- Impact
- 146
The curtain has been pulled and I think the bidding on the geo's will come as a surprise to some today,
Japan.tv $10,099
Germany.tv $10,099
I thought there would be some level of support still existing in the market but people voted with their wallets today. After 4 years of failed development attempts by domainers and hundreds of thousands in wasted reg fees people have come back to reality on these names.
I think it is pretty apparent that alot of the prior geo sales (even recent ones) that some have grossly overestimated the market.
I've been saying for a while that the geo's .tv's are not the gold standard, they are mostly "trophy names", typically somewhat vague names that are very hard and costly to develop. Even still two sold today are far better targeted than most. Obviously transactions like Italy.tv and California.tv are looking pretty poor today in comparison.
Japan.tv $10,099
Germany.tv $10,099
I thought there would be some level of support still existing in the market but people voted with their wallets today. After 4 years of failed development attempts by domainers and hundreds of thousands in wasted reg fees people have come back to reality on these names.
I think it is pretty apparent that alot of the prior geo sales (even recent ones) that some have grossly overestimated the market.
I've been saying for a while that the geo's .tv's are not the gold standard, they are mostly "trophy names", typically somewhat vague names that are very hard and costly to develop. Even still two sold today are far better targeted than most. Obviously transactions like Italy.tv and California.tv are looking pretty poor today in comparison.