2. CONTENTS
3 FUND STRUCTURE AND OBJECTIVES
4 DOMAIN MARKET
5 DOMAIN-MARKET – DOMAIN PURCHASE AND SALE
6 DOMAIN-MARKET - PURCHASING PROCESS
7 DOMAIN AND WEBSITES MARKET
8 DOMAIN MARKET - EVALUATION COMPONENTS
9 FOUR LESSONS ON DOMAINS
10 INCOME STREAMS - PARKING
11 SOURCES OF INCOME- DEVELOPMENT OF COMPLEX SITES
12 SOURCES OF INCOME- TRANSACTIONS
13 FOCUS OF INVESTMENT I
14 FOCUS OF INVESTMENT II
15 INVESTMENT - RISK MANAGEMENT
16 EXAMPLES OF SUCCESSFUL DOMAIN DEVELOPERS - PRIVATE COMPANIES
17 MANAGEMENT
18 DDF‘s Competitive Advantage I
19 DDF‘s Competitive Advantage II
20 PERFORMANCE - DOMAIN DEVELOPERS FUND
21 The liquidity of the domain market
22 Major Risks Factors
23 Targets of DDF in size and capacity
24 DDF cooperation with developers, translators, SEO`s
25 Appendix
26 DDF Parking & Arbitrage Revenues
27 Example Traffic Portfolio 1
28 Global Online Advertising Revenues ($ in mil.)
29 Current offers by Brokers and on Markets
30 Historical Deals in Domain names
31 Historical Deals in Websites
32 MORE SOURCES OF INFORMATION
3. FUND STRUCTURE AND OBJECTIVES
Alternative asset class with high diversification
• The Domain Developers Fund is the only open publicly quoted investment fund
investing in domain names
• The fund's business model is strongly diversified both in its sourcing model and its
generation of revenues.
• Domains are purchased both through initial registration and purchase from third parties
Revenues are generated by:
Traffic Portfolios by Domain Parking generating continuous advertising revenues
Developed web sites in order to increase ad revenues and generate
recurring fees.
Domain and Development sales to third parties
• The Internet advertising market relevant for the fund's development will continue to grow
by 15-20% per year1.
1 Source: Zenith OptiMedia, in http://www.bloomberg.com/news/2010-12-06/web-emerging-markets-to-lead-global-advertising-growth-in-2011.html
4. DOMAIN MARKET
Domains are the "Internet's Real Estate“ Large Domain Sale examples
Fund.com: 10 Mio. USD
FB.com: 8,5 Mio. USD
Diamond.com 7,5 Mio USD
• Each domain is unique Beer.com 7 Mio USD
• Domains once registered can be held indefinitely Toys.com: 5,1 Mio. USD
Russia.com: 1,5 Mio. USD
• There is only a limited number of „good Domains“ Slots.com 5,5 Mio USD
• Companies compete for the most attractive Domains, e.g. generic terms, as Casino.com 5,5 Mio USD
search engine rankings depend at least partly from the domain name
Large and growing market potential1
• The internet advertising market is growing at a double-digit rate every year
• The proportion of the internet of the total advertising expenditures should
rise until 2013 from currently 14% to 18%
• The internet market penetration in developing countries is often lower than
10%, in growth countries hardly more than 40%; so there is more potential
available than in developed markets
1 Source: Zenith OptiMedia, in http://www.bloomberg.com/news/2010-12-06/web-emerging-markets-to-lead-global-advertising-growth-in-2011.html
5. DOMAIN-MARKET – DOMAIN PURCHASE AND SALE
Registration Different acquisition
alternatives
Domains can generally be registered by everybody to his or her own name*. The
costs are mostly very low. New technologies and developments generate
continuously demand for new Keywords.
Drop Market
After the expiration of the registration period (drop) the rights to a domain expire,
if the owner does not extend. The domain can be registered by others. The costs
are generally limited to the registration fee but great domains that drop are
auctioned off among domainers. There are 3 main platforms for this business:
Namejet.com, Pool.com, Snapnames.com
Secondary Market
Already registered domains can be acquired from the owner. The prices are
based on negotiations as well as valuation agent indications.
