How?s the Financial Climate for Domains?

[daniel]

There has been some debate on how the current banking and financial crisis is affecting the domain industry. Whether or not this specific crisis affects domains, the general economic slow-down is definitely having an effect. While $2,000,000 did change hands in Moniker's T.R.A.F.F.I.C. New York live domain auctions, this is down from $10,000,000 in 2007. Last month's Name Monetizer newsletter provided information on similar deceases in parking income; and on Oversee.net's staff cuts. Perhaps most telling is the fact that there will be only two T.R.A.F.F.I.C. shows in 2009.

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