Why do people capitalise web addresses!?

Question

Why do people capitalise web addresses!?

Answer 1

Although it is intangible, if the ownership of a web address meets the criteria of an asset in the accounting standards it can be capitalised. The basic criteria is something like it resulted from a past event and transaction and has a future economic benefit (eg, will result in some income in the future). There may also be specific accounting standards relating to that type of asset. These days, major websites can be significantly valuable.