266,000 .asia Domain Name Applications in first 24 hours

iTWire has reported that 266,000 .asia domain name applications have been submitted in the first 24 hours of its landrush phase.  With the opening of any new domain name extension there is sure to be plenty of speculators hoping to cash in on the lucrative domain name reselling market.

DotAsia has talked up the expected value of such domains saying: “Imagine the value and potential for names like music.asia, trade.asia, mobile.asia, football.asia”, and many more! The value of domain names have risen to staggering new heights in recent years. Vodka.com fetched $US3 million, diamond.com took in $US7.5 million and poker.com…Business.com, acquired in 1999 for $US7.5 million is now estimated to be worth $US300-$US400 million.

If you would like to throw your hat in the ring head over to our .asia domain name presell information and application page.