Paul Sloan's

Well, I’d never heard of a TV show called “Shark Tank,” but after receiving an email from well-known domain name investor, Rick Schwartz, explaining an interesting new twist to his popular industry conference, T.R.A.F.F.I.C. scheduled for October 26th in New York, I sort of got the idea.

One of Traffic’s features is to have anoint a “Domainer of the Year.” This year’s nominees are being invited to be on a “Shark Tank” panel, where they will consider applications from domainers applying to to get funding for their domain.

In return for being chosen and getting the investment in the domain development project, the investors will take a slice of the equity in the finished project.

It’s a great idea and one that is sure to whip up a lot of interest from a stale-looking, recession-hit industry that’s crying out for new ideas.

Large scale web development is expensive and one of the biggest problems for domain name investors is to get the investment required to make it a success.

Whilst details aren’t currently available as to the extent of the investment, there are some big names in that list who’ve been there, done it and have the proverbial tee shirt.

Part of the application process to be considered involves submitting an email of 50 words or less explaining why your project should be chosen for condsideration. The best ones (presumably with a great name attached) will get to make their presentation to the panel.

The deadline for submissions is September 30. Fancy a go? Here’s where to look.

Actually, the idea is not too dissimilar to something we’re planning for PlayingTheAngles in the near future, so we’ll be watching closely.

The real challenge for domainers is being to select just one name from their portfolio, so if you’re going to enter, remember, the contest is to write an email of no more than 50 words – that’s not 50 domains!

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