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Who profits from domain names fees (lemmy.ml)

submitted 1 year ago* (last edited 1 year ago) by equidistantWhitfield@lemmy.ml to c/asklemmy@lemmy.ml

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There are some people that asked a similar question but I don't want who gets raw revenue, but who gets the probably obscene margins (profits thus) from paying $10-20/year for linking a piece of string and an IP address?

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[–] Kissaki@feddit.de 5 points 1 year ago* (last edited 1 year ago)

I saw a short do on the moon land selling once. They're not actually selling moon land. IIRC international agreement is nobody can own any.

They sell certificates. And they have to disclose that in the fine print or sth. Still, people buy it for fun/novelty, or for the off-chance it'll mean something.

So the person who took a map of the moon and sells certificates on his distribution of their own map splitting gets all of that money.