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Recently, domain names have become a news item and have often led to discussions and even legal procedures. This can be for many different reasons, e.g. a story about sudden wealth thanks to selling a .com domain (most quoted story: in 1999, 'business.com' was sold for $7.5mio ). There are also many other breath-taking stories about cybersquatters and trademark discussions.
Untill now, more than 15 million domain names have been registered; 9 million of them having a .com extension (source: DomainStats).
The domain name registration market is a huge success! A complete, new industry - with its own rules and regulations - has developed with regard to buying and selling domain names. This sector like every other sector has a wide range of characters, a large number of personages and it even has its own swindlers!
If you want to start a business online, you will need a domain name. This way, everyone will take your business for serious from the first moment. You can also get a domain name to make a statement or just to get a unique cyberspace id.
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