Wow 888.mx sold for $10,000

Today, I saw the domain sale of 888.mx for $10,000 and it makes me think of the .mx domains’ future. The domain is sold via the Sedo domain marketplace and I haven’t seen .mx domain sales in xx,xxx until now. The domain extension, .MX is open to anyone to register just a few months ago and it is a domain extension for a populated country, Mexico. Is it an end user domain sale? Possibly. There are possible end users including 888.com betting company and I am sure there are more companies with “888″ keyword.

When it was open for registeration, I was not so keen to get .mx domains and as a result I only have Tourism.mx . I think my domain, Tourism.mx will have some demand for the end users in the tourism industry.

Foreign Generics Ramping Up

 

Mexico based .Mx domains take off

The market for Mexican domain names has exploded due to changing telephony coverage and expanded wireless internet access throughout Mexico. Buyers of .Mx names had created even one more geographical domain name market. Says Vincent Uy, a domainer with a portfolio of .Mx names, “I like  the open-ended possibilities so many of my .Mx domains have. They can be Spanish, Spanish/English, parked at Spanish resource sites or leased for Spanish type in traffic. It’s really the best of all worlds”.  Vincent won’t discuss numbers, but his new sites Makeup.Mx and Fruit.Mx take advantage of the sound of the tld, while other Spanish language based names like “hybrid” in Spanish tap the Spanish language and green markets tangentially. Uy comments, my websites www.Workout.mx is more developed than the workout.com, significantly up the tld food chain.