Anything like domaining?

[jasdon11]

Besides just the properties you named such as low barrier to entry, etc, lets formulate a better understanding of what the core of the domain business is, fundamentally, in a nutshell, and maybe we can discover where that same opportunity exists in other areas.

Spot on HomerJ!

Essentially, domains are (currently) the starting blocks for the whole internet. Without one, there is no website, no email, nothing.

They are an easily tradable asset - some with inherent value - all can be made to have value.

They have a minimal carry cost in renewals, no storage costs, little handling cost.

The vast mojority of trades are between a small group of people 'in the know', but ultimately they are (usually) of most value to people outside of this group.

There are a limited number of naturally useful names (this number changes as new topics/technology/tlds are created, or die off) which will prop up values while the domain system is in place.

Feel free to add...

 

[petrosc]

Study the internet marketing gods like Frank Kern, John Reese and Jeff Walker and once you master their techniques you'll forget about domaining

 

[StianStian is verified member.]

Off topic; the dollar is rising again. Great.

 

[petrosc]

^ yeah great news

 

[Raider]

You can do what Rick and Howard are doing and organize your own conventions, How many domain conventions have you had in the UK?... You can get away from domaining and do anything you want, Anything from UFO's to 911 Conspiracy theorists.

I was in Long Beach last year and they had a huge Anime convention of all things, it was packed with thousands of people and everyone dressed the part.. It was fun.

 

[HomerJ]

Essentially, domains are (currently) the starting blocks for the whole internet. Without one, there is no website, no email, nothing.

domains themselves though are more of a convention. There could be internet and all without domain names, .. its just that the naming was a convention since otherwise there would be just strings of numbers that no one would remember.

They are an easily tradable asset - some with inherent value - all can be made to have value.

I don't think its necessarily inherent (aside from notion of collectibles or memorabilia type value.) the value is measured in traffic. no traffic, no value. and what is traffic? .. consumers w/ wallets.

They have a minimal carry cost in renewals, no storage costs, little handling cost.

extremely low overhead

The vast mojority of trades are between a small group of people 'in the know', but ultimately they are (usually) of most value to people outside of this group.

granted

There are a limited number of naturally useful names (this number changes as new topics/technology/tlds are created, or die off) which will prop up values while the domain system is in place.

supply and demand


.. I've been struggling to come up with a very concise definition to include all of the factors so far discussed in this thread, but i'm no longer sure it will be helpful or not.

in any case, given your initial examples - domains, fuel, batteries - it is interesting to look at..

- the advent of the PC made possible the internet which created a demand for domains

- the advent of the combustible engine made possible the car which created a demand for fuel

- the advent of wireless communication made possible new mobile devices which created an increased demand for battery power.

I think here is a good avenue to explore. So what are the latest new technologies being adopted, and what will they create a demand for?