Fusu's Historic Launch: Fractional Domainers Buying eel.com, Other Domains

Well, the official launch of Fusu, the world's first domain stock exchange, was announced on February 19th, 2008 at the T.R.A.F.F.I.C. WEST Domain Conference and Expo in Las Vegas, marking a historic event in the domain industry and in the emergence of Fractional Domaining as a possible route to liquidity for domain owners and as an investment option for individuals and businesses.

If the Initial Domain Offering (IDO) of the domain "eel.com" (initial value = $250,000) is an indication, interest in obtaining fractional interests of premium generic domain names may be high. According to a Fusu news release on Saturday, the eel.com IDO -- available until tomorrow, February 26th -- was already 80% subscribed.

The participation of domain industry leaders David and Michael Castello of Castello Cities Internet Network, owners of eel.com, in the first Fusu IDO certainly demonstrates their support of the fractional domaining concept and lends credibility to the Fusu exchange model.

More details about the Fusu IDO process are available at: https://www.fusu.com/node/172

Other domains currently up for auction via Fusu IDO's are: Warning.com (ends tomorrow, 2-26), Flowers.mobi, owned by "Domain King" Rick Schwartz (ends Wednesday, 2-27), and rvx.com (ends Friday, 2-29).

If you are interested in learning more and/or being a part -- and grabbing a piece -- of history, then NOW is the time to visit Fusu.com!

And, if you get involved and become a fractional domain owner via one or more of the Fusu IDO auctions, please share your comments about your involvement and the process here! Thanks!