Web hosting services provider Fasthosts has teamed up with Sedo, the world’s only global domain marketplace, which will enable its clients to acquire formerly registered domain names through Sedo’s safe and competitive secondary domain marketplace.

Stephen Holford, Director of Product Marketing, Fasthosts said, “The Sedo community of domain owners represents a very dynamic global market for Fasthosts. It offers domain solutions for a variety of audiences from large and small domain name resellers to individual domain customers, but all of them can take advantage of Sedo's comprehensive secondary marketplace services.”

Sedo, which stands alone as the world’s only worldwide domain marketplace annunciates that it has sold gays.com via its online domain marketplace.

Internet entrepreneurs, Julius and David Dreyer of Germany have purchased the domain name for $500,000.

The company said 82 domain names changed ownerships through Sedo Auctions during the first week. The report also showed the sale of tractors.com for $153,500, w2.com for $31,000, flirty.com for $27,000, and playback.com for $22,321, says the company.

Matt Bentley, Chief Strategy Officer of Sedo said, “Online auctions are a natural transition for the domain industry, ensuring that names are exposed to a maximum number of buyers and names are sold at their peak marketplace value.”