Secrets of Internet Domain Names

History

The first commercial Internet domain name, in the .com TLD, was registered on 15 March 1985 in the name symbolics.com by Symbolics Inc., a computer systems firm in Cambridge, Massachusetts.

Administration

The right to use a domain name is delegated by domain name registrars, which are accredited by the Internet Corporation for Assigned Names and Numbers (ICANN), the organization charged with overseeing the name and number systems of the Internet. In addition to ICANN, each top-level domain (TLD) is maintained and serviced technically by an administrative organization operating a registry. A registry is responsible for maintaining the database of names registered within the TLD it administers. The registry receives registration information from each domain name registrar authorized to assign names in the corresponding TLD and publishes the information using a special service, the WHOIS protocol.

What is TLD?

A top-level domain (TLD) is one of the domains at the highest level in the hierarchical Domain Name System of the Internet after the root domain. The top-level domain names are installed in the root zone of the name space. For all domains in lower levels, it is the last part of the domain name, that is, the last non empty label of a fully qualified domain name. For example, in the domain name www.example.com., the top-level domain is com. Responsibility for management of most top-level domains is delegated to specific organizations by the Internet Governance Forum (IGF) and Internet multistakeholder community, which operates the Internet Assigned Numbers Authority (IANA), and is in charge of maintaining the DNS root zone.

Domain Names as an Investment

Domain name speculation is the practice of identifying and registering or acquiring Internet domain names as an investment with the intent of selling them later for a profit.

The main targets of domain name speculation are generic words which can be valuable for type-in traffic and for the dominant position they would have in any field due to their descriptive nature. Hence generic words and phrases such as poker, insurance, travel, creditcards, loan and others are attractive targets of domain speculation in any top-level domain.

The speculative characteristics of domain names may be linked to news reports or current events. However, the effective period during which such opportunities exist may be limited. Quick turnaround in the resale of domains is often called domain flipping. Domain flipping may also involve the process of buying a valuable domain name and building a related website around it, all this with the objective of selling the domain and newly built website to an interested party.

Whois Servers

WHOIS is a query and response protocol that is widely used for querying databases that store the registered users or assignees of an Internet resource, such as a domain name, an IP address block or an autonomous system, but is also used for a wider range of other information. The protocol stores and delivers database content in a human-readable format. The current iteration of the WHOIS protocol was drafted by the Internet Society, and is documented in RFC 3912.

Domain Name Valuation

What’s a domain name worth? Domain name value is the price you will have to pay to purchase a name for your website. This cost can range from a couple of dollars to 6 to 7 figures.

So, how do you determine the value of a domain name? That’s a difficult question, but if you get the answer wrong, it can cost you thousands of dollars. You need a fresh domain valuation before you buy or sell.

Fortunately, there are some valuation tools that can help you appraise a domain name’s worth. One of them is the GoDaddy Domain Value Appraisal. You can enter a domain name there and GoDaddy will tell you how much that domain name is worth. If you don’t want to deal with each domain name individually, you can use bulk domain appraisal tools. All you have to do is enter your FQDN list and let the tool appraise the list for you.

Adem
Adem

I'm an IT professional with more than 10 years of work experience. I love computers and all aspects of technology.

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