Thought I found a gold mine…

Add this blog to your favorites:
add to del.icio.us :: Add to Blinkslist :: add to furl :: Digg it :: add to ma.gnolia :: Stumble It! :: add to simpy :: seed the vine :: :: :: TailRank

…but the entrance fee’s a bit expensive.

Noticed on my friend’s boyfriend’s site PhotoMatt.net (the top dawg of this website WordPress) that he talked about picking up the domain name http://ma.tt He was perplexed why the domain name was not secured. Regardless, he bought it…

So, I looked for a domain registrar that could possibly register the same type of domain names with the extension .tt (which stands for Trinidad and Tobago, by the way) and found this site: http://www.nic.tt – which appears to be a state/country sponsored website.

No fees were apparent which should of tipped me off right off the bat or should I say right off the ba.tt? … anyhoo, I looked up all these domain names and found many of them available:

bu.tt (yes, I know this could be construed as nasty, but [as I was saying…])
bo.tt
bi.tt
die.tt
ge.tt
fee.tt
je.tt
le.tt
me.tt
pe.tt

I would of probably continued the list of ones I thought could be worth something due to energy needs increasing like:

kilowa.tt
gigawa.tt
terawa.tt

…until I clicked on the “fees” link at the top. Here’s what they said (for people who don’t have a local Trinidad & Tobago address):

3rd level domain (e.g., name.co.tt)
Registration fee $100US (includes maintenance for first 3 years)
Maintenance fees $100US every 3 years (from 4th year after registration)

Not bad, eh? Well, that’s if you want the name then co.tt…

Well, if you want any of the ones above, guess what?

2nd level domain (e.g. name.tt)
Registration fee $1000US (includes maintenance for first 2 years)
Maintenance fees $1000US every 5 years (from 3rd year after registration)

Yes, a THOUSAND SMACKEROOS! Well, this bad boy won’t be dumping any money into these any time soon. Not that I don’t think they will be unvaluable over the long run, but because I don’t have the thousands of dollars to invest in several of these to see if they will pay off. Perhaps Kevin Ham or another Domainer does…Kevin — any chance you could lend a fellow Kyopo some money?

Leave a comment

Filed under Advice, Announcements, Business, Business practices, Entrepreneurial life, Financial, Interesting...

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s