Were does your money go when you buy a domain?

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Post March 24th, 2009, 5:03 pm

I was just sitting here pondering where my money goes every time I buy a domain through godaddy? I'm sure godaddy makes something off of this but who are you actually paying for the namespace and who actually owns it to sell in the first place??? It's really bothering me and I can't get it off my mind ... am I paying tim berners lee... haha
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Post March 24th, 2009, 5:03 pm

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Post March 24th, 2009, 5:07 pm

ICAAN (Internet Corporation for Assigned Names and Numbers) charges a 20-cent fee per year on most TLD's, and I'd assume the rest goes to the registrar. Don't quote me on that though.
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Post March 24th, 2009, 5:35 pm

hmm interesting... thanks :)
I just was thinking how crazy it is the amount of money there making off of selling a name that there only paying 20cents for. Godaddy is officially banking in.. lol
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Post March 24th, 2009, 5:51 pm

Well it's not going to be pure profit. Registrars need to maintain servers and other equipment, pay employees, etc.
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Post March 25th, 2009, 10:42 am

It is a one sided business thou. Not like you can start your own company and start selling .domain TLDS. Only ICAAN can do that. If they wanted to they could charge 100 bucks a domain name if you think about it.
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Post March 25th, 2009, 10:59 am

HelenBray wrote:
Not like you can start your own company and start selling .domain TLDS.

I think Bob Parsons would beg to differ.

Wikipedia wrote:
A domain name registrar is a company, accredited by the Internet Corporation for Assigned Names and Numbers (ICANN) or by a national ccTLD authority, to register Internet domain names. These "retail" companies are often distinct from the "wholesale" domain name registry operator.


http://en.wikipedia.org/wiki/Domain_name_registrar
http://en.wikipedia.org/wiki/Domain_name_registry
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Post March 25th, 2009, 11:35 am

Quote:
If they wanted to they could charge 100 bucks a domain name if you think about it.


You should take a look at the types of lawsuits, and millions of dollars Microsoft has been hit with and paid out. Then see if you still believe that. :)
Strong with this one, the sudo is.

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