07|22|2009 8:01 am EDT
by Chad Kettner
Every domainer has heard the story of how Kevin Ham built a $300 million empire - particularly how he profited from the millions of people who accidentally type “.cm” (the country code TLD for Cameroon) instead of “.com” when searching for a website.
And now that Cameroon’s ccTLD registrations are open to the public, domain auction houses are targeting domainers and typosquaters alike in an effort to sell high-end generic .CM domains for hefty prices.
In Rick Latona’s premium .CM auction, which ended July 14, some of the most sought after .CM domains such as cars.cm, jobs.cm, and loan.cm were sold for prices ranging between $5,000 to $35,500. And beyond that, the registration fees for .CM domains are expected to start around $350 for 2 years.
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