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A record deal was made yesterday when sextoys.com.au sold for £15,395 ($25,000 USD). The seller originally paid under £92 ($150 USD) for it.
Earlier, mortgage.net.au sold for a whopping £8,313 ($13,500 USD).
The .au market has taken off since auDA, the organization responsible for managing the Australian TLD, lifted a long-standing ban on domain sales.
On the other side of the globe, ICM Registry announced that its .XXX domain proposal will be heard by arbitrators in September. The company has been trying for years to get an adult TLD, but has failed three times. At one point ICANN did approve a proposal, but reversed its decision after receiving pressure from the Department of Commerce under the Bush administration.
ICM Registry has spent more than £1.8 million in legal fees so far, but is determined to win its case. It claims more than 100,000 pre-reseverations for the TLD have made.
Photo: Flickr
