new gtlds 456.xyz for $792. Cheap?

[Arpit131]

I just saw the sale of 456.xyz for $792 on NameJet.
This is the highest reported NNN.xyz sale till date according to NameBio.
The only 4 figure reported .XYZ domain sale was that of Deals.xyz for $8,113.

Did 456.xyz go for cheap/more/ right price?

How do you valuate new gTLDs? Especially NNN in new gTLDs?

 

[vivaldi]

.xyz is a total waste of money if they don't get an audience in China.

The .xyz means nothing to the general public, who are they going to challenge? .com? Not gonna happen.

 

[wot]

Perhaps the buyer had a good reason.

Maybe too much money in his wallet and needed to lighten it!

 

[dotplus]

I know what have happened. my friend get 456.xyz , we come from china and we love .xyz domains.

 

[wot]

I know what have happened. my friend get 456.xyz , we come from china and we love .xyz domains.

So where does .xyz come in terms of extensions preferred by Chinese, I would have guessed:

.com
.cn
.cc
.?
.?
.wang
.top

With .xyz as an also ran?

 

[dotplus]

I personally think .com .cn .net .org is popular ,but .xyz is also began to be accepted by chinese.Other is purely operated by Domain name registration office

 

[dongxu]

I am Chinese，Favorite order is com /cn/com.cn/net/cc

 

[dongxu]

Other rarely used in China

 

[JB Lions]

I know what have happened. my friend get 456.xyz , we come from china and we love .xyz domains.

It's good somebody is giving it some love because according to - https://namestat.org/xyz only 7.6% of the regs are in the United States, while over 70% of them are in China. So maybe the "next .com" is really the next .cn.