Afternic.com Facilitates $200,000 Sale of Domain Name Donated for Philanthropic Cause

Afternic.com Facilitates $200,000 Sale of Domain Name Donated for Philanthropic Cause: "Entire Proceeds of Sale, Including Afternic.com Fee, Donated to the Boston Foundation

Leading domain-name exchange Afternic.com today announced facilitating a six-figure transaction in which the seller donated the entire proceeds to a major community foundation. The seller's philanthropic act, in turn, inspired Afternic.com to contribute its transaction fee to the foundation, as well.

In what is possibly a first-of-its-kind gift using an appreciated Internet moniker as currency, Tom Bird, a Massachusetts entrepreneur, donated the domain name Farm.com to The Boston Foundation, a 90-year old community foundation with $700 million in assets, after learning the value of the URL had soared since it was first registered in the 1990s."