Hats of to: Individual investors willing to participate in efforts to expand and adapt to a changing market. win or lose.
What is good about that? A market where domain renewal prices are controlled by the registry is a market where the species domainers will soon become extinct? And we should buy into it?
If you want to adapt you make sure that you don't finance your competition.
The domain game in the new Gs is a game that is played by the registries. This is not a market or an opportunity designed for you.
The only reason why domainers are still allowed to play it(to a certain extent as many or most of the good domains are already reserved or premium priced) is because end-user demand isn't simply there for many of the lower quality domains. That is why they need domainers to buy domains that are worth less than regfee.
If demand from end-users were ever to go up you would soon see the regfee domains to be premium priced too.
A recent example. .
XYZ used to be free for everyone with no premium pricing when they launched. As they would enjoy a certain degree of success and domainers started to register even lower quality domains, better .XYZ were suddenly premium priced. Now you pay $15k/year for any 2L for example and $xxxx for a better keyword.
Basically the free for everyone was a nice PR stunt. Once they had reached their goal they got greedy and priced domainers out of the game.
Now what would happen to regfee priced domains if .XYZ became even more popular?
They would again rise prices so that only domains that are worth less than regfee are available for domainers.
You can see how the game is played and will continue to be played.
Basically many of the new Gs depend on suckers financing their operations. If they survive thanks to domainers financing and become successful, will they thank domainers for the financial support and hand them over free domains or will they price them out of the market?