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TheDomains.com

Can A Three Letter Domain Really Be Worth $2.8 Million; Maybe ioT.com (Internet of Things) Is

January 5, 2014 by Michael Berkens

After reading a lot of article in the tech world,  2013 was the year of Big Data, 2014 is looking to be the year of the Internet of Things (iot).

The Internet of Things as short and concise as I have seen it described in  VentureBeat.com, is:

“”A new era of ubiquitous computing is taking root and is a game changer. ”

“Clearly, the Internet of Things (IoT) is no longer a buzzword but now starts at our fingertips and extends to our shoes, cars, and homes. The promise of this disruptive trend is to automate and connect everything to bring a new level of convenience to our lives.

The influx of data will be huge.

“Morgan Stanley predicts that the number of devices connected to the IoT will be four to five billion by 2016 and will reach 75 billion by 2020.”

“According to McKinsey, the IoT will add between $2.7 and $6.2 trillion a year to the global economy by 2025.”

So the Internet of Things looks to be upon us and is going to be huge and that brings us back to where it usually does, domain names.

On the domain name front, the domain name iot.com is for sale with starting offers at $2.8 Million.

The domain name appears to have been quietly acquired in 2012 where it went from a site owned by NXG BV, into a parked page under privacy.

NXG seems to have acquired the domain name in 2007.

The domain InternetofThings.com is owned by a Sounding Board Inc. of Ontario Canada and goes to a parked page and has been owned by them since at least 2007

TheInternetofThings.com is owned by Cowabunga, Inc. of Murrieta Georgia and is for sale at Aftermarket.com

The IoT has a domain connection beyond just domains.

According to Wikipedia.org, IoT, focuses instead on making all things (not just those electronic, smart, or RFID-enabled) addressable by the existing naming protocols, such as URI. The objects themselves do not converse, but they may now be referred to by other agents, such as powerful centralized servers acting for their human owners.

The next generation of Internet applications using Internet Protocol Version 6 (IPv6) would be able to communicate with devices attached to virtually all human-made objects because of the extremely large address space of the IPv6 protocol. This system would therefore be able to scale to the large numbers of objects envisaged.”

So the Iot is crossing paths with domains and some brand holders at the London Digital Marketing & gTLD Strategy Congress is that many of them are planning on using their new Brand gTLD’s to track products, communicate with them in the case of say auto manufactures for example.

Each car would receive it own IP address allowing the manufacturer to interact with car and monitor the vehicle.

Looks like the IoT is the next BIG thing and are $2.8 Million you might be able to lock up the matching domain.

 

 

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Filed Under: Domains

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

« Fallout From New gTLD’s: What If Everyone Loses?
Washington Post’s 2014 In and Out List: .Com’s are Out, .EverythingElse is in »

Comments

  1. BrianWick says

    January 5, 2014 at 11:44 am

    TheInternetofThings.com owned by Cowabunga, Inc. – that is Ross Koty – been around for a long time – maybe 1994 or so – lots of very high end ???Homes.com domains and he owns Charity.com also.

  2. nobody says

    January 5, 2014 at 12:10 pm

    and ‘Data Factory’ is the next industrial revolution:
    http://www.forbes.com/sites/tomiogeron/2013/09/09/sequoia-capitals-michael-moritz-the-data-factory-changes-everything/

    http://venturebeat.com/2013/09/09/sequoias-sir-michael-moritz-the-data-factory-is-the-next-industrial-revolution/

  3. Shark says

    January 5, 2014 at 1:12 pm

    Hi Mike, nice article.

    I own the domain iot.info – I’m happy to take somewhat less that $2.8m for it. Not much less, but I’m open to offers!!!

  4. BrianWick says

    January 5, 2014 at 2:01 pm

    I am ready to make an offer of $5 for the set of iot.info and iot.pt
    offer goes off the table after today in favor of 5 cents

  5. Shark says

    January 5, 2014 at 2:37 pm

    Quite the negotiator Brian, impressive!

