The owner of Fund.mn announces the auction of his generic country code top level domain name on eBay.

Even though .com, .net and .org are the most well-known domain name extensions, they are not the only ones that are available for use. As more words and phrases in the English language being registered as .com, .net and .org domains, ccTLDs are becoming increasingly popular.

ccTLD, also known as Country Code Top Level Domain, is a domain name designated for a country. Each country has its own domain extension; Germany, for example, is .de, while Spain has been assigned .es. From branding perspective, ccTLDs work just as well as any top level domain and can be registered by anyone in the world. Therefore, more companies and webmasters are choosing country-specific domains as their official websites.

For examples of recent ccTLDs sales in 2008 according to DNJournal.com are:

Casino.de was sold for $625,060
Jobs.ca was sold for $600,000
Auto.es was sold for $173,682
Deals.de was sold for $102,182
Apotheke.eu was sold for $81,070
Voitures.fr was sold for $78,935
Shoppen.nl was sold for $69,750

For domainers, people who trade domain names, making thousands of dollars from ccTLDs is definitely nothing to sneeze at. Simply put, a domain name using a ccTLD has a high value behind the typical .com, .net or .org extension.

Fund.com was purchased for over $9 million on March 2008, so this auction would definitely entice some high profile domainers. The auction starts as low as $1 (one dollar) and it will run for 10 days.

To join the auction, please go to: http://www.fund.mn/auction.html
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