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Donate Domains To Bloggers. My Site

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I'm planning on starting a site soon that will allow visitors to donate money, which will be used to purchase domains for bloggers.Bloggers who have a decent existing blog with moderate traffic can apply for free domains.This is to promote good blogging, expose great bloggers/writers to a greater audience and is intended for those who are not able to afford a domain.What do you think? Is this a good idea? Would you apply for a domain? Would you donate for this cause?

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