Jonathan K Boswell

Author:

Jonathan Boswell

ISBN #:

0043380786

Author:

Jonathan Boswell

ISBN #:

0043380794

Author:

Jonathan Boswell

ISBN #:

0046581413

Author:

Jonathan Boswell

ISBN #:

0521582253

Author:

Jonathan Boswell

ISBN #:

0521588049

Author:

Jonathan Boswell

ISBN #:

0716312719

Author:

Jonathan Boswell

ISBN #:

9042909730

Author:

Jonathan S. Boswell

ISBN #:

0043303358

US Patent:

20080033866, Feb 7, 2008

Filed:

May 24, 2007

Appl. No.:

11/807078

Inventors:

Jonathan Boswell - Van Nuys CA, US
Ammar Kubba - Sherman Oaks CA, US
Kevin Vo - Malibu CA, US

Assignee:

LEASE THIS, LLC - Los Angeles CA

International Classification:

G06Q 40/00

US Classification:

705037000

Abstract:

A system and a method is provided for facilitating a lease on a domain name through an online competitive bidding process. Domain name owners can offer their domain names for a lease utilizing the present invention, and the bidders can search and bid for desired premium domain names. The winning bidder acquires the lease to the domain name which includes at least the right to use the Internet traffic to the leased domain name and direct the traffic to a web site or any other Internet resource or media location designated by the lessee. The lease to a domain name according to the present invention can include the right of the lessee such that the lease remains in effect during the term of the lease even if the ownership of the domain name is transferred to another party. For the winning bidder, the lease to the domain name affords the same benefits and advantages of owning the domain name outright for the duration of the lease term. However, the lessee needs to pay only a fraction of the price of owning the domain name outright. For the premium domain name owners, the present invention provides access to a much larger market for their valuable asset and ability to generate steady income much more efficiently. The result is a much more efficient and effective utilization of valuable domain name assets than the existing methods of buying and selling the domain name outright.