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new TLD'S "Failing" and drastic price discount

Data Glasses

Top Contributor
A shame premium gtld names don't carry an average premium renewal price, so we can gain a better understanding of 'value', this is a big factor in purchasing imo
That is their downfall, unknown extensions, unrealistic renewals ... no control if the registrar raise the renewals = FAIL
 

Data Glasses

Top Contributor
Sounds like .tv all over again where a lot of bids/offers are fake by people trying to pump an extension. Most of the Chinese auction results (for many different ntld extensions) were in the same boat.
Now I realise what you are referring to, the 365/Tv auction was bid on multiple times by First at Namejet. But here's the thing, First is apparently a conglomerate of chinese investors. They may have been bidding against each other?
 

snoopy

Top Contributor
Now I realise what you are referring to, the 365/Tv auction was bid on multiple times by First at Namejet. But here's the thing, First is apparently a conglomerate of chinese investors. They may have been bidding against each other?

Wasn't think of that, just .tv generally, e.g. england.tv.

Not sure on 365.tv, it sure is a very odd sale though. Probably fake.
 

snoopy

Top Contributor
First official ntld failure - .wed. ICANN emergency procedures invoked.

.wed, run by a small US outfit named Atgron, has become the first non-brand gTLD to be placed under ICANN’s emergency control, after it lost its back-end provider. DI understands that Atgron’s arrangement with its small New Zealand back-end registry services provider CoCCA expired at the end of November and that there was a “controlled” transition to ICANN’s Emergency Back-End Registry Operator program.

"The key thing keeping registrars and registrants away in droves has been its policy that domains could be registered (for about $50 a year) for a maximum period of two years before a $30,000 renewal fee kicked in."

http://domainincite.com/22372-as-wed-goes-ebero-did-the-first-new-gtld-just-fail
 

snoopy

Top Contributor
I thought this article was a classic example of how things go for those using new tlds,

"Blockchain Company Swarm Fund Acquired Swarm.com"

The Swarm.com domain is currently redirecting to Swarm.fund, a domain that was registered by Swarm's co-founder Joel Dietz in 2014. Based on an archived version of the Swarm.fund website, the domain was used in conjunction with the Swarm.co domain. Interestingly, Swarm.co was acquired via Sedo in August 2014 for $5,500 and subsequently sold in 2016 for $2,500.

The Swarm.co domain name is now owned by an insurance company called Swarm, who are operating on the domain Swarm.me.
https://www.namepros.com/blog/blockchain-company-swarm-fund-acquired-swarm-com.1066480/

What an absolute mess, where 2 companies just go through multiple extensions because they are just on the the wrong tld.

One has eventually bought the .com thankfully, but you can see the other company swarm.me/swarm.co has exactly the same issue. Seems to be many cases of companies starting on the wrong tld and buying more wrong tlds to try and fix it.

If swarm.me is ever successful they are probably going to have to rebrand completely with the .com now used by a well funded company.
 

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