Another Cool $25 Million Bet on New gTLDs; The Next Best Thing Since Sliced Bread
LONG ISLAND, NY – Another cool $25 mil was spent on the next best thing to a .com, a dot Art domain. Now that’s a lot of Fishnagles if you ask me. Is it going to pay-off dividends? We’ll all have to wait and see; but if you asked Mr Ulvi Kasimov who won the bid to operate the .art domain, I’d bet he would tell you it’s going be worth every single cent. And you want to know something? I think this guy might actually be right on this one.
Editors note: A comment below disputes the $25M number a $16M, but as reported by the Washington Post in The Straits Times, that is what was reported in the story published in print and online dated MAY 8, 2017.
Art is currently in the Preferred Access Period and will open for General Availability in three days on May 10, 2017 for as little as $15.00 US per registration; at least it’s a reasonable registration fee unlike many other new domain name addresses which have opened up recently.
Like many other gTLDs there are lots of URLs being snatched-up during the preferred access period as will many – many more be snatched-up during general availability; most as defensive registrations, but .Art does look somewhat promising if you ask me. Here is why.
In general, artists, designers and especially philanthropists (artsy types) are heavily involved in culture and social change and are generally very creative, interesting and affluent people who I could see this new domain having an immediate appeal with this audience.
These types of people are always ready to stray from the norm. They do crazy things, wear flamboyant outrageous clothing and try their best to stand-out like a sour-thumb in the crowd; they eat that stuff up. I think this will contribute greatly to .art performing much better than the average new gTLD.
- Some geographic .art domains which are already taken are: michigan.art, utah.art, connecticut.art, newjersey.art, wyoming.art, maryland.art, wisconsin.art, minnesota.art, idaho.art
- Some short, catchy or otherwise interesting .art domains which are already taken: browse.art, cma.art, axg.art, dropsofcolor.art, acegallery.art, thal.art, artpoint.art, artinstitutechicago.art, valerygrancher.art
If you would like to pay a little extra to grab your .art domain now, you can register one during the Preferred Access Period; head on over to https://art.art. If you prefer to wait till general availability, you’ve got just three days to go when the prices will drop down significantly on May 10, 2017.
As mentioned in previous articles (if you have followed my writings), I’m not the biggest fan of the new .urls, but I do have some of them and I do dabble purchasing and developing them, but I feel this .art will do a little better than the average dot, due mostly to its audience; it should actually do a lot better to be honest (in my opinion).
About The Author: John Colascione is Chief Executive Officer of SEARCHEN NETWORKS®. He specializes in Website Monetization, is a Google AdWords Certified Professional, authored a how-to book called ”Mastering Your Website‘, and is a key player in several online businesses.
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Excuse me? The tld got $25million at auction? I very much doubt it. A very ordinary sounding tld in my view.
it was closer to 16
was reported as 25;
http://www.straitstimes.com/lifestyle/arts/new-internet-domain-to-bring-art-into-the-21st-century
In 2010, he paid about US$4.4 million for 32 works on paper by 19th- century Russian artist Karl Bryullov. He then set up a mutual fund whose asset was the collection. The fund was listed on the Moscow Stock Exchange and investors could buy shares for as little as US$10,000, he said. He did not sell any.
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His last biz venture.
That’s not accurate. It was 16
Okay, $16 million, still a very sizable investment from a very astute investor.