What are the .Art domains registered by namePros members here?
Someone sometime said: It's all rigged! heheWhat a scam the .art registry has going. They let customers, like me, preregister names at like $11.99 or something, at AlpNames, then today I got an email that the name was, "mis-priced" and now was re-priced at premium. So in effect, they took every name that someone was interested in, and jacked the price up to premium! They used customer interest as a gauge of what to hold back as premium, under the guise of a paid pre-registration program! Total BS!!
You have to play it like poker, don't show your cards!Someone sometime said: It's all rigged! hehe
What are the .art domains registered by namePros members here?
The majority of end users aren't interested in the kind of keywords that Domainers are. They want their real name, their trading name and many of those are non-premium. I should know, as I've been browsing through the .art zone file daily for the past few weeks.
What are low registration numbers? There's a thread on DomainNameWire regarding .ART where Drew doesn't believe that .ART will achieve 5,000 registrations in one year. Clearly, he hadn't been studying the data which suggested at least 8,000 domains excluding General Availability and without all the major Registrars on board. With General Availability, there was a recorded 1,355 domains registered within just a few minutes of launch. We'll all know more tomorrow when the zone files are published, so appears to be a very healthy take on G.A. Day #1 and I wouldn't be surprised if the zone expands from 2.3k to 4k registrations in 24 hours. It'll certainly smash the scepticism of only 5k registrations in 12 months.
You talk about greed but my observations are that many here are middle men, resellers, taking a cut of a mark-up in pricing. I'm confused by how you define greed. Ulvi Kasimov (.ARTs founder/investor) is rumoured to have invested $25M into .ART - that's quite some investment, vision and risk on his part. I would have thought that greed is about taking than giving. He's given quite a lot and as a businessman, will expect a return on that investment.
With any start-up, there's going to be a learning curve and only natural that some of those will have under-estimated their business model where don't 50% of all start-ups normally fail within 2 years? The domain industry shouldn't be any different. But will the extension and namespace have failed? Very unlikely, as they'll just get absorbed into another Registry's more successful business model. No one size fits all.
Basic supply and demand. I have read quite a few threads recently to claims of nTLDs failing when they're barely out of the gates. Most of that negativity seems to stem from the fact of disgruntled Domainers not being able to register the premium names they hoped to gain at bargain basement $20-$30 prices. The reality is that the game is forever changing, therefore others need to adapt too, else you're going to be left standing. As I've already touched upon, the investors are already rich - the namespace will, over time, simply make them richer and be great business for those who not only invest their money but their precious time too and put their purchases to good use.
If you want quality domains, then yes, expect to pay 4 figures. If you're not prepared to spend 4 figures, then it's perhaps worth considering a different venture. nTLD's are not .coms, so attitudes and approach need to change. Most established artists can sell a piece of artwork for £2,000. I know that by just selling one of mine, will cover a relevant killer category keyword for that artwork so what's the problem?
In terms of survey, then as an artist, I don't have a problem with the pricing having understood .ART's approach to the marketplace, their revision in pricing structure for various phases of registrations and their pro-active approach to creating a microcosm of relevant content and early adopter partnerships, where owning a .ART domain leaves no ambiguity of what you're expecting to find.
I would write more but I'm actually trying to build two .art websites at the same time (despite it being 3am) than just sitting on them...
Do you work for .art? Just curious. I'm not being negative those are just the facts.
Rather than assume sentiment, surveying the preferences of consumers will give a clear picture of how things should be priced. This fixation on "premium" is ridiculous.
The average artist will be unable to afford A SINGLE ENGLISH WORD....that is absolutely ridiculous. I have no idea who wrote the business model for .art but damn.....it's probably the worst one I've ever seen.
I don't think to .ART will last. Not because it isn't a good extension...it is a very good one but I believe the ineptitude of the management in addition to their poor understanding of consumer sentiment which is reflected in the pricing model will prove to be detrimental to the survival of the extension.
