As previously reported, GoDaddy now owns Afternic. Roger Collins and Adam Gross did, in fact, create the business back in 1999. Afternic soon gained popularity as a marketplace for purchasing and selling domain names, drawing both small businesses and individual purchasers. Is Domain Reselling a Profitable Business?
If done properly, domain reselling may be a lucrative company. The secret is to identify valuable, in-demand domain names and buy them at a low cost. The next step is to decide whether to keep the domain and wait for its value to rise or sell it right immediately for a bigger sum.
You can identify possible purchasers for your domain names by using a marketplace like Afternic, which is one of its advantages. Due to the platform’s extensive network of buyers and sellers, finding connections with the appropriate people is made simpler. Who Owns a Domain Name for a Website? You take ownership of a domain name when you pay for it. It’s crucial to remember that you do not truly own the website or the material linked to that domain. Those are distinct things that belong to whoever made them.
In conclusion, GoDaddy does indeed own Afternic. In the area of domain resale, Afternic can be a useful tool whether you’re wanting to buy or sell domain names. Just keep in mind that just because you own the domain name doesn’t mean you also control the website or its contents.