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As some folks here know, I am a big fan of Digital Empowerment projects that scale.
Over the last year, I have seen lives transformed by people becoming successful domain investors on a bootstrap.
I have been discussing with a few folks about introducing a Domain Microfinance program for emerging economies and for young entrepreneurs.
This could be a Digital Empowerment strategy for helping people to bootstrap domain portfolios. The idea was inspired by a discussion with a young Angolan.
The idea is this:
- People apply to get a microfinance grant. To get the grant, they have to verify their identity. This is done in order to prevent repeat applicants.
- Domains registered are limited to .com. With a budget of as little as $30, right now that is about 5 .com domains at a promo rate of just $5.49.
- The domains are powered by an SSL powered landing pages which domain owners can optimize and then use to sell or lease.
- Once the grant participants generate a certain level of sales or leases, e.g. $100, they can request an interest-free domain loan based on their portfolio.
Over the last year, I have seen lives transformed by people becoming successful domain investors on a bootstrap.
I have been discussing with a few folks about introducing a Domain Microfinance program for emerging economies and for young entrepreneurs.
This could be a Digital Empowerment strategy for helping people to bootstrap domain portfolios. The idea was inspired by a discussion with a young Angolan.
The idea is this:
- People apply to get a microfinance grant. To get the grant, they have to verify their identity. This is done in order to prevent repeat applicants.
- Domains registered are limited to .com. With a budget of as little as $30, right now that is about 5 .com domains at a promo rate of just $5.49.
- The domains are powered by an SSL powered landing pages which domain owners can optimize and then use to sell or lease.
- Once the grant participants generate a certain level of sales or leases, e.g. $100, they can request an interest-free domain loan based on their portfolio.
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