3 ms·

I don’t get domains. There seems to be plenty of competition between them, especially with the introduction of gtlds. So why isn’t there downward price pressure

I don’t get domains. There seems to be plenty of competition between them, especially with the introduction of gtlds. So why isn’t there downward price pressure on domains? Why do I pay someone at least $10 a year for a tiny few bytes of data? How can we break this? Should we do a crowdfunded gtld for a not-for-profit permanent gtld?

donmcronald 7y ago
The new gTLDs have a pricing problem IMO. All of them are more expensive than .com, which is the "best" domain, so they look overpriced. Plus, the premium registrations are incredibly poorly thought out. For example, you can buy wifi.cloud for $55,000 up front plus $1,100 per year or you can go to afternic where the minimum offer on wificloud.com is $2000. Which would you rather own (neither IMO, but...)? I think the new gTLDs would have done better if they'd have positioned themselves as a small business alternative to domain squatters. A small business would be excited to have pc.tech for their website, but not for $10k/year. IMO, you'd be better off buying a good, generic .com off afternic for $100k at that point because you'd be breaking even in about 15 years (assuming 6% interest) plus it has some resale value if you don't make it 15 years.