Wednesday, September 3, 2008

Pawn Shops Are Online Now.

When I seen this website it was like a "I can't believe I haven't seen this before" moment. The idea is simple, you use domain names you own to get money ( either by pawning or selling).

DigiPawn Members can buy the domain names that people have pawned (and have not paid back the loan). At least that is what I read while signing up for an account, but I cannot find the "buy domain" section of the website (I could be wrong about buying domains, it makes sense that they would sell as well as buy.).

I have a few domain names, maybe I will pawn one just to see how it works. (if you have or are going to pawn a domain name on DigiPawn.com, let us know here!






From DigiPawn.com:
DigiPawn is an Internet pawnshop devoted to meeting the needs of customers who cannot obtain loans from traditional sources like banks.


The idea of a pawn shop for owners of intellectual property was developed by founder Rick Latona and is based on his vast experience as a pawn shop owner in Lakeland, Florida. In fact, DigiPawn is a licensed pawnshop existing under the laws of the state of Georgia.

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