- Impact
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Let's solicit the .com registry towards it.
And when someone dies/divorces, or just says, 'the hell with domains", those domains will be lost forever...
How are we smearing Bob? Bob appears to be the CEO of CEO's, of Domain registrars. He is dynamic, always working, get's stuff done immediately, and a nice guy.With all due respect, cuz i know this is genuine concern:
https://yourlogicalfallacyis.com/slippery-slope
The technology is there, even the consumer is scared to embrace it. i believe “forever domain” increase liquidity be enamored with perpetual digital sovereignty, still have ‘rags to riches’ -without BS 10 year max subscription.
I believe in the Epik mission and brand. Admirable, instead of putting down Rob, or move thread to Promotion (?) (it would be cool if this was standard...) that’s the discussion worth having — w/o smearing Rob.
I thought I read somewhere they pay ~$7 to ICANN.I spoke with a friend who runs his own domain-registrar.
He said he is paying about 1 USD (or less) per domain per year.
So the domain-registrars are actually making a lot of money.
How are we smearing Bob? Bob appears to be the CEO of CEO's, of Domain registrars. He is dynamic, always working, get's stuff done immediately, and a nice guy.
Can we not disagree with him?
That most definitely is not true for .com domains. Verisign wholesales .com domains to registrars at $7.85 each.I spoke with a friend who runs his own domain-registrar.
He said he is paying about 1 USD (or less) per domain per year.
So the domain-registrars are actually making a lot of money.
That most definitely is not true for .com domains. Verisign wholesales .com domains to registrars at $7.85 each.
I suspect mainly from other services such as web hosting, from renewals at rates that do make money, or from other related services such as domain marketplaces, agents, etc.if the wholesale-price from Verisign towards a Registrar is the same as the retail-price from a Registrar towards an end-user, then how do you think a Registrar is making any money ?
when registrars offer domains at less than their wholesale cost to registry they are losing money
Bob
Sadly in a lot of companies/businesses these days, the motto is: If we can get your money we will. A corporate culture for many. We consumers have to have a conversation about this concerned reg fees, which this thread is doing.Forever domains sounds good if it's somehow guaranteed to be Forever although like most other Forever things like "lifetime warranty" it might be more of an advertising and branding tool than being what the word actually means.
Nevertheless why do we have to pay so much per year for a domain in the first place, I know that at the beginning it was necessary to charge something to get the internet infrastructure in place, but now that there are almost 300 million domains registered Worldwide why shouldn't the registry price of for example .com go down considering that the number of registrations have been steadily increasing and in a few years they might be double of what they are today.
I believe that when .com registrations reaches to 200 million the registry should be charging 99¢ per domain plus 2 or 3¢ for ICANN fees.
IMO
if the wholesale-price from Verisign towards a Registrar is the same as the retail-price from a Registrar towards an end-user, then how do you think a Registrar is making any money ?
if the wholesale-price from Verisign towards a Registrar is the same as the retail-price from a Registrar towards an end-user, then how do you think a Registrar is making any money ?
perpetual digital sovereignty
The problem I have with Escrow.com being upset at Epik (@Rob Monster), is that Epik actually isn't Escrow .. it's a better replacement to Escrow because the transactions are instant. So it's like an Escrow .. has all the markings of an escrow transaction .. but since the transaction is instant and the funds<>domain gets exchanged at the same time, then there really isn't any holding time, and thus it's not an Escrow much in the same way Zero isn't a number but most people call it a number anyways. So the actual need for "escrow" becomes obsolete by the very nature of it being instant.
Even worse .. is that Escrow.com isn't even a real Escrow itself, because unless you pay double the fee for their concierge service, your domains are not protected in anyway throughout the transaction. Now there's no doubt Escrow.com will do their best to track down and resolve any issues .. but in theory you could transfer the domain to the buyer, and he or she can claim they never received it! It's a huge flaw in their system and most certainly not in any way an air tight escrow .. specifically on the domainer side.
I honestly haven't looked at Escrow.com claims in much detail because they are right in that Epik isn't Escrow .. Epik's actually a better alternative that makes the need of having an escrow in the first place obsolete ... oh yeah .. and if your Epik account is tagged as a NamePros member .. the whole thing is free of charge if the buyer pays by wire!
That is some wisdom right there. All that time @Ategy.com is not spending walking Steamie is working out to make him insanely articulate and concise too. What in the world is happening????
You need to be more specific ... this thread has drifted quite a bit! loldont understand that...
dont understand that...
Even worse .. is that Escrow.com isn't even a real Escrow itself, because unless you pay double the fee for their concierge service, your domains are not protected in anyway throughout the transaction. Now there's no doubt Escrow.com will do their best to track down and resolve any issues .. but in theory you could transfer the domain to the buyer, and he or she can claim they never received it! It's a huge flaw in their system and most certainly not in any way an air tight escrow .. specifically on the domainer side.
The money actually isn't so much an issue as people think .. effectively at $392 ($400 - first year cost), they only need to make about 2.6% a year interest on the money for the renewals to effectively be paid by the interest alone. The math is definitely there to support such a plan unless there is a huge crash at the start with no significant re-correction for years. So sure it's possible .. but very unlikely. Even then, if the money of all such forever registrations are pooled together, it mitigates the effects of something like that having a significant effect.