Monday, November 2, 2009

More On TV.

As mentioned before, Tvualu pretty much has no industry, and next to nothing of an economy, with one of the smallest GDP ratings in the entire world. Tuvalu has certainly made do with what little they have, and gained millions of dollars in web hosting, using the net extension .TV . The majority of Tuvalu's revenue comes from this bizarre use of native property, and it was really quite and inventive solution to help link up Tuvalu with the world economy. In 2000, Tuvalu signed a contract for a 12 year lease of the domain, for 50 million dollars.

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