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College Student Cashing in on Million Dollar Wiki Website
Published: Fri, 15 Jun 2007, 15:00:00 EDT
Only a week after its launch, The Million Dollar Wiki is proving to be a success
NEW HAVEN, Conn. - June 15 (SEND2PRESS NEWSWIRE) -- A student at the University of Connecticut has launched a new website that is on track to make him one million dollars. The Million Dollar Wiki (www.MillionDollarWiki.com), is a website similar to Wikipedia.com but with one important catch: every page costs one hundred dollars. The pages are public for everyone to see, but only the owner of a page can add content to it.
That means that one person will own the page for "business," one person will own the page for "newspaper," and so on for every word you can think of. The goal of the site's creator, Graham Langdon, is to sell ten thousand pages thus making one million dollars. So far, he has sold twenty pages.
"Its quite simple," said Langdon, the twenty-one year old founder. "Once you own a page, you can use it to promote your business or website and no one else can touch it. You own the page for the life of the Wiki. I think people are rushing to buy pages because they realize that once a page is purchased, that's it. It's no longer available. If they want to own the 'Music' page, they have to buy it before anyone else does."
People are also in a rush to buy the pages for an entirely different reason. If you purchase a page, you can turn around and sell it for a profit. The scenario Langdon describes one in which someone has purchased a word of some value, the "Business" page, for example. The person who purchased it only paid $100, but because it is the only page for "Business," someone might be willing to pay several hundred, possibly several thousand dollars for that page. The owner of the page can then sell for a profit, and the new owner can then put whatever they want on the page.
Only one week old, the website has already generated thousands of dollars and thousands of hits. "No one has ever done this before," said Langdon. "It kind of reminds me of the dot-com craze to purchase premium domain names. Everyone wants to buy the good pages before someone else does." Langdon is optimistic and anticipates he will make the entire million dollars in only a few short months.
More information: www.MillionDollarWiki.com.
NEWS SOURCE: The Million Dollar Wiki, Inc.
Send2Press® is the originating wire service for this story.
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DISCLAIMER: the above article is believed accurate but not guaranteed, and is based on business news supplied by the source (The Million Dollar Wiki, Inc.). The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope or Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.
REFERENCES: College Student Cashing in on Million Dollar Wiki Website, Graham Langdon, The Million Dollar Wiki, Inc., website similar to Wikipedia.com, student at the University of Connecticut, auction, life of the Wiki, advertising, domain properties, wikipedia auction, MillionDollarWiki, Jun 15, 2007.
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