I am pretty sure this is the easiest domain development ever. It is also the cheapest — you can build a live SEO-worthy site for under $1 by using a .info domain and powering it with a free Epik Wiki.
The .info TLD is perfect for Wikis and Godaddy lets you register them for $0.89 for the first year. Starting a little more than a year ago we registered a few thousand .info names and began experimenting with using DevHub to power reference sites. Contrary to rumor, the .info domains indexed fine to the extent that there is worthwhile content. Even though we won’t renew them all, we successfully verified that you can develop a .info that will rank in the search engines. Of course the same works for other TLDs.
Here are the steps for building your $1 Wiki site:
1. Register a .info with high search volumes, e.g. 500+ exacts. There is no shortage of topics — people, places and things — with high exact search and for which a dedicated Wiki community is justified. If you are not ready to take on full development, you can build a free Wiki instead.
2. Set the DNS to:NS1.EPIKWIKI.COM and NS2.EPIKWIKI.COM
3. Visit the new site. This activates the Wiki site, which can take a few minutes to complete. If you have an identity.net account, you can login and edit the site.
4. The WHOIS registrant will receive a confirmation of the new Wiki as well as add your Adsense publisher ID. The site will be listed in the Epik marketplace. As your traffic grows, the valuation of your site increases.
That’s it. You are done. If someone edits the Wiki site, you are notified via email along with anyone else who signed up for the newsletter for that site. And with the Wiki marketplace, you now have 1 full year to find a buyer who will pay you more than $1 for a site that requires zero training to manage.
Importantly, the model scales. A developer can start with a $100 domain development budget. With that $100, you can have 100 sites. You now have one year to sell any one of them for $100, or generate $100 of ad revenue across 100 sites, in order to recoup 100% of the original investment.