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Let's solicit the .com registry towards it.
yesLet's solicit the .com registry towards it.
I feel that we still remembered about alpnames case, forever registration is only another option , its not ideal solution in some situation
Or, better yet, choose your Forever registrar wisely.
Or, better yet, choose your Forever registrar wisely.
Maybe he should dye his hair. lol I will put a wig on.Theres no way for anyone to know if Epik or any other registrar will still be around and honoring these 50 20 ot even 10 years from now.
Ya 2.6% until .com prices go up which now with the new contract they will almost certainly. The new contract allows verisign a 7% annual increase in the last 4 years of every 6 year term. I see no reason why cerigin wont go for the max price increases. Over time it will not be sustainable.
Quality example of a great domainer experience with ethics assisting in domain recovery without exploitation and being compensated on time with happy customers. thumbs up.As a domainer of only 3 years, I've already resold an expired domain I got at auction back to the original owner. I gave it to him relatively cheap because of the circumstances .. but it was still more than $392.
Not really ... 7% growth on $7.85 is $0.55 .. to make up the difference we're talking about needing an extra 0.14% in return on the $392. Plus I based my initial calculation on after the 4th 7% hike.
At $392, they only need to make 2.00% interest to pay the current $7.85, then the cost increases to the fund is 0.14% more for every 7% increase in registration. Considering the average market performance is significantly more than that, unless there is a huge unrecovered crash at the start (and even then it probably would be fine), then there really is no danger unless a registrar closes for other reasons.
2.6% was actually the amount after the 4th 7% increase in wholesale renewal cost. While the difference between 2% and 2.6% might seem like alot, it's based on the same original $392 .. and we need to keep in mind that the markets will likely outperform that to increase that base $392, which in turn would mean actually needing less than 2.6%. In fact, if we go by theoretical averages, the fund should actually grow in the long term, making the financial viability truly "forever".
The only issue is a serious crash at the start, which certainly is possible given the very unpredictable state of the world today, but it would have to be worse than the worse crash ever with no recovery. The chances are far more that a registrar uses the funds for something else and then also goes bankrupt for different reasons.
For most people, it's no secret that in terms of a pure money play, you're better off paying year by year and keep the extra $392 in the markets collecting interest yourself. However, it's important to keep in mind that this forever option is not about that .. it's about security and stability .. which is worth vastly more than $392 if you have an important domain or a big company. As I said .. forever domains really aren't good for domainers for many reasons .. but they can be a very good option for end users depending on their company and circumstances.
As a domainer of only 3 years, I've already resold an expired domain I got at auction back to the original owner. I gave it to him relatively cheap because of the circumstances .. but it was still more than $392.
There are tons of pros/cons regarding forever domains .. but the financial viability of the concept when initial price is 50x, really isn't an issue in any way. That's not to say a registrar couldn't go bankrupt for other reasons, but as long as they charge around 50x of the current renewal cost, they won't go bankrupt because of forever domains unless market fundamentals turn on their head.
Maybe he should dye his hair. lol I will put a wig on.
Or, better yet, choose your Forever registrar wisely.
Doesn't really make sense for domainers. Already a long thread talking about all of this and all the problems.
Good for registrars, lot of money up front. But most domainers are trying to sell domains, not keep them forever. It's money better spent elsewhere, like other renewals, new acquisitions. Then it doesn't transfer over. You buy a forever registration at 1 registrar, it's stuck there.
Not sure if this was ever addressed, but the Escrow thread you linked to, Barrie said you approached him to sell Epik. What if that took place, does the new owner have to go along with it? Then again the other point, you can't transfer to another registrar. You could sell a domain with this kind of reg but the new buyers might have their own favorite registrar.
You guys can just set your domains to auto-renewal at your favorite registrar already if keeping up with renewals is too much for you. Or reg them for more than just 1 year.
I wouldn't vote for that business model. Prefer current model where domains expire and one can actually make money from them.
Thanks, but not responsible for this thread, if that is what you are implying.
No I was just poking fun at your mistype lol
@Rob Monster .. you might want to edit the fine print from:
" ... then Epik shall renew the Forever Domain for the maximum period permitted by the applicable domain registry that governs said domain"
To this:
" ... then Epik shall renew the Forever Domain for the maximum period permitted by the applicable domain registry that governs said domain for up to 10 years"
Because it seems there are some TLDs that have allowed over 10 years. I want to guess .ws had 99 years at one point .. although not sure if it was a similar registrar-level promo. Either way .. best to cover your butt .. because much beyond 10 years and the math starts to break down. Also, with ICANN, you never know what the heck they're going to allow/disallow/change next!