Did you know that 22.2 billion dollars were spent on domains selecting during the last year in the world?
This promises to be one of the main trends in 2022! Nowadays, with the boom of AI and Internet of Things in the last year, those who are able to grasp the opportunity to move forward will be the ones to stand out.
Accompanying this era is the development of domain trading as people take full advantage of the decentralization brought about by blockchain technology to start using domain names as their assets or currency. However, it is important to have the right tools in order not to commit mistakes.
Some consideration on this trend
On one hand, most people are not familiar enough with financial trading, which knows no borders and can be widely recognized as a potential that can lead humanity into a new era. On the other hand, when someone is starting his own project or company, it is difficult to choose the name because of a high level of competitiveness in the market and internet in general.
Cloudname is an all-in-one trading software for domain owners and investors. It is based on AI and big data technologies, so that you can create, analyze and sell domain name portfolios with great success.
Let’s start to see together what this is about and then how Cloudname, the new domain trading platform, can help in starting your activity!
How domain trading works
In basic words it is the process of buying and selling domains with the aim of generating an economic return. The key to success is to buy low and sell high: a simple concept, but one that has many implications.
Most people don't let their sites expire, because they think it will devalue the name and make it harder to sell in the future. That's actually not correct – if you buy again at a later date you'll be able to sell it for the same price that you bought it for before, so expiry doesn't make a difference other than to inconvenience your users.
The key to be successful in this sector is being able to spot when an asset is under-priced, i.e. you're getting more than it's worth, and then buying it for a value higher than the one at the purchase moment.
Domain trading has been around for more than two decades. As the internet has grown so has the business of owning and selling websites. There are many opinions about successful domain strategies in the internet marketing space, but one thing remains true: buying a domain and holding it for long-term investment is a viable strategy that continually proves to be profitable for a number of motivated domain professionals.
How Cloudname can help you
Cloudname.com is a platform providing services in the domain trading sector providing AI and featured services allowing to have a gain on trading domains. This service allows basically everyone to be able to trade domain names without having any special skills in this business sector.
From this platform you can purchase and sell hundreds of thousands of domains. The purchasers will always have new domains coming up for sale on the platform changing the range of domains available to them, or they will be able to list their own domains for sale in the platform with the profit gained on their prices. You can find endless amounts of domains for sale thanks to these people who are parting with their resources for various reasons.
Also, you may want to sell your own domains because you don't need them anymore due to the changed requirements or some other reasons so it's very advisable to take the chance to profit by selling your domain names through Cloudname where thousands of people are looking at them all day long.
Founded by developers with experience in the domain sector, Cloudname's team is creating an AI-based platform aiming to offer a full-range of opportunities and services allowing to optimize trading and investments on the new domains market, which is estimated to grow 16–24% annually. If you are interested to know more about this cut hedge sector, visit Cloudname Youtube channel or check their blog!