This is done in two variations:
1. Direct purchase (an employee of DDF works permanently on the address
and negotiations with private sellers)
2. SEDO, Flippa, Moniker etc. (mostly for sales below €5,000, because the
fees above 15% are not justifiable for larger transactions)
* Domains are just registered for a certain period. The owner has a privilege to extend, which he has to exercise explicitly. Registrations of domains may be subject to certain
restrictions (e.g. exclusion of non-citizens)
6. DOMAIN-MARKET - PURCHASING PROCESS
Structured, faster purchasing process and Due Diligence
Up to 10T€ per Domain or Portfolio:
• Managers are the only ones allowed to purchase
• Domain value-check through Estibot.com
• Keyword-check by search engine
• Domain value-check through comparable deals
• Due Diligence for the safety of Trademarks
• Due Diligence to the legal situation of the Top Level Domain
• Compliance with the Asset Allocation
• If possible Traffic Check or Test Period up to 90 days
• Payment only via market place or through trust account (escrow.com)
Domains or portfolios over additional 10K EUR:
• Approval of a second director
• Valuation through Sedo or Moniker
• Development of liquidity strategy
Domains or portfolios over additional 100K EUR:
• With approval of at least one of the board advisors
Acquisitions of Websites / Developed Domains
• Additional DD for the business model
• Test running the site for 30 days before payment
7. DOMAIN AND WEBSITES MARKET
Increasing market volume
More activity in Website trading
Increasing prices
• The development of the domain-sales from SEDO and Afternic show s Sum of known Domain-Sales
strong growth, on average 28% per year
250
• In 2010 the sale of sex.com was executed for 10 Mio.€ which affects
the stats.
200
• The development during 2007 - 2012 can be seen to have a minimal
correlation with the general economic development of the time.
150
• The average value of the domain sales of .de-Domains barely changed
and have remained at 1.000 - 1.300 per sale since 2004 which is to be 100
attributed to the high commissions on Sedo and Afternic, sales of higher
value are in general made without brokers or on other platforms.
• From this we can conclude that the number of managed domains has
50
risen considerably.
0
• The domain madrid.net (owned by DDF), which was sold in 2005 for 20
T$, 2008 for 43 T$ and in 2010 for 55 T$, shows the general upward
price trend.
• Flippa.com concentrates on developed sites/domains and shows the
Flippa
Others
fastest growth of all platforms, trading in developed sites is relatively
new. Afternic
• It is very difficult to estimate the total size of the market, its well
Sedo
known that most deals over 20.000 USD are not done on any of the
platforms but privately between people. We would estimate the
private market in domains to be 4x as large which would bring
yearly sales up to a billion USD, not including sales of Websites.
Source: SEDO
Domain sales run predominantly over other platforms, which is why the average price of SEDO remains tendentiously constant
8. DOMAIN MARKET - EVALUATION COMPONENTS
• Similar to classic media, such as, magazines and television, the value of a domain is mainly Value based on expected
placed according to the expected number of contacts. The factors shown below will be used contacts and direct
for this evaluation. navigation traffic.
• The estimate attained will be compared to the estimated selling prices of similar
domains, e.g. the same domain from a different country, aligned.
• The most reliable evaluation services are currently SEDO, Estibot, Domainindex, Moniker
and Godaddy. These will also be used to calculate the value of the funds (except
Domainindex)
Established evaluation
• Typical evaluation multiples for traffic domains are between 2x - 4x annual turnover. services: SEDO, Domainindex
and Estibot
Meaning
Memorability
Length
Top-Level Domain Expected Traffic
Word count Estimated value based
x
Expected value per Visit
on Multiple
Number search
Received numbers
Current traffic
Pronounceability Compare with estimated
selling prices of similar
Age domains
Singular/Plural
Source: Own representation based on factors from e.g. http://blog.domaintools.com/2011/01/domain-valuation-how-to-value-a-domain-name
10. INCOME STREAMS - PARKING
• Income will be generated on a per click basis with the help of Domain
Parking.
• Domains are purchased in Traffic Portfolios of hundreds, sometimes
thousands of domains.
• Usual evaluation: 20 - 40 months of turnover, depending in stability Example of sponsored links on
and quality of traffic and domains parked page provided by
Domainsponsor.com using a
Google feed.
Business model:
• Parking: Domain becomes "parked" for example, with
Domainsponsor.com, Bodis.com or Voodoo.com Domain
Parking, these provide very simple sites for this, which are
filled with Google, Yahoo or affiliate sponsored links
.
• Domains with typing errors of well frequented Sites are often
used, for example, facebok.de.Other examples are simply
generic terms such as howareyou.com or locations, etc. that
users simply directly navigate to. Other parked domains are
simply short names such as in.co.uk which receives 200
visits/day (owned by DDF)
• Problems faced are the technical risk that browsers are
becoming more adept at picking up on spelling errors.
