Tuvalu is a small island in the middle of the Pacific Ocean, and among the the poorest nations in the world.
Formerly known as the Ellice Islands, Tuvalu is a Polynesian island nation about midway between Hawaii and Australia, lying east-northeast of the Santa Cruz Islands; it gained independence from the United Kingdom in 1978.
Despite its global rankings in the world’s economy, Tuvalu is unique: it makes 10% of its annual national earnings, by leasing out the rights to dot .TV domains.
That coincidental fact has been documented in a 5 minute video, titled: “How This Island Got 10% of Their Money by Chance.”
Check it out below.
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What an awesome video. They were able to make enough money to join the United Nations. That is awesome. I feel partially responsible for that!
From now on when anyone asks why i am a domainer, that will be my reasoning. 🙂
Thanks for sharing. Very cool.
What a pity they weren’t called dotcom
But if a country happens to have, say, large oil reserves like Saudi Arabia, that’s somehow not “pure chance”?
John – It’s definitely by pure chance, or due to Allah being great – depending on which side of the Arabian peninsula you are at.