  6. :::::: StartYourSmall.Biz :::::: says

    January 5, 2014 at 2:45 pm

    not this domain (IMO)

  7. cmac says

    January 5, 2014 at 6:58 pm

    is it just me or does ‘internet of things’ seem like a silly phrase?

  8. 3Dprintman says

    January 5, 2014 at 7:12 pm

    @cmac

    Not as silly as my latest registration:

    InternetOfThingys.com

  9. Ramahn says

    January 5, 2014 at 10:59 pm

    Very interesting. I’ve been following the iot market for a few years. I hear a lot of tech guys always mentioning iot, but the acronym has not become “household” to the average Joe yet.

    it’ll be interesting to see how much iot.com goes for, especially this early in its stage. The Chinese are heavily invested in iot. I could see a Chinese investor paying 3+ mil for this domain.

  10. Grim says

    January 6, 2014 at 4:11 am

    > “Each car would receive it own IP address allowing the
    > manufacturer to interact with car and monitor the vehicle.”

    Not only the manufacturer, but your auto insurer could monitor your vehicle as well. So watch your speed, and don’t make it a habit to park in front of a bar for hours because your insurance rates may be adjusted accordingly.

    But that’s just the beginning of what could be in store. Google internet of things privacy.

    While there will be a lot of good things that this technology can bring, individual privacy could become a thing of the past. And if that’s the case, ‘1984’ has arrived, it’s just 30 years late.

  11. BrianWick says

    January 6, 2014 at 10:56 am

    Grim –
    I think there is an original star trek series episode as well – a 2 part episode cant think of it right now

  12. Louise says

    April 3, 2014 at 6:17 pm

    is it just me or does ‘internet of things’ seem like a silly phrase?

    I don’t like it. But, I like, “m2m.”
    @Grim said:

    > “Each car would receive it own IP address allowing the
    > manufacturer to interact with car and monitor the vehicle.”

    Not only the manufacturer, but your auto insurer could monitor your vehicle as well.

    It’s here! “Telefónica’s global M2M solution – powered by Jasper – will enable connectivity for Tesla’s industry-leading in-car infotainment telematics including navigation, online music, and internet browsing, and remote vehicle diagnostics that relay information about the car’s safety, security and performance to the driver and Tesla service in real time.”
    – Telefónica to provide M2M connectivity for Tesla electric vehicles across major European markets
    m2mworldnews.com/2014/04/03/62963-telefonica-to-provide-m2m-connectivity-for-tesla-electric-vehicles-across-major-european-markets

  13. Louise says

    April 3, 2014 at 6:21 pm

    How about an article about the worth of m2m.com? It’s already a developed site: http://m2m.com
    It couldn’t have found a better use . . .
    I hand regeistered, SyncM2m and M2mTraffic.

  14. Louise says

    April 3, 2014 at 6:56 pm

    They are viewed as two different things by the authors of this report:

    Internet of Things (IoT) & Machine-To-Machine (M2M) Communication Market by Technologies & Platforms (RFID, Sensor Nodes, Gateways, Cloud Management, NFC, CEP, SCADA, ZigBee), M2M Connections, IoT Components – Worldwide Market Forecasts (2014 – 2019)
    http://www.marketsandmarkets.com/Market-Reports/internet-of-things-market-573.html

    The IoT infrastructure allows combinations of smart things/objects, sensor network technologies.

    vs

    M2M communication will be focused more on the terminals and data centers (e.g. cloud computing and home data centers).

    They complement eachother:

    Internet of Things (IoT) and Machine-to-Machine (M2M) Market Worth $498.92 Billion by 2019
    http://www.digitaljournal.com/pr/1818789

    I guess iot.com could be worth millions. Look what industry already did with m2m.com!

