NameSilo

.com prices going up at Verisign

Labeled as discuss in gTLD Discussion, started by lambo.com, Jun 16, 2021

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  1. lambo.com

    lambo.com 445.com VIP

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    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Samer

    Samer Top Contributor VIP

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    Adds fodder to put .com contract up to tender.

    Like to add: Still Wont buy their stock (VRSN)

    Lock-in renew best domains at the current rate

    Samer
     
    Last edited: Jun 16, 2021
  3. Samer

    Samer Top Contributor VIP

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    100 points, (“like” & “agree” by the ever-faithful
    2 PTS!

    2x the meaning, when you “like” AND agree.

    Always wanted to be an agent, humor me : ))
    offer still amazing in of itself- overdue! Yes :)
    Challenge accepted! (But consider 100 points
     
    Last edited: Jun 17, 2021
  4. Lox

    Lox _____ VIP

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    icann & registry agreement

    icann-registry-10.jpg

    Everything above relates to Registries.

    The registrars are free to have their own ToS / business rules, and if they want, they can sell you a "service" - f.e. prepay renewal (10, whatever extra years) but RDDS will always be the registry max 10 y.

    Example NetSol Service: Protect Your Domain Name Registration Into The Next Century.
    Link
     
  5. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    Exactly. The registry is not on board. You are simply paying for a promise with no guarantees.

    Brad
     
  6. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO VIP ★★★★★★★★★★

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    Correct -- WHOIS privacy proxy and Trustee services work in the same way -- the proxy becomes the registrant's agent and works to protect their interests.
     
  7. Samer

    Samer Top Contributor VIP

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    Stuck in that “rent payers” mentality, Brad.

    These are assets, treat them like one.

    Yes, from personal experience, GDDY stock inflated, couldnt care less if public company.
    — I actually prefer my Registrar to be Private. We have ICANN for the regulation, hinder BS.

    maybe Blackstone or Appollo wants Registrar, and buys Godaddy we all know how well VC mix with Domains... (imo)

    Samer
     
    Last edited: Jun 17, 2021
  8. Samer

    Samer Top Contributor VIP

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    Or fight for perpetual ownership.

    Brad arent you part of the ICA?

    So much for fighting for “registrant rights.” unless it’s not in your best interest, I.E. forcing Godaddy or the other industry Regist to same.
    Forever registration is thing. Dont take digs. — Anticipate future growth as reduced cost, despite the topic (up 7% each of next 4 years) The topic of this thread is all the more reason to put aside our differences, and try, for once, to let perpetual dpmain ownership be a thing? Go epik! and @Rob Monster. Trailblazers.

    Samer
     
    Last edited: Jun 17, 2021
  9. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    Please. I have done about as much as anyone when it comes to that...From fighting against the .ORG private equity takeover to the Brent Oxley situation...and many things in between.

    The Brent Oxley situation certainly did not help GoDaddy. Did I care? Not really, because they were in the wrong IMO.

    This is not perpetual ownership. It is paying $399 for a promise that can easily be canceled.

    If you want to talk about actual perpetual ownership, I am certainly not against that. As the ICANN policy is written now major registries like Versign would not even be able to agree to this.

    On top of that I would actually rather see the COM/NET contract put up for public bid. It would drive the prices down which would be far more beneficial to registrants.

    Brad
     
  10. oldtimer

    oldtimer Do some good for humanity and the environment VIP ★★★★★★★★★★

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    In the interest of fairness lets see what happened here:

    Lambo indicated his concerns over the price increases and asked what steps everyone was going to take in regards to this problem, he also indicated that it would bring him peace of mind by renewing his domains for 10 years in advance which would lock in the renewal fees at the current rates.

    Then Rob offered a solution which directly related to the problem that Lambo was concerned about.

    Now Brad brought up some good points and tried to make everyone aware of the risks that were involved with the forever domains

    Rob replied with a reasonable response indicating that it might still be in the interest of domainers to take advantage of the forever domain service (and at a later post also indicated that this might not be for everyone)

    Brad kept on warning people about the forever domains which although was somewhat justified, but Rob took that as an attack on him and Epik and then everything started going downhill from there once the atmosphere turned negative.

    Now what's the use of engaging in a discussion on the forum if it always is going to end up in a fight.

    If there are going to be debates amongst Rob and Brad (and others) who are considered to be intelligent members of the forum shouldn't the focus be more on finding a solution rather than ending up with a negative and destructive conversation that is not going to help anyone here.

    _ _ _ _ _

    The bottom line is that Lambo was concerned about the price increases.

