: http://808Talk.tv - http://808Talk.tv


Posted By: jeffdaro
Date Posted: 22 December 2005 at 5:14am
I agree with bluefrog. This guy is a crack ho.


Posted By: Bluefrog
Date Posted: 22 December 2005 at 8:42am
Originally posted by jeffdaro jeffdaro wrote:

I agree with bluefrog. This guy is a crack ho.


HAHAHAHAHA~!

LOL

Hey! I said he was "ON CRACK" - not that he was prostituting himself for crack~! Subtle difference... Wink




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Posted By: jeffdaro
Date Posted: 22 December 2005 at 2:00pm
I dunno...this sales process...pretty ho'ish you ask me.


Posted By: 808Rider
Date Posted: 31 December 2005 at 12:05am
Hey if you got some Graphic Design skills then check this out.
 
http://www.therecordbreakingdomain.com/merchandising.htm - http://www.therecordbreakingdomain.com/merchandising.htm


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PodcastPUP: http://podcastpup.com - http://podcastpup.com
808Talk: http://808Talk.com - http://808Talk.com
808TTV: http://808Talk.tv - http://808Talk.tv


Posted By: dpyers
Date Posted: 31 December 2005 at 5:37pm
Most expensive domain name acquisitions are done before the company goes public. Once it goes public too many people start asking why you spent so much of their money and couldn't you have spent it better.

Back before the internet boom went bust, Myself and another guy had a company doing due dillegence for venture capitalists - e.g. evaluating the business plan, technologies, architecture, etc. The VC's considered the set-up costs - including acquiring a domain name to be confidential and no one associated with the project could disclose costs. I do know of at least two domain names that cost well over $10 million.

Most companies now put more value on customer base and branding than on a domain name - either buy an existing customer base or put the cah into building your brand.




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Lead me not into temptation... I know the short cut, follow me.


Posted By: michael
Date Posted: 02 January 2006 at 3:13pm
Saw this guy on the news, who, in order to pay for college sold one pixel on his homepage/dollar. Ended up making a million for it. Looks kinda fun
http://milliondollarhomepage.com/ - http://milliondollarhomepage.com/


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Posted By: dpyers
Date Posted: 02 January 2006 at 5:39pm
There's a few other sites around doing the same thing.

You'll also note that all the images are links - often to affiliate programs, and all the places he links to have link-backs to him - plus, everyone who buys a pixel usually links to the page.

Google PageRank = 7

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Lead me not into temptation... I know the short cut, follow me.


Posted By: clownfire
Date Posted: 02 January 2006 at 6:41pm
I don't get these pixel ad pages... it's great and all that you're selling ads but why would people find themselves going to the ad page in the first place. 

Don't get me wrong i respect people making cash from stupid people but there is like zero advertising value long term here. 
 
Also this guy from the record breaking home page has a solid idea but he's got some fatal flaws in his approach.  I work in corporate marketing and obviously only a larger operation will put out that kinda cash for a novelty and they're unliklely to be associated with a project who's main goal is to make an individual rich.  That part of the story makes for bad press and encourages crack pots to come out of the woodwork saying nothing for the fact that shareholders would raise holy hell.  ALSO, while it's good promo for a company (the ROI is debateable) they also make themself a target for every hair brained marketing scheme. 


Posted By: clownfire
Date Posted: 02 January 2006 at 6:43pm
So yes... on crack.


Posted By: dpyers
Date Posted: 14 January 2006 at 5:36am
Looks like he made it
http://www.milliondollarhomepage.com/blog.php - http://www.milliondollarhomepage.com/blog.php


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Lead me not into temptation... I know the short cut, follow me.


Posted By: dpyers
Date Posted: 19 January 2006 at 2:03am
Apparently the million dollar home page is under some severe DOS attacks. http://www.infoworld.com/article/06/01/13/73909_HNattacksonadpage_1.html - http://www.infoworld.com/article/06/01/13/73909_HNattacksonadpage_1.html
Kind of sad that there's so many people in the world that seem to feel that their purpose in life is to rain on someones parade.


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Lead me not into temptation... I know the short cut, follow me.


Posted By: Gullanian
Date Posted: 19 January 2006 at 9:43am
Yeah it's a shame people put their energies towards something destructive when they have the intelliegence to do something productive.


Posted By: Bluefrog
Date Posted: 20 January 2006 at 3:30am
Now, for a real domain that just sold...

SEX.COM

http://www.theregister.com/2006/01/19/domain_sold/ - http://www.theregister.com/2006/01/19/domain_sold/

As usual, all the best news is at The Register LOL


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