Wiki.com Sold for Almost 3 Million

The current web-craze has a slew of websites contending around the same space.
There is the social network space, dominated by Myspace. The video
space dominated by YouTube. And while Wikipedia is the largest wiki, the wiki software area is still competitive.

How competitive?

Wiki.com was just sold for almost 2.9 million dollars

Dynamo.com has agreed to sell Wiki.com to John Gotts of Searching.com for $2,860,000. The contract (which we have seen) calls for Gotts to make six monthly payments of $10,000 each, followed by a huge balloon payment of $2.8 million before the domain is transferred.

John Gotts struck gold before with adware.com – can he pull it off again?