Now I am not one to complain a whole heck of a lot, but it does bug me that with most domain name auction Web sites you have to pay a monthly or yearly fee to take part. Now if you only have one or two domains to sell - and you don’t expect to make a fortune off of them - how is this fair?

Well I guess I am not the only one who feels this way - because 4Domains has recently launched a new service named DotPound.

Domain registrar 4Domains announced on Tuesday it has launched DotPound, a domain auction site that is free of listings and transaction fees. “Our motivation initially for this site was to offer some of our larger domain customers an exit strategy for their large domain holdings,” says Chuck Steinberger, CEO of 4Domains. “But as the project grew we realized that we could also increase the demand for registering new domain names and buying expired domain names if we provided a free auction service.”

A big thank you goes out to the folks at 4Domains to see that there really is a demand for this type of service out there today. Now I am not sure how well the service works, but if anything it is a nice start. It isn’t about how much money you can make on each person. We are not cattle here - we are real people. If you can draw in a lot of people to your idea you are in line to make a boatload of cash along the way.

[tags]free, membership, auctions, domains, DotPound, 4Domains[/tags]