New Development in Domain Industry
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Domain Industry has being in existence for some few decades now, those who are interested in domain
business are getting more keenly interested, and series of revolutions have
happened time without numbers.
In line with all of the above concepts in place; and
because the generic domain names are no longer available for millions of
startups, who are eagerly willing to go online; but could not find any good
domain names for their online presence; is one of the major reasons among others
that compelled the ICANN to look for the means of widening the online space, and
thus the emergence of New Generics Top Levels Domain (NewGTLDs), in order to accommodate
thousands of the new startups’ web shops presence online.
And In 2014 ICANN began the release of thousands
of NGTLDs into the market; but before then, applications were collected from hundreds
of applicants, who applied for the new extensions as registrars; including the
renowned online giants – Google, Amazon, and many others as such.
At first, when the ICANN initiated the idea of
NewGTLDs; there were lots of mixed fillings among domain investors, to the
extents that, many were saying the new innovation was not likely to work out; that
the internet market may become saturated for too many new TLDs/ extensions, and
that, such is likely to cause confusion as there will be too many related names
availabilities in the market. For example: abc.com, abc.nyc, abc.xyz, abc.xxx,
abc.club, abc.onl, etc. etc.
Honestly, in my own views, too many extensions
are been released at the same time into the market and looks ridiculous.
However, this innovation is the major reason behind many online giant
companies, including Google to have registered many domains and it seems; is
also giving them sleepless night and could be reason why they are working on both
days and nights for fear of domain hacking, as it could cause problem for them.
In my own view; I belief it is the main reason why they have bought and registered
many new domains within 2015 alone; they have established abc.xyz
and alphabet.xyz as their major Urls and possibly for security.
Recently, you are aware they have acquired some
series of names, like abcdefghijklmnopqrstuvwxyz.com etc. You may also agree
with me that many new NGTLDs released at almost the same time are too many for
the online market; compared with the numbers of people on internet and many
more are still coming in this year. Something like .auto, .bank, ..barcelona etc. Please visit here to see the new extensions coming in this year 2016 alone.
Chinese Domain Investors on NewGTLDs
The Chinese investors on their own way are
seriously working hard on short domains on .coms TLD and .cc, .cn, and .wang. But
I have not seen much interest in them for NGTLDs as such, but they have soft
spot for .top extension
These scenarios have started around 2014 and many people
thought it was a bubble and domainers are because of that selling their virtual
properties cheap and as quickly as possible. But just of recent, we are seen
more and more networks of domain investors who are ready to invest their last
cents on the business to make more wealth; different strategies are adopted to
make money and so also every western domainers are
making money.
What I have seen new, in the domain industry is the different
type of business orientation which is now in place; many are now working
together with experienced investors and with quite wealthy set of investors.
Though, there are still solo types of working scenario like before, but in the
recent time, networking of some big time investors are really improving their
portfolios. They have seen the possibilities of working together as a joint team
to combine experience with wealthy investors with huge sum of money in order to
be able to buy something like 4,3,2 and 1, Letters or Numbers; such liquid
domains within five and six figures upwards.
As a backup to my writing, just this last week, Ifound an interview conducted by James Iles on a 19 years old boy who
is another namepros member with ID @ErwanKina narrated how he and his team had presently
starts acquiring some big time domain names with some set of wealthy domain
investors.
Secondly, another investor is Alli Zandi who also is a new but great
domain investor who is also working with some set of wealthy people as a team.
I believe that with networking of wealthy
and people of great interest in domain business could soon lead domain investors
to rank on forbes list of billionaires in the nearest future.
Cheers.
Having any comment? Please do not hesitate to write it and we
shall respond in no time.
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