  15. Louise says

    April 4, 2014 at 2:45 am

    M2M maybe appeals to me, because it is close to the wonderful brand, m&m. Ampersand character is not allowed in a domain name, as is the number 2, so maybe it appears like, m&m, with the allowed, “2,” instead of the, “&.” Who knows if that enters the psychology of why I prefer m2m to iot . . . maybe also the double m, with a number separating, makes an attractive logo . . .

  16. Jason Gonzalez says

    April 4, 2014 at 4:13 am

    I do not know if iot.com is worth 2.8 millions but we’ll see how much is worth iot.co!
    It’s being auctioned now on Godaddy?
    My guess it will probably end up been sold for 10k-12k, I dot not expect it to be more than that.

  17. Louise says

    June 18, 2014 at 9:10 pm

    Looks like the term, “m2m,” wins in low sales! Sedo reports,
    m2mdataexchange.com 1,500 USD.

    Not bad, for three word dot com!

  18. Louise says

    June 24, 2014 at 3:29 pm

    m2mDateExchange purchased by Raco Wireless, no slouch in the m2m field, according to Frost and Sullivan:

    Frost & Sullivan Recognizes RACO Wireless for Recent Enhancements to its Multi-carrier M2M Communications Suite
    callcenterinfo.tmcnet.com/news/2013/05/21/7149540.htm

    mm.com sold for $1.2 million, a deal, compared to iot listed at $2.8 million!

    The best iot domains might not even have, “iot,” or, “m2m,” in them . . . The NY Times recently published two article:

    Controlling Your Smart Home With One Hub
    nytimes.com/2014/06/12/technology/personaltech/your-coffee-maker-garage-door-and-air-conditioner-all-controlled-by-one-device.html

    &

    Quirky to Create a Smart-Home Products Company
    nytimes.com/2014/06/23/technology/quirky-hopes-wink-will-speed-adoption-of-smart-home-products.html

    The best iot domain contains, “hub,” and Mike Berkens owns one of the best:

    RemoteHub.com

    So, MostWantedDomains might have the best iot domain name.

    • Louise says

      September 17, 2014 at 9:36 pm

      RemoteHub.com

      So, MostWantedDomains might have the best iot domain name.

      Not a minute too soon!

      Logitech invests in the smart home with Harmony remote and hub
      gigaom.com/2014/09/17/logitech-invests-in-the-smart-home-with-harmony-remote-and-hub

      Logitech Targets Home Automation Play with Harmony Living Home Lineup
      anandtech.com/show/8540/logitech-targets-home-automation-play-with-harmony-living-home-lineup

      ” The ability of a single remote / hub device to control multiple home entertainment devices (AVR / TV / media players) coupled with one-touch control and simple setup has been well-received by the consumers. ”

      Sorry you have to copy and paste the article urls.

  19. Louise says

    May 26, 2015 at 3:56 am

    Remote Hub is coming in the news, next month: June 2015, when Apple announces its smart home hub, the Apple tv.

    • Louise says

      June 10, 2015 at 8:34 pm

      It’s here! The Remote Hub for HomeKit is Apple TV:

      HomeKit support doc shows setup, confirms Apple TV will serve as remote hub
      http://siliconangle.com/blog/2015/06/04/homekit-support-doc-shows-setup-confirms-apple-tv-will-serve-as-remote-hub

  20. Louise says

    May 26, 2015 at 3:58 am

    In a moment of confident exuberance, I hand registered another iot/m2m domain. Do you want to hear what it is? 🙂

    • Louise says

      June 10, 2015 at 8:35 pm

      Okay. Drumroll, please ………………………………………………………………
      FitforM2M.com

  21. Douglas says

    September 14, 2015 at 8:49 am

    This name is probably worth around 2million to the tech company who has the means to buy it. Recently ioe.com was acquired by Cisco systems.

  22. Christy says

    October 10, 2015 at 3:06 am

    What is the latest on this domain? Has it been sold?


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