Friday, January 11, 2008

The Dot Asia Domain Name: Kickstarting the Region’s Economy?

The age of Internet domain name real estate has finally arrived, will you be the next I.T. billionaire?

By: Ringo Bones

There’s a new domain name in our “Internet Town”, it’s called dot Asia (.asia). One of the latest lines of domain names that’s named after an actual geographic location. Looks like we used up all of those little Pacific Island nations as a source of domain names.

Interested customers to the auction have 6 months to register, so register as soon as humanly possible because these things go out fast. Registration for “dot asia” opened on Tuesday October 9, 2007. Protection wanted from cyber-squatters?

Back in August 9, 1995, nobody knew that the dot com boom that started then will eventually go bust five years later. Now, Internet entrepreneurs are more wary on the promise of easy money. Even experienced Internet domain name developers are forever mindful that their “South Sea” domains like Tuvalu’s dot tv and Tokelau’s dot tk might mimic the “South Sea Bubble Burst of 1720”.

To me, the IT / Internet / computer industry – after recovering from the dot com bust of 2000 - has done so much good to those fresh out of college looking for gainful employment, especially those living in the impoverished parts of the world. The industry could essentially fulfil the promise of the Clinton Global Initiative of keeping every batch of fresh graduates securely employed by creating new jobs – like domain name developers – every 5 to 8 years. If all goes well, this mission would be a piece of cake for the industry.

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