Fusu - The Domain Stock Exchange - Announces Public Beta and Key Partnership
January 25, 2008; 07:07 AM
With 140 million domains registered today and a market value that could reach $4 billion by 2010, the need for a dedicated platform where domain names purchasers and investors could meet and trade was sorely unaddressed until late 2007, when Fusu was pre-launched by a team of Internet professional to address that very issue.
Because so few good names are still available, domains have become the real estate of the 21st century. More than 90,000 domain names are bought daily, with some achieving spectacular market values: Vodka.com sold for $3.5 million, Computer.com for $2.1 million.
As the market matures through the efforts of experienced investors and industry leaders, processes and standards have emerged that have facilitated the development of brokerages, auction platforms and leveraged financing instruments. Fusu’s Domain Stock Exchange represents the natural evolution of this trend as it brings further transparency and reliability to the market.
As with a traditional Stock Exchange, Fusu allows its participants to get liquidity from their assets.
On Fusu, holders of a premium domain (i.e Vodka.com) can devote a
fraction of their domain to the market and immediately get money out of
it without having to give up its control at any time. In return,
stockholders in the domain name will get their share in future sales or
advertising revenues generated by the domain name.
Shareholders participate in the booming domain name industry,
without having to spend hundreds of thousands on a single premium name.
Just like on any other Stock Exchange, shares can then be traded between buyers.
With today’s launch of Fusu’s Public Beta, everyone is now invited to buy and sell shares of premium domain names that are owned by a few well known and trusted domainers, to guarantee a safe and trustworthy Exchange during the Beta period.
To provide for a stable launch, today also marks the beginning of a partnership with EuroDNS SA, well-known registrar and a key player in the domain industry. “By bridging the gap between the traditional finance world and the innovative domainers’ crowd, Fusu grants investors an unprecented access to valuable properties while fueling a buoyant market” comments Xavier Buck, EuroDNS CEO. “Our company is proud to participate in a great venture that could become essential to domainers and Internet users worldwide.”
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