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Godaddy Gets Another Domain Appraisal Patent

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Godaddy has been issued another U.S. patent related to domain name appraisal.

The patent is "Appraising a domain name using keyword monetary value data."
The algorithm of the appraisal is looking up sales of other domain names including similar keywords and using this to determine the value.
The company also has a number of related patents like "Appraising domain names using comparative data" and "Domain Appraisal algorithm."
These patents use five p's for domain valuation: precision, popularity, presence, pattern and pay-per-click (PPC).

The pdf of the patent can be found here
 

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