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 … [Read more...]
Websites and Domain Names to Become Insignificant within 20 Years or Less
LONG ISLAND, NY – Ten or twenty years ago, if you wanted to find information a search engine such as Yahoo would allow you to simply type-in what you were looking for, and countless websites would appear with information related to your search. Sometimes, ugly websites would appear that had keyword-stuffed their pages with the search string, but often you would be able to find what you were looking for within a few clicks around; and your answer was always on a website or web … [Read more...]
Making Their Mark: “Big Brands” Invest Hundreds of Millions on .Dot Alternatives
NEW YORK, NY - Regardless of what your position is on new gTLD domains "Big Brands" are buying in hook, line and sinker while ICANN is raking in hundreds of millions of dollars on new gTLD fees. Each new application cost its applicant $185,000.00 and with it, an annual maintenance fee of $24,000.00 (yearly recurring). This doesn't include potentially hundreds of generic domains that were applied for and went to auction (I didn't count each one [Full statistics here] … [Read more...]
Episode 128 of Domain Name Wire Features Internet Commerce Board Member
NEW YORK, NY - This week, listening to the Domain Name Wire podcast (Episode #128), not only will you find out all about what’s happening in the domain space recently, but you’ll also have the opportunity to listen to a board member, Zak Muscovitch, discuss what exactly the Internet Commerce Association is and why it exists. “For the Interest of Domain Name Investors and Domain Name Owners” That’s basically what the ICA is, according to Muscovitch. DNW host Andrew … [Read more...]
Schilling Comes Clean on Domain Hike; “Understands Price Increases Unpopular”
The world is in an uproar at the moment – the domain world that is. New gTLD domain names, those under the Uniregistry umbrella (which is a lot of them), will experience “significant” price hikes in the coming years, some of which could be up to 300% higher than originally released at. The domain community is not happy. There are many good reasons why people are in an uproar; for one, you have domain investors who may have purchased large numbers of these domains; second, … [Read more...]