Wednesday, February 20, 2008

Fusu is the world's first Domains Stock Exchange

About Company:
Fusu is the world's first Domains Stock Exchange. Founded by a team of domain industry professionals, Fusu's mission is to:

operate the world's largest and most liquid domain secondary market,
open the domain secondary market to shareholders,
provide means to get liquidity for domain owners, without giving up control of their domain, and add transparency to the domain aftermarket.

How It Works:
Listing your domain on Fusu means that you retain full control, but still get liquidity from selling up to 45% of your domain.
By listing your domain with Fusu, you agree to sell pro-rated rights to future sale revenue or parking revenue from the domain. Fusu reserves the right to deny listings on the domain stock exchange.
You retain ownership, and as the owner you can decide to sell your domain. The shareholders are, however, entitled to a percentage of the sale price, according to their share ownership. If the domain sale price is less than 150% of the current market value, you are required to get approval from at least 90% of the shareholders. If the domain sale price is more than 150%, you can accept a sale at any time, and the existing shareholders will be bought out.
When you place an Initial Domain Listing, you cannot buy shares yourself. You can, however, buy shares in a domain that you own from other shareholders.
Domains that promote or praise hatred, violence, pornography, racial or religious intolerance may not be listed.

As a domain investor and shareholder, the following policies apply:

Bids are binding and valid until the expiration time specified. During this time, you cannot cancel the bid or change your bid price.

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