Domain Stock Exchange?!?!
 

"Fusu.com, synonymous with ?Future Success?, is the world?s first Domain Stock Exchange and is in public beta right now. Instead of buying domains in its entirety, it allows investors to invest in fractional ownership (?shares?) of domains. Like a traditional stock exchange, Fusu provides the trading platform for owners, shareholders and investors.

Domain owners can list up to 45% of their domain on the public market and get immediate liquidity as investors buy in.
Investors on the other hand can buy percentage ownership in domains and trade their shares, thus benefiting from the increase in domain values. Fusu is the clearing house - like a traditional stock exchange, it provides the platform for owners, shareholders and investors.

What is the advantage of listing my domain on the Domain Stock Exchange? By listing your domain on Fusu, you can get immediate liquidity without giving up control of your domain. At the same time, you gain exposure and visibility for your premium name, and benefit directly from its increase in value.
If I list my domain on the Exchange, what commitments am I entering?

Domain owners are required to split the revenue of a domain sale with their shareholders. In addition, if a domain is sold for less than 150% of the current market value, then the approval of 90% of all shareholders is required. In order to guarantee that a domain is not sold bypassing Fusu and the domain?s shareholders, domain owners are required to keep the listed domains with Fusu Certified Registrars. When I list my domain on the Exchange, do I loose control?

No; since you can sell a maximum of 45%, you remain the owner and in control of the name. You can decide to sell the name at any point. Depending on the sale price, you will need the approval of 90% of the shareholders; if the sale price is higher than 150% of the current market value, the shareholders will be paid out automatically."

Full Story: http://www.domainnews.com/general/20...ain-investors/

I know there are some domain people here so I was just wondering your thoughts on this idea. Seems like a great idea but I can see a few issues arising from it.

Seems like a decent idea, I like the idea of 45% max.

Good for liquidity

:p

"This isn't a scam at all." That's my first thought. My second was, "They don't even know what the hell they're selling." My third was, "Neither would the people who will use their services."

There's no real way to have any stake in a domain; whoever controls the ownership rights, and thus, the nameservers, controls the domain.

pretty wild. Who will provide oversight of the bookwork though?

KSEX.


(What? Too soon?)

Maybe wait until they are a bit more established before jumping on that ship.

can you apply with CumOnMyFace.com ?

Yea I don't get how they will handel ownership. The guy who has control of it owns it.

If you accept money in exchange for ownership you will lose at least some control. Companies who go public lose a tremendous amount of control. I don't see how it could be any different...:2 cents:

I believe that the way that it will work is Majority control (55% or more) is kept by the original owner, and the rest is put on the market for "shares". The people who buy are "silent" shareholders.

I hear ya. Well, it takes either a really gusty investor or an idiot to invest potentially millions of dollars into something where he is a 'silent' partner, especially when he does not have the same legal protection afforded to shareholders of public companies.