• Micrositing: Small sites are set up, which are indexed by the
search-engines for the purpose of selling advertising on the
site. DDF is using a special technique on Rebuildthis.com
where it rebuilds sites that existed earlier on a domain that
dropped.
Example from the Portfolio: howareyou.com, anonyurl.com
11. SOURCES OF INCOME- DEVELOPMENT OF COMPLEX SITES
• Some high value domains in the portfolio are being developed into full projects.
The yields come from advertisement, services (memberships etc.) and future
sales.
• The development will be conducted by a development team located in Ukraine
or with experienced partners according to the specific domain.
• Additionally DDF plans to purchase well working sites with revenue and
combine them with high value domain names, rebrand them and improve
the sites technicaly as well as SEO wise.
belgium.net
In a joint venture with Senza Limiti, DDF developed a directory of
businesses located in Belgium, the site is monetizing on adwords
and affiliations.
Month 1: 88 €
Month 2: 296 €
Month 3: 660 €
Month 4: 1190 €
Month 5: 1233 €
Month 6: 1454 €
Month 7: 1308 €
Patentsbase.com
A joint venture with RAN, we developed the worlds largest
database of patents, the site hosts 8,6 Mio. Patents and 26
Terabyte of data. The site is online but is still under
development.
Nameless.com
The latest addition to the developments of DDF, a new type of
domain market.
Exhibitions.com
Launched in August 2012, exhibitions.com is an international
directory of exhibitions.
Examples from the portfolio:
exhibitions.com, holland.net, nameless.com, patentsbase.com
*see also: www.dnjournal.com/archive/lowdown/2009/dailyposts/20091014.html
12. INCOME SOURCES- TRANSACTIONS
• Depending on the quality of the domain and the development behind the industry, the
domain can increase its value up to multiple times 100%.
• Although the focal point of the DDF lies with a Buy-and-Hold strategy, the possibility of
beneficial sales offers, relating to single domains is also possible.
• The sale is concluded in auction or directly with the person or company interested.
• Primarily, "Domain-Pros" take part in auctions.
• The Goal of every Domain investor is to find an “end customer sale” which usually
generates a 10 to 20 times the purchase price. Between domainers price increases are
around 5 to 10% each year.
DOMAIN SOLD FOR DATE PURCHASE PRICE NAVPRICE PROFIT
SALES VIA SEDO
ngrams.com 17500 Aug/10/2012 280 280 17220
pizza.com.ng 2800 Apr/23/2012 25 25 2775
faqly.com 1790 Oct/25/2011 25 25 1765
kurdistan.net 10000 Sep/20/2011 2300 2300 7700
cheapcars.in 4850 Jun/13/2011 900 900 3950
msnman.com 1650 Jun/09/2011 25 25 1625
redporntube.com 4000 May 21, 2012 25 25 3975
ISIN.org 40000 May 08, 2012 790 790 39210
die.com 70000 May 08, 2012 35000 35000 35000
howareyou.com 45000 Dec 05, 2011 5500 5500 39500
Cars.net 170000 Jun 16, 2011 125000 125000 45000
example: Sales of DDF
Source: http://domainauctions.moniker.com/archive
13. FOCUS OF INVESTMENT I
The DDF diversifies its investment system of various Domain-
classes and Business-models:
Premium Domains:
exhibitions.com
Prime Domain Names with Brand Potential england.net
portugal.net
• Premium single-word Domains: Generic, just one word comprehensive, in madrid.net
normal linguistically used Domain names. species.com
• Key-word Domains: Domains, whose names describe a specific theme. allergytesting.com
• Other Domains: Good sounding, easy to remember and brand suitable stockratings.com
Domains
Websites:
Patentsbase.com
Books.so
Tcm.org
Madrid.net
Revenue generating Websites
• Websites with revenue can be purchased between 20 and 50 month of ROI Traffic Names
• Websites usually have income from affiliations, adwords or dropshiping wwwtransito.com
• In the future DDF plans to purchase websites and combines them with wwwmisionsucre.com
great premium domain names. cinema2011.com
bbb2011.com
laprefrente.com
Traffic Portfolios
• Portfolios are sets of several hundreds to thousands of domain names
generating income at parking companies by CPC
• There are various classes of portfolios depending on the source of traffic
• One source of traffic are backlinks from earlier sits that have been built on a
domain
• Best source of traffic is pure type-in traffic
14. FOCUS OF INVESTMENT II
Emerging Markets:
Emerging Market Domain Names patent.in
• Top Level Domains for developing countries with low Internet penetration motors.in
offer outstanding opportunities to profit from the upswing of national vodka.in
economies due to the fact that there are still many very good Domains Children.in
which are unassigned. Domains.in
Corporate.tw
• Current focus markets are Pakistan, India and Hongkong. Billboards.tw
Poker.sg
gamble.sg
emails.sg
Future Key words jobs.pe
• Through observation of various fields of knowledge an attempt is being
made to predict trends in developing technologies which are as yet not fully Future Key Words:
widespread or investigated for the purpose of later capitalising on their nanoreifen.de
nanorams.de
increase in popularity.
