Mind.cn sold for $20,000

I haven’t seen any .cn domains sold in xx,xxx range previously and I now notice a domain sale of Mind.cn for $20,000. It was a very good domain sale for a .cn (China extension) domain. I believe it is sold to an end user. The domain, Mind.cn was sold at the Sedo domain marketplace. The domain made me think of my domain sale, Mindpedia.com for x,xxx range a few months ago.

I looked at the previous .cn domain sales and found out another two xx,xxx range .cn domain sales. They are Rugby.cn sold for $25,000 (2007) and Forums.cn sold for $10,000 (2009).

222.com a bargain or a deal?

Domainers are looking at a big dollar three character domain critically this week. Sedo.com auctioned the 3 number domain name 222.com for $49,000 USD . That’s a sweet sum in any economic downturn. Many domain professionals acknowledge the numerical karma associated with Chinese and oriental buyers looking for beneficial lucky numbers domains.

According to the Whois history records, the web hosting communications company Blue Gravity was the past owner and the new owner is Lei Shengqiang.

But key domainers are split on whether 222.com is coming up cherries or lemons. Some say this price was a bargain, and some say the seller was lucky to sell it in this low recessione conomy. Who is right? The resale will tell.

Chinese Name Checkers

Domainers continue to coalesce around the Chinese name market as well as they can. As much as international domainers and global speculators are focusing on China, a limited participation offering may not yet have fully emerged solidly. Despite visible State support, the offering seems not quite yet navigable.

Complex entry into the Chinese domain name market may spell competition and obstacles. Currently, Internet Explorer 6 is in use in China is at around the 68% mark. Chinese residents and internet users also must participate in a cultural content block, which may limite certain domain topics and website offerings to a vast extent, such as the adult market.