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Amidst the back and forth mincing of dialogue concerning a private equity firm, Ethos Capital, purchasing the .org registry, ICANN and Verisign turn heads and make news headlines with its “pay to play” move to increase .com prices.
Domain investing blogs — DomainNameWire.com, DomainInvesting.com, TheDomains.com, OnlineDomain.com, RicksBlog.com, DNIncite.com, and many others — have long sounded the alarm about Verisign’s pure play for billions of dollars — $2 billion dollars based on back-of-napkin math — in profit, dating back to mid 2018 and earlier.
While old news to most domain industry professionals, Verisign’s latest bribe and ICANN’s abdication of price regulator to the U.S. government places domain investors dead center in the crosshairs of slight to complete elimination.
This ICANN and Verisign staged heist will wipe out a good percentage of domain investors while both laugh all the way to the bank.
What's your plan to financially prepare and protect your domain portfolio? Are you likely to renew .com domains for 10 years?