ubidules.net
• A current example is nanotechnology: DDF holds nanoreifen.de and hivshots.net
nanorams.de dnasequencers.com
Domain Landrushes:
In.co.uk
f.co.uk
pr.co.uk
Domain Landrushes napoléon.fr
• From time to time, registries release new domains, usually very short terms Restaurantes.co
such as 1 and 2 letter domains, or IDN domains with special characters or Andes.co
second level domains such as Colombia which released .co in 2010, which dieta.co
earlier was .com.co méditerranée.fr
intérieur.fr
conférences.fr
lycéeprivé.fr
15. INVESTMENT - RISK MANAGEMENT
DDF pursues a consistent minimizing of risks, in order to optimize risks, liquidity
and net yields.
remark % now % goal (2014)
´A.) TLDs
• Generic TLD´s com, .net, .org… 70% 75%
• ccTLD´s co.uk, .de,.at,.nl,.es… 20% 20%
• Emerging TLD´s pk, .in, .br, .co, .pe… 10% 5%
B.) Type
• Premium Domains purchase price: 10-500K 60% 40%
• Websites purchase price: 10-500K 5% 20%
• Emerging markets registrations & up to 10K 12% 5%
• Traffic Portfolios purchase price: 100-1 Mio 12% 30%
• Future Keywords registrations & up to 5K 1% 1%
• Landrushes registrations & up to 50K 10% 4%
Additionally, depending on capital entrances, between 5 and 15% in cash will be kept. The money is partly used for advertisement
and/or advertising arbitrage (utilization of price discrepancies for Keywords from different markets or between different Keywords).
16. EXAMPLES OF SUCCESSFUL DOMAIN DEVELOPERS
PRIVATE COMPANIES
whisky.com by Castello Cities
Frank Schilling1
Holds one of the worlds biggest portfolios with approximately 1 Mil. Domains and
yearly income from advertising which are clearly in the double mil. USD area. According
to its own data about 250 Domains were sold for an approximate total of 7 million USD in
the second half of 2010.
Castello Cities Internet Network2
Specialized in the development of sites for cities such as palmsprings.com, local
services and generic terms like whisky.com specializes and holds one of the highest
value Domain portfolios, with a focus on a value increase of the domains through
development and also partially advertising takings > 1 Mil. USD per website.
phone.com by Internet Real Estate
Internet Real Estate3
Follows a similar business model to Castello with partially very costly development of
valuable Domains like phone.com, chocolate.com or patents.com. The
company, founded in 2001, has Domains like beer.com, diamond.com and
shop.com, sold each for multiple Mil. USD and is seen as the market leader of premium
Domains.
1 http://www.dnjournal.com/cover/2007/december.htm http://www.thedomains.com/2011/02/01/schilling-announces-he-told-7-million-dollars-in-domains-since-july
2 http://www.dnjournal.com/cover/2006/december.htm , http://www.dnjournal.com/cover/2011/january-page3.htm
3 http://internetrealestate.com/brands/ , http://www.dnjournal.com/cover/2005/september.htm
17. MANAGEMENT
Michael Marcovici Alberto Sanz de Lama
• Michael Marcovici´s experience in the field of Online- • Alberto Sanz has been active in the Internet Market for a long
Business, reaches back as far as 1991. time and has gained a considerably high reputation in this
field. Formerly as the CEO of eBay Austria and
• He is the founder of the "Austria Börsenbrief", a magazine for Switzerland, today he is the Managing Director of
finance experts, and has worked for five years as a private autoscout24.com.
equity-fundmanager.