    Rob offered a solution in the form of forever domains and special transfer rates

    Brad saw flaws in that solution and warned everyone about them

    So now the logical thing to do is to come up with some ideas to fix those flaws to the point that domainers can feel safe enough to want to use the forever domain service and find it in their interest to do so even with all the risks that are involved.

    In my opinion being able to get a full refund incase that things don't go as planned is a positive factor and another thing that can help is for the domains to be guaranteed to always have a 10 year renewal in reserve so that the domain owners don't get caught off guard if some unforseen events happen.

    It might also be necessary to increase the insurance to much higher amount (like a million dollars) to protect the domain owners against any neglect, malice, or unforseen events that might put their domains at risk.

    IMO
     
    Last edited: Jun 17, 2021
  11. NickB

    NickB it's a mystery VIP

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    .com prices going up at Verisign :xf.rolleyes:

    Seriously - only a handful of posts on here are about this - skimmed through most of the forever off topic crap.....

    You can't reason with Zealots......
     
  12. oldtimer

    oldtimer Do some good for humanity and the environment VIP ★★★★★★★★★★

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    Okay, lets get back to the original topic of this thread,

    We have discussed price increases by Verisign previously in other threads and I still don't understand why there has to be repeated price increases as the total number of registered .coms has been increasing steadily year over year.

    In every other Industry when they sell more and more products and their sales go up their prices go down.

    IMO
     
    Last edited: Jun 17, 2021
  13. MasterOfMyDomains

    MasterOfMyDomains Top Contributor VIP ★★★★★★★★★★

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    Who knew a 50 cent.com increase would cause so much controversy. Thanks for sharing
     
  14. Samer

    Samer Top Contributor VIP

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    They must be VRSN or GDDY stockholders.

    wouldnt touch either of those stocks if was $5.

    Believe in innovation.

    Samer
     
    Last edited: Jun 17, 2021
  15. Steven McEvoy

    Steven McEvoy CEO, SUWP VIP

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    almost 50 years from now it will be beneficial for someone who purchased the service, however if .com goes up to $15 a year then it would be about 30 years. Depending on if and when it goes that high.
     
    Last edited: Jun 18, 2021
  16. Chris Hydrick

    Chris Hydrick ChrisHydrick.com VIP

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    Cant the same be said / applied to the majority of terms of service or agreements, irrespective of industry? And while there may be no service guarantee, legally, per the ToS, it appears there is degree of a money back guarantee.

    If by no guarantee, we are exploring a Gerald Cotten (QuadrigaCX) scenario where Rob runs off with all the moneys and crypto keys, forcing an epik bankruptcy, then doesn't the question turn to: is epik's market value / does epik have enough IP or AUM, to pay off any creditors, refund forever domain customers, and or any other outstanding debts?

    As much as I disagree with @Rob Monster 's Inc., there are many more shadier registrars online. Albeit, these shady registrars aren't out there (to my knowledge) copy catting the forever registration model, but even if they were, I'm not sure I'd feel comfortable with such a promise if a registrar didn't have as much of an open online presence as Epik. Though, in the same regard, I'm not so sure how much I trust the promises of businesses (Dynadot included) who don't have a physical location, and opt to use a UPS storefront/mailbox instead.

    upload_2021-6-17_19-32-22.png

    Whereas GoDaddy, the offices are so big, a herd of elephants could walk right through their doors, and stage a sit in should their big asses please. Perhaps that's why (too busy navigating through such a large building) GD CEO @AmanBhutani has yet to get a grasp on how domains work, or what namePros is, and seemingly only exists as GD CEO as a grandstand cover up as an international appeal to clean up the lingering reputation damage caused by Bob Parsons, which neither former GD CEO Blake Irving or former GD CEO Steve Wagner was able to accomplish. Furthermore, (imo) it seems @AmanBhutani #1 priority is to milk or deceive the GD customer base for all its worth, while adding little to no value to GoDaddy IP, or to the open internet as a whole, to include registrant rights.

    upload_2021-6-17_19-33-8.png

    Deceive might have been a strong word. I guess opinions may vary on GD business practices, and since other registrars over charge or milk customers, some lawyers may argue upselling/overchanrging is just how business is done, and is what keeps the lights on. Nonetheless, the company is so large they can set just about any standard they see fit, yet they appear to be too busy playing grab ass with profits, and are unable to address expired auction renewal double standards such as ChicagoPizza.com,



    as their current CEO Mr. Aman Bhutani is too self-centered while making keynote speeches, and CNBC appearances, that he's too pompous to address questions from other registrar CEO's to better the industry in fireside chats/follow-ups.

    upