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Flipping.co posts sales of .co domains, Establishes itself as major player in .co Aftermarket

"Flipping.co"
Cure.co tops the active auctions at Flipping.co, with 2 bidders and the high bid currently at $380

While the .co domain is literally only days old, Flipping.co has been posting sales of .co on the aftermarket already.  To date, the .CO registry has sold over 360,000 web addresses with no signs of slowing down. 

And that means a lot of speculators are looking for a platform to “flip” their domains.  Flipping refers to the investment strategy by domain investors, of buying and reselling domain names quickly.

Flipping.co Backed my Major Player in the Domain Industry

Francois Carrillo, the operator of Flipping.co and other domain marketplace properties like Catchy.com, has put together another aggressive marketing plan advertising Flipping.co on third-party websites and on websites within the Domaining network including Domaining.com, the popular domain blog aggregator that receives thousands of visitors per month.

The domain Flipping.co was registered July 20, 2010, and launched shortly afterwards, giving domain investors who have been speculating on the new domain an opportunity to quickly turn a profit.  

The .CO registry granted several premium domain names early on to people and companies who applied to be a .COFounder, a program that requires the owner to develop the name within 30 days.  Although Flipping.co was registered during the landrush, it surely has been one of the most notable developments in the .CO landscape.

.CO Domain Sales

While .co is still in its early days, a number of .co domains have already sold through the Flipping.co web site, and more are in active auctions like Tos.co with 4 bidders and a high bid of $300.

Other .co domains in active auctions include:

StAugustine.co
Rere.co
Nao.co
Entertaining.co
Carcinoma.co
RockyMountains.co
Geb.co
Xip.co

Showing signs that .co can penetrate the domain aftermarket, .co domains could be commanding much higher prices in the months ahead.   And Francois Carrillo’s Flipping.co has established its as a major contender in the .co aftermarket.

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List of websites in the .CO Founders Program

"Opportunity.co"
The .CO registry set up a website http://Opportunity.co to showcase websites developed by .CO Founders.

The .CO Founders Program was an initiative designed by the .CO Registry to engage early adopters (called “.CO Founders”, a word hack on the term cofounders which means a person or persons who start a new business jointly).  The registry granted .CO Founders premium domain names like T.co and Angel.co to people and companies, and in turn, the .Cofounders agree to develop and market a website using the domain. 

Though premium names like T.co went to established companies like Twitter, the program was open to the masses.

List of .CO Founders websites

Here’s a list of sites we’ve found so far that have evolved their .CO domain into a website. 

We’ll regularly update this page as more are launched.  If you have a tip on a .CO Founder’s website, submit your tip here)

Angel.co 
Bahamas.co
Challenge.co
GetSighted.co
IWNY.co
MakeupArtist.co
Now.co
Pappas.co
Pitch.co
T.co
Tmg.co
Turkel.co

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.CO Web Addresses Registered to Date, Tops 300,000

"Angel List"
Angellist landed Angel.co as part of the .CO Founders Program. According to Opportunity.co, which features several domains already developed, Angel Investors play a vital part in getting some of the world's most innovative startups up and running. Angel.co brings Angels Investors and Startups together!

.CO domain registrations has passed the 300,000 mark, the .CO registry is reporting on its home page.

People of all walks of life – speculators, companies, individuals – are registering the domain names.  The .CO registry celebrated its launch of the domain to the general public earlier this week, with much fanfare, and hopes of the domain avoiding the same stigma that has plagued other domains such as .biz, .tel, and .mobi.

To put 300,000 registrations in perspective, .biz the domain that is intended to be used for businesses only has 2 million registrations and change to date.   The .biz extension was created in 2001.

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With the .CO landrush behind them, now the big ticket auctions will begin

"E.co"
As Mike Berkens of TheDomains.com reports, "E.Co, which was just purchased for $81K in June, is back up for sale with a new price tag of $500K."

If you were one of the single applicants for a .CO domain, by now the domain name is sitting securely in your account at your registrar.  During the landrush phase, you had the opportunity to submit an application before general availability began. 

Now with the landrush phase closed and the general public snatching up thousands of .CO domains, those domains that received multiple applicants during the Landrush phase will battle it out at auction.

Though there is always high uncertainly with each new domain released to the public, reports of domains like e.co selling for $81,000 and o.co selling for $350,000, it doesn’t take a genius to predict that .co domains headed to auction (particularly coveted keyword and product domains) will fetch price tags in the thousands.

According to the .CO website:

Multiple Applicants:  If there were several applications for a .CO domain name, all of applicants for the particular domain will have the chance to participate in an auction for that domain.  Only applicants for the particular domain will be eligible to participate in the auction for the requested domain.

Auctions Notices & Scheduling:  Notices for auction scheduling will be sent no later than July 30, 2010 requesting applicants to sign up for the auction site.  Notices for auctions will be sent from service(at)COAuctions(dot)co.  Auctions will be scheduled during the first 3 weeks of August and will last 7 days.  Once an auction ends and payment has been completed by the winning bidder, the domain will be awarded within 10 days.

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Domain Investor Elliot Silver Makes Front Page News on .CO Registry Homepage

".CO Founders Program"
On his blog, Elliot Silver writes, "I’ve been excited about this for the past few days, and I needed to make sure a few things were in place before announcing it. After reviewing my Founder’s Program application for a web development project, the .CO Registry has awarded my company the geographic domain name Bahamas.CO. I love the Bahamas and I plan to visit sometime this winter, and I will be back there again in March for Domain Roundtable."

It was announced earlier today on ElliotsBlog.com, that Silver Internet Ventures, LLC run by Domain Investor and Blogger Elliot Silver was awarded the domain name Bahamas.co as part of the .CO Founder’s Program.  The program, which is now over, according to the .CO web site is an initiative designed to engage early adopters, also known as .CO Founders, to proactively develop and maintain domains with the .CO extension.

The .CO registry has launched Opportunity.co, a page that will be updated with the websites created by .CO Founders. 

Though lean right now, the .CO registry is eager to update the website in order to showcase how .CO Founders have developed their names.  

The clock is ticking is down on .CO Founders to meet their end of the bargain.

The news of Bahamas.co being licensed to Elliot Silver’s company made front page news on the .CO website just hours ago, after being tweeted by @dotco (the company’s Twitter account).

Check it out – noted domain investor and blogger announces Bahamas.co – http://retwt.me/1NYhm @elliotsblog – Go Elliot! #cofounder  

Some 279,000 .co domain names have been registered to date, for what could be a domain with a lot of staying power. Companies like Twitter and TechCrunch have jumped on board as early adopters. 

The Fine Print of the .CO Founders Agreement

You must use your best efforts to launch your site within 30 days of signing the .CO Founders Contract, and in any event before July 20, 2010.
 
You must agree that your site will remain in good working order, with unique, meaningful content; user-friendly interfaces; and broad user appeal, for a minimum of 2 years (potentially longer for domains considered “Super Premium” by .CO Internet). Use of each .CO Founder domain will be licensed to the winning applicant until this commitment has been met (subject to all other program terms and conditions), at which point the applicant will be permitted to register their domain name with an accredited .CO registrar of their choice (standard registration fees will apply).

During the license period, you must agree to actively market and promote the .CO domain in a manner that is likely to produce widespread awareness of your site based on industry best practices.

Sites currently using .CO now as part of the Founders Program include:

t.co
URLs don’t get shorter than t.co. Twitter is now using t.co as part of a service to protect users from harmful activity. Links on Twitter pass through t.co and are checked by a list of dangerous sites, in order to warn users and keep Twitter a trusted environment. Short, safe and to the point!
(source: Opportunity.co)

IWNY.co
Internet Week NY is the annual festival dedicated to innovation, creativity and growth in the internet. IWNY.co is the place to see what’s happening, as it’s happening, through livestreaming video.
(source: Opportunity.co)

Disrupt.co
TechCrunch Disrupt stages the Startup Battlefield. Who is bringing the most innovative ideas to the internet? Visit disrupt.co to find out.
(source: Opportunity.co)

GetSighted.co
Are you properly protecting and caring for your eyesight? Transitions Optical has teamed up with television star Erik Estrada as a Healthy Sight Officer, to keep an eye out for citizens who are “breaking the law”! Be careful, or you might just get a “Sightation”…
(source: Opportunity.co)