𝙳𝚘𝚖𝚊𝚒𝚗 𝚁𝚎𝚐𝚒𝚜𝚝𝚛𝚊𝚝𝚒𝚘𝚗 & 𝚆𝚎𝚋 𝙷𝚘𝚜𝚝𝚒𝚗𝚐 𝙸𝚜 𝙱𝚒𝚐 𝙱𝚞𝚜𝚒𝚗𝚎𝚜𝚜
If you've ever set up a website, you'll know that buying a domain name can be a confusing (and sometimes expensive) experience.
You'll also have probably come across GoDaddy — the biggest domain name registrar in the world.
Domain names are actually registered and controlled by a non-profit organization called ICANN. GoDaddy's business, and that of other domain name registrars, is registering your domain with ICANN and then helping you actually host your site. GoDaddy revealed it was on track to do almost $3.8bn in revenue this year.
There aren't many sensible sounding ".com" names left because of "domain parking". Snapping up available domains has become a whole market in itself - and there have been some big sales. Elon Musk coughed up $11m for "Tesla[dot]com". Toys 'R' Us spent $5.1m on "Toys[dot]com", and in 2019 "Voice[dot]com" went for a record $30m.
𝙲𝚑𝚊𝚛𝚝𝚛 | 𝙳𝚊𝚝𝚊 𝚂𝚝𝚘𝚛𝚢𝚝𝚎𝚕𝚕𝚒𝚗𝚐
