Domain Snapping Company Outgrowing GoDaddy
Filed in: Web — March 14th, 2006
Do you know that registering domain names in large quantities can make money too? DomainCar is one such company. It has over one million domain names and growing faster than popular domain name registrar, GoDaddy, over the past six months.
The Panamanian company DomainCar (my-name-server.com) has joined the small elite of companies in the world with more than 1 million domain names, growing faster than GoDaddy over the last 6 months. DomainCar is not a web hosting company or a registrar. Their business model is to earn money from the huge amount of traffic generated by their large portfolio of domain names.
[Read Ipwalk]
How does it work?
You don’t need to have technical skill and no overhead. What you need to do is register domain names, and start making money from parked ad pages, redirected traffic, and resell domain names at a much higher price. Easy huh?
My two cents
While this kind of business keeps growing, we will see more and more “spam websites”. This is not good. However, it is hard to control because anyone can register a domain name. We would need some “spam website filter” softwares.
[Thanks to Peter(Ipwalk) for the link]
