Tuesday, February 22, 2005

Domain Lottery

Ok, this idea is a little out there. It is going to take time, money and patience but I think it will work. Here is how it works:

We buy a series of website domains. I am talking about hundreds even thousands and eventually many many more. How it works is these websites will be all randomly generated names - i.e. www.asdfds.com - What we do is get members to join our main site, say we call it domainlottery.com. We could charge a nominal fee for membership and the way it works is this.

A member signs up and gets 1 free search per day for a monthly fee of $19.95 per month. They can have an additional 2 searches per day for say $2 per search. The way you win would be to find the hidden website. So for today lets say the winning website is www.afrdsec.com. If someone types that in they win. The prizes can include money, sponsored prizes etc.

We could even have different types of membership ie: Platinum, Gold, and Silver. Each one having a higher monthly fee but also have bigger prizes. The difference would be in the length of the domain, a Platinum would be a 15 digit domain and Gold would be 12 -- or something like that. The details can be worked out later.

The beauty of the venture is that the websites that are not winners will have advertising for other companies... Think about having a goldenpalace.com ad on one of the losing websites.. We should also get a deal with a domain website to cheapen the cost of domains since, number one we are buying junk domain names and number 2 we are buying in bulk.

Like everything else, it would take time to grow but I think the idea would take off.

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