The Domain Name Game - at Domain Nesteggs dot com
Ted Stalets is staking claims to the future at www.DomainNesteggs.com . "They're not that valuable today, but they will be some day," said the 52-year-old Nashvillian of the domain names he has thought up, purchased, registered and will resell for products and services - most of which don't exist … yet," Stalets is quick to add.
(PRWEB) July 1, 2005 -- Ted Stalets is staking claims to the future at www.DomainNesteggs.com .
"They're not that valuable
today, but they will be some day," said the 52-year-old Nashvillian of the
domain names he has thought up, purchased, registered and will resell for
products and services - most of which don't exist …
" … yet," Stalets is
quick to add.
His current inventory is at 727, all of which have been
created since he started the process about 18 months ago. Through extensive
research, Stalets concluded that his efforts would best be spent in the areas of
robotics, virtual reality, biotechnology and nanotech (subatomic technology),
along with artificial intelligence and voice recognition for the Internet -
industries he tracks with keen interest.
"I know I'm taking a risk,"
Stalets said, "but it's only costing me $6 per name [per year]."
Domain
names are those URL (Uniform Resource Location) addresses that allow people to
find specific sites on the World Wide Web. Stalets has a Web site at www.DomainNesteggs.com. There a visitor will find the domain
names Stalets thinks will be worth something in the future and the prices he is
charging to acquire them. Most of the names are in the ".com" domain.
Stalets said it is important that people realize he is not "domain
squatting," which has a negative connotation. He said that most domain squatters
try to claim names that are generally known to the public - like brand names or
names of popular living people - and won't let them go for less than excessive
prices.
Though Stalets has laid claim to www.ThomasEdison.name , www.WinstonChurchill.name and www.MarkTwain.name , which he
hopes to sell for up to $550 each, most of his domain name claims are very
generic. The domains themselves are immediately identified as futuristic - hence
the concept of Domain Nesteggs.
Stalets gives a small sampling with the
following examples - www.SpokenInternet.com and www.Web-Groups.com for the
coming Intelligent Internet, www.MyVirtualChurch.com for worshiping within Virtual Reality,
www.HealthcareRobotics.com and www.RobotWebsites.com
within the Robotic category, www.GeneticCounselor.net , GeneticEngineeringCenter.com and www.BiotechWebsites.com within Biotechnology, and www.NanoManufacturers.com and www.NanotechWebsites.com within Nanotechnology.
The
future appears to be approaching quickly, because he has already sold some of
the names, including two related to the robotics industry for $1,500 and $450.
Three others were sold for less than $100 each, but Stalets admits they were not
worth as much as some of the others.
Stalets has spent most of his adult
life selling pianos and he still does. "But I have always been very interested
in the future," he said. "Not science fiction, really, but more of the research
that was coming out of the soft sciences like psychology and sociology and the
hard sciences like physics and computation technology."
Compared to the
general population, Stalets would be considered a somewhat early computer
adopter, having owned a Radio Shack TRS 80 in the 1980s. But he said he is no
techie.
And Stalets, a husband and father of two, isn't much of a
risk-taker either. "I have never bought a lottery ticket in my life because I
know that the odds are against me," he said. "But with Internet domains, which
some people would say are just as risky, I am using my intellect and my
intuition to predict where we are heading as far as e-commerce and e-sociology
are concerned."
On his Web site at www.DomainNesteggs.com ,
Stalets goes so far as to predict when some of the technologies he is tracking
will become mainstream during the next several decades. As more of these
businesses realize the importance of being on the Internet, the scarcity of
really good dot-com domain names dictates very basic free market economics,
according to Stalets.
In other words, as demand increases and supply of
domain names doesn't, prices will increase, he predicts.
"This is the
basic economic principle behind Domain Nesteggs. If I end up being correct, and
technologies like robotics and biotech and nanotech become billion dollar
industries, I will have made the right decision with Domain Nesteggs," Stalets
said.
The total of all the asking prices of the domain names Stalets has
registered thus far with 1and1.com is about $1.5 million. But, he readily
conceded, "what a name is worth is whatever the market will bear."
"I'm
looking at what stuff might be worth 20 or 30 years into the future," he said.
"Sure, it's speculating, but it's cool."
For additional details, please
visit www.DomainNesteggs.com .
About DomainNesteggs.com:
Located in Nashville, Tennessee, DomainNesteggs.com is a domain name reseller
specializing in emerging technologies - Virtual Reality, Robotics, Online
Voting, Biotechnology, Nanotechnology, and the upcoming Conversational Internet.
This last technology includes new peer-to-peer video conferencing, available at
www.Web-Groups.com .
Contact Information:
Ted
Stalets
www.DomainNesteggs.com
www.Web-Groups.com
615
482-1766
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Source : http://www.prweb.com/releases/2005/7/prweb256949.htm