• Alberto Sanz studied economics in Zürich and earned an MBA
• Up until 2006 he was Europe's biggest eBay-powerseller. from the renowned INSEAD-University in Fontainebleau.
• Michael Marcovici has been active in the domain market • For 5 years, Alberto Sanz worked as the Brand Manager at
since 2002, and in 2005 had started working on a systematic Procter & Gamble in Switzerland and Austria and afterwards at
domain name trading and the build up of valuable domain McKinsey. He was then the Vice President of Mobipay, an
portfolios. online payment platform, for 3 years.
• Michael's success as a CEO also includes strategic • Domain Developer Fund profits from his experience and
decisions as well as being responsible for domain purchases network in the online market.
and its funds's Asset Allocation.
• Alberto Sanz is involved when important decisions are made.
• Michael Marcovici is a regular guest and speaker at domain He is an expert concerning search engines and the search
events and thus he has very good connections in this line of engine optimization needs of companies.
business. He is also a shareholder of Domainindex.com, a
domain evaluation and tool company co owned with
domaintools.com
18. DDF‘s Competitive Advantage I
EXPERIENCE
GLOBAL
PROPRIETARY
HIGH SKILLS - LOW
RESEARCH
COST WORKFORCE
KNOW HOW ACCESS
19. DDF‘s Competitive Advantage II
EXPERIENCE KNOW HOW
Deep technical knowledge
30 years of experience in on domains as well as
website development website
and sales development, scaling and
operating.
10 years experiene in
building and managing SEO know how, attracting
remote teams of millions of visitors through
developers and organic search traffic.
designers.
Experts in monetization
PROPRIETARY
ACCESS WORKFORCE
RESEARCH
Proprietary data and
tools to identify under DDF Principals located in
Global low cost high skills
valued websites and Vienna, Munich and
workforce
domains. HongKong
Network of top brokers
Lists of thousands active Synchronized outsourcing
buyers and sellers
buyers and sellers for strategy
Tied into industry events
domains and Cost effective geographic
and associations.
websites, research on top footprint.
affiliates.
21. Domain Market Liquidity
Different classes of Domains have different type of liquidity. The table below contains the planned percentage that DDF will invest
in the various fields, the general liquidity of the class and the expected time to sell the assets.
Type of asset Liquidation Market Planned % Liquidity Time to sell
Premium Domains Markets, Brokers, Domainers, Developers ´60% Good 1 to 6 months
Websites Developers 20% Good 3 to 6 months
Emerging markets Domainers, Brokers 5% Low up to 1 year
Traffic Portfolios Brokers, Domainers 30% High 1 to 3 months
Future Keywords Domainers 1% Low up to 1 year and longer
Landrushes Markets, Brokers, Domainers, Developers 4% Low up to 1 year and longer
Additionally, depending on capital entrances, between 5 and 15% of the AUM are kept in cash. The money is partly used for advertisement
and/or advertising arbitrage and as a reserve to deal with redemptions and fast deals.
22. Targets of DDF in size and capacity
• Our target is to develop the fund in five years to a 50 Mio USD investment fund
• We also discuss the possibility to launch a Luxembourg SIF as a feeder fund –
this is an ption for DDF as soon as the fund has a volume of 30 Mio USD
• We see a capacity limit of the fund currently at 1 bn USD
23. Appendix
Domain Developers Fund Stand 22.03.2011
26. Global Online Advertising Revenues ($ in mil.)
REGION 2010 2011E 2012E 2013E 2014E 2015E
NORTH AMERICA $ 27,800 $32,804 $37,233 $41,700 $46,287 $50,916
Y/Y Growth -- 18% 13.5% 12% 11% 10%
% of total 41.1% 41.8% 41.4% 41.1% 40.6% 40.2%
WESTERN EUROPE $20,500 $23,063 $26,061 &28,927 $31,820 $34,684
Y/Y Growth -- 12.5% 13% 11% 10% 9%
% of total 30.3% 29.4% 29.0% 28.5% 27.9% 27.4%
ASIA PACIFIC $15,200 $17,632 $20,541 $23,622 $27,048 $30,834
Y/Y Growth -- 16.0% 16.5% 15.0% 14.5% 14.0%
% of total 22.5% 22.5% 22.9% 23.3% 23.7% 24.3%
EASTERN EUROPE $1,900 $2,195 $2,568 $2,953 $3,337 $3,754
Y/Y Growth -- 15.5% 17.0% 15.0% 13.0% 12.5%
% of total 2.8% 2.8% 2.9% 2.9% 2.9% 3.0%
LATIN AMERICA $1,850 $2,220 $2,731 $3,305 $3,966 $4,719
Y/Y Growth -- 20.0% 23.0% 21.0% 20.0% 19.0%
% of total 2.7% 2.8% 3.0% 3.3% 3.5% 3.7%
MIDDLE EAST & AFRICA $350 $508 $761 $1,066 $1,439 $1,870
Y/Y Growth -- 45.0% 50.0% 40.0% 35.0% 30.0%
% of total 0.5% 0.6% 0.8% 1.0% 1.3% 1.5%
TOTAL WORLDWIDE ADVERTISING $67,600 $78,421 $89,894 $101,573 $113,896 $126,778
Y/Y Growth -- 16.0% 14.6% 13.0% 12.1% 11.3%
SOURCE: Interactive Advertising Bureau (IAB), Magna, eMarketer, Barclays Capital estimates
27. Current offers by Brokers and on Markets
SITE BROKER REVENUE/Y PROFIT/Y MULTIPLE(m) VISITORS/Y ESTABLISHED PRICE
Niche Forum and Daily Deal Business WeSellYSite 1.666.000 476.000 38 x 1.500.000 2000 1.550.000
Travel Business - Advertising Driven WeSellYSite 321.000 181.000 40 x 1.880.000 2004 600.000
Drop Shipping - Computers and
WeSellYSite 3.000.000 145.000 45 x 90.000 2009 550.000
Accessories
Shoe Forum & Company WeBrokr 1.000.000 600.000 130 x 60.000.000 2003 6.500.000
Motorcycle Fairings WeBrokr 190.000 53.000 22 x 200.000 2008 100.000
Technology Forum WeBrokr 860.000 750.000 72 x 100.000.000 2008 4.500.000
Candle Reseller site WeBrokr 280.000 100.000 50 x 120.000 1999 500.000
Custom clothing Business QuietlightB. 460.000 200.000 30 x n.a. n.a. 550.000
VA Training and Certification Business QuietlightB. 205.001 127.000 30 x n.a. n.a. 300.000
Diamond Jewlery Business QuietlightB. 340.000 90.000 36 x n.a. n.a. 270.000
Daily Online Magazine Latonas 175.000 45.000 45 x 360.000 2009 170.000
Rhinomart.com Latonas 360.000 71.000 22 x 300.000 2011 125.000
Ghacks.net Latonas 323.000 300.000 72 x 30.000.000 2005 1.800.000
Ebookee.org Latonas 580.000 575.000 41 x 60.000.000 2007 2.000.000
Email Content Management Latonas 370.000 300.000 40 x 200.000 2005 1.000.000
29. Historical Deals in Webistes (in USD) Example, not for DDF
WEBSITE NAME DESCRIPTION PROFIT / MONTH SALES PRICE MULTIPLE
33x
eBookee.org eBooks Search Engine 60.000 2 Mil.
66x
planetRX.com Medical Supply ecommerce 18.000 1,2 Mil.
10x
Bloggingtothebank.com Marketing site 90.000 900.000
100x
BonusBonusBonus.com Gambling Information 7.500 750.000
10x
Makecashtakingsurveys.biz surveys 39.000 395.000
22x
Inquisitr.com News 15.000 330.000
14x
Fishflashgames.com flashgames 18.000 250.000
Mp3mixx.com mp3 links / Music 20.000 250.000 22x
Pitchingmachinesnow.com eCommerce 8.300 149.000 17x
30. MORE SOURCES OF INFORMATION
About DDF
http://domaindevelopersfund.com
www.youtube.com
http://prezi.com/yanrbdrmgnhf/the-history-of-domains/
http://prezi.com/mv1439tzgrjw/the-value-of-domains/
www.ft.com
www.iaireview.org
www.fondsexklusiv.at
www.businesswire.com
About Domain Names
http://www.dnjournal.com/
http://www.elliotsblog.com/
http://www.thedomains.com/
Domainindex.com
Domainindex.com is a project developed by Michael Marcovici, financed by domainers and domaintools.com. It appraises teh value of domain names and
carries a suite of tools for domainers and domain investors, if you wish to use the system please use the login:
http://domainindex.com/
Hong:hong
31. Thank You
We will gladly answer all your questions and provide you with further information:
Michael Marcovici MM@DDF.LU
Harald Steinbichler harald.steinbichler@gbr-fs.com
