I think people will click out of boredom, so I'm going to monetize it with adsense and affiliate banner links from console gaming companies. The top result is urban dictionary, so I picked ads that would appeal to that crowd, as based on their demographics off Quantcast.
If it doesn't work, it cost me $9 and 2 hours, and oh well. If it works, great.

Hmm! \I think you all have too much free time so are not marketing hard enough (Oops! that includes me) so you wander around bored reading Blog of the Day and checking on keywords such as ASDASD! Like Kyle I think monetizing it may be difficult though, but for the lady that grabbed the dotcom I would use a phrase such as Kyle suggested just for fun and see if it converts you may have the last laugh yet!

A lot of people I think are very bored and finally just a keyboard dance. Not sure what would be targeted to the "asdasd" niche, but maybe something relevant to being bored and spending to much time in Google. "Want to turn your time online into a business or something productive...the stop typing ASDASD into Google!"

Yeah. I actually found it because I was checking if my internet is working. The reason why there is no competition is because people aren't really looking for something when they type that phrase. So whatever the results are on the first page don't really interest them. I would think the traffic that those pages get are very less. So unless you have a very enticing title, don't expect a lot of traffic from those searches. Rocktivity - Yeah, it can be a product name. Like an acronym for something. Could also be an internet meme. As D_____ as D_____. As dreaded as dumbledore? I am not very creative :(

How did you find this out? By accident?

For jokes and giggles, I went and grabbed asdasd.co. I have no idea where it will go, but I think I'm going to give it a shot.
Thanks for the tip :)

Sure you can monetize it -- just make it the name of a product, LOL!

Did you discover that Andy? If anyone knows about it, then why isn't there competition? Nice phrase. I can see it used in lots of ways. Thanks for sharing.