P.com sold for $60,000

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P(PHI).com sold for US$60,000

August 20, 2010 by domainqueen

The two character symbol domain P(phi).com sold for $60,000, interesting many who watch the Russian aftermarket closely the IDN waters have been churning with active chat concerning the future of foreign character and symbol and foreign subTLD hybrids now bursting onto the domain commodities market. Bruce Caley is the seller of this private domain name transaction.

The Cyrillic IDN shows how the Russian internet derby is moving to aggressively capture global domaining properties. This auction benchmarks the current dollar value possible for such domain name speculation projects. In Cyrillic transliteration, the P is really a Russian R and the Phi is translated to a Russian “F”. Thus a new acronym for the Russian federation online is born.

http://www.idns.name/articles/112092...ld-for-$60,000