Daniel Negari CEO of XYZ, announced that it has acquired it’s 10th new gTLD .Storage.
The new gTLD .Storage was applied for by Self Storage Company, LLC to be operated as a restricted domain extension. Self Storage Company, LLC won the domain name in a private auction against Donuts who also applied for the extension.
According to Mr Negari domain names will be price at $500 wholesale for registrations and renewals and virtually every domain name will be available in including single letters, double letters, Geo domains, as well as premium keywords. Super premium keywords previously priced for $100,000.
End users are prepared to pay for what they want and need. The prices are likely a deterrent to Domainers.
During the first 24 hours, over 3’000 domain names were purchased. Of those about 95% were standard, e.g., personal names of people and organizations, while the rest belonged to the .ART inventory of word and word combinations. While the personal names are mostly sold at standard prices, starting from $15, the .ART inventory names are valued individually by a proprietary mathematical “big data” algorithm. This totaled over $150’000 amount of sales in first 24 hours.
.ART closed its Preferred Access Period with over 300 live sites. The starting price has been $300 and there were about 2500 registrations for a total retail volume of sales over $600’000. Nearly half of these were from the .ART inventory. Among them, .ART has also gifted approximately 500 domain names to art school students and not-for-profit cultural institutions.
Do you know how much the registry invested for .art?Just posted at .ART's Twitter :
So, that's ~$750,000 in sales by the end of the first day of General Availability beating targets that Domainers said the Registry couldn't achieve in 12 months
Do you know how much the registry invested for .art?
Well they could have made more than a million dollar at the first day if they didn`t reserve too many names.Only what's been published in various articles. I'm pretty sure that I posted it previously in this thread. $25M?
And yes, that's a lot to recoup, which makes me laugh when people suggest that a Registry is greedy, when it's domainers looking to profit from the mark-up from a Registry's heavy investment.
Well they could have made more than a million dollar at the first day if they didn`t reserve too many names.
Make a godaddy search, which I believe the leader as a domain provider, there are no domains available than typos for .art
If you want to make money you need to let domainers make money too. You can`t have the whole piece of the cake. You need to share and grow with domainers...If not I let you what will happen if this goes like this.
Waste of money, waste of time waste of energy.
.art is great extension, imo.
a) any city/town etc. name makes great sense with .art
b) lots of art schools, teachers and just artists, including photographers, painters etc.
That all adds up to millions of potential end users.
And it is only 3 letters, as all gtlds should be...
Because domainers holding way more domains than the end users.Why do you have to have Domainers make money? You don't explain.
Because domainers holding way more domains than the end users.
Because domainers are the real customers of registries.
Because losing domainers and only targeting end users will destroy all the plans you have for this beautiful extension.
Thanks for the reply. It's good to know that I'm not the real customer here.
I don't mean to be rude and I won't list examples from the .ART zone file from yesterday (so I'm not criticising any particular registrant) but I can recognize most domainers purchases a mile away. Desperation when substituting numbers for letter. eg: micr0soft or affixing common words (online, the, my etc) to category terms. It's no wonder the total number for ALL nTLD registrations have taken a temporary dip from 29.3M to 27.7M as a result of renewals and all the junk that's been bought in the past. End users may also have junk names but they're using and keeping them.
Domainers have absolutely no impact on my plans or I imagine the plans of others who simply...don't get it. Indeed, circumventing them saves a whole lot of headaches and inflated pricing. I sense the disgruntlement in this thread is because domainers are being pushed out.
Can you post the mail ? It's surprising this kind of stuff continues to happen years after nGTLDs went live.What a scam the .art registry has going. They let customers, like me, preregister names at like $11.99 or something, at AlpNames, then today I got an email that the name was, "mis-priced" and now was re-priced at premium. So in effect, they took every name that someone was interested in, and jacked the price up to premium! They used customer interest as a gauge of what to hold back as premium, under the guise of a paid pre-registration program! Total BS!!
Can you post the mail ? It's surprising this kind of stuff continues to happen years after nGTLDs went live.