![]() Why anyone would build a website on such a shaky foundation, where future costs are uncertain, is beyond me……. I’m guessing most registrars don’t tell their registrants this critical information. Read the registry agreements for your new gTLDs carefully. Remember, registry operators of new gTLDs can raise prices at will, with only a notice period requirement. Of course, the insiders at ICANN made sure that this did not happen. Of course, this issue would not exist if there had been pricing caps in place from the start (as I and others argued in the numerous comment periods, etc.). The industry needed 22 to 32 years to reach a maturity. The first domain was registered back at 1985 and it was a dot Com, yet majority of the Million Dollar domain sales took place between 2007-2017. Nice move by dot Com speculators against their biggest competitor: the new gTLDs. Pure speculation that hits the top news on every domain related media available on the Web.Įver since the news about travel.agency, there have been dozens of topics created on domain related websites. I personally believe that the owner of travel.agency is still the same person since the day it was registered. Most of you know that travel.agency sold for 3000 USD in the beginning of this year.Įarlier travel.agency sold for $9999 at Flippa in May 2016.Īnd today Travel.Agency directs to a ridiculous domain name : There are thousands of generic names available to be registered.Ĭomparing to dot Com, where people registering 4 letter non-sense domains or ridiculous made up (brandable) names. The demand on new extensions excited millions of people all over the world since it is an unexplored land on Web. When you see the statistics, dot Com domain sales dropped dramatically since the new gTLDs introduced to the market. The new gTLDs have been the biggest nightmare for the serious dot Com investors and will continue to be. Why? Because before the new G era, "the domain investors" invested on millions of dot Com domains, even a regular domainer today held hundreds of domains in their portfolio. There is one thing which is crystal clear about domain industry :
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