Afternic.com Launches First Domain Name Community Member Directory; Community Domain Valuation Models Establish Basis for Informed Decision Making.Business Editors NEW YORK--(BUSINESS WIRE)--March 6, 2000 Afternic.com, the first and largest Domain Name Exchange and Domain Name Owners' Community on the Internet, today launched an enhanced member directory as well as community name valuation models. Since going live on November 15th, 1999, Afternic.com has positioned itself as the hub of the exploding domain name aftermarket trading and investing community. With an emphasis on market information, easy-to-use portfolio management tools, and a secure trading platform, Afternic.com caters to the most savvy domain name community on the Internet. "Anyone with an interest in domain names should have a presence at Afternic.com," said Chris Maroney, co-CEO of Afternic.com. "Internet businesses and users are now acknowledging the fact that domain names are not just about technology plumbing or an established brand name. They are about global identity; they are at the heart of Internet entrepreneurial activity, and the dialogue is at Afternic." The enhanced Member Directory was developed to enable Afternic.com members to publish their individual profiles, highlighting category and industry expertise in addition to their domain name valuation models. By completing a personalized profile, community members have the option to document a variety of unique attributes, including domain name success stories and failures, professional experiences, and category specializations. The new member enhancements compliment the existing functionality that allows members to showcase their domain portfolios, solicit community appraisals, and ultimately form opinions about whether they should develop, hold, or auction their domain names. "The Afternic community has a tremendous amount of accumulated expertise across a variety of industries and points of interest in society. The member profiles allow the community to get a sense of what is important to other members and why people are bullish or bearish Bearish Words used to describe investor attitude. A bearish investor believes that a particular asset or the market as a whole will decline in value. bearish on a specific name or category," said Maroney. The financial metaphors at Afternic.com are intentional. Maroney adds, "Investing in the stock market is fun and you can profit from it if you're smart. It's the same case with domain names. We provide a venue to make domain names interesting and fun but most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , profitable." "By building the first forum that allows community members and professional name appraisers alike to publish domain name valuation models, Afternic.com has once again raised the industry bar and added another layer to its domain name exchange" says Afternic.com Product Development Manager, Michael Meyers Michael Meyers is a civil rights advocate, President and Executive Director of the New York Civil Rights Coalition (NYCRC), which he co-founded in 1986. [1] . "Compiling information from a wide base of expertise is critical if you want to get a sense of how much something is worth," said Robert Marsalla, an Afternic.com community member. "If I'm selling a name I want as many eyeballs The number of users. "There are 110 eyeballs" means there are 110 users currently online. See eyeball hang time. as possible looking at it and getting a sense of the opportunity I saw when I registered it. Likewise, many times names are individual in their appeal. I have a lot of fun at Afternic learning why other members think a name is valuable or worthless." Concurrent with launching the novel 'community valuation model' concept, Afternic.com is posting Appraisal Board Guidelines that will serve as the basis for selecting a number of Appraisal Board Leaders, or experts, who will be distinguished from other members. These leaders will have additional capabilities and exposure on the Appraisal Boards. "Because the Afternic.com Appraisal Boards and Member Pages are so transparent and easy to navigate, each member's personality and talent really shows through," said Maroney. "We've been closely watching successful community sites like Slashdot.org and others and have been applying some of the same consensus-driven concepts to Afternic.com." With the successful Register.com (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : RCOM RCOM En Route Communications RCOM Recovery Communication ) IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. last week, and the stratospheric strat·o·spher·ic adj. 1. Of, relating to, or characteristic of the stratosphere. 2. Extremely or unreasonably high: "money borrowed at today's stratospheric rates of interest" growth of Network Solutions (NASDAQ: NSOL), the domain name industry is booming. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Maroney, "Most domain names are owned by individuals and small businesses which have long been in need of the comprehensive trading community that they finally have found at Afternic.com". Maroney emphasizes, "The key is creating a venue where community member identity is deeply integrated so that a member gains stature and earns trust through talent and integrity. Afternic.com is the only such venue for domain names on the Internet and there's a whole lot to talk about when it comes to domain names. We're going to keep building on that first-mover advantage First-mover advantage is the advantage gained by the initial occupant of a market segment. This advantage may stem from the fact that the first entrant can gain control of resources that followers may not be able to match. ." About Afternic.com Afternic.com provides a comprehensive set of resources for anyone with a stake in the Internet namespace A collection of names for a particular purpose. Typically, each name is unique. For example, tables in a relational database must all have unique names. A Windows workgroup that uses the original NetBIOS naming system requires a different "made-up" name for each computer and printer in . The site couples revenue generating e-commerce applications like our online auction with stickiness through community-building research and appraisal tools. Afternic.com features easy-to-use utilities that enable Buyers and Sellers to value DNS (Domain Name System) A system for converting host names and domain names into IP addresses on the Internet or on local networks that use the TCP/IP protocol. For example, when a Web site address is given to the DNS either by typing a URL in a browser or behind the assets, perform online transactions, place automatic bids, track auction activity, and manage complex Domain Name portfolios. All users are protected with its exclusive registration transfer process, DNescrow. Based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Afternic.com Inc., is privately held. |
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