AF writes "In a recent interview with Roger Collins, president of ProProject and the new
owner of Afternic.com, CircleID
investigates the logics behind ProProject's recent purchase and strong belief in
the pursuit of domain name secondary market. Once known as a primary domain name
auction site, Register.com had purchased Afternic.com in the September of 2000
for $48 million in cash and stock--2 years later the site was shut down as
money-losing unit until ProProject came along."
"In one question raised by CircleID, Roger Collins explains: 'If you look
closely, you'll see that these companies [VeriSign & Register.com] did not
abandon the secondary market; they are only changing how they reach it. VeriSign
is replacing GreatDomains with its Name Store concept, which attempts to reach
buyers and sellers of registered domains through the registrars. I can't discuss
Register.com's plans, except to say that the announcement on Afternic.com before
it closed said that its Virtual Broker (a service that lets buyers make offers
and negotiate on any registered domain name) would be available on Register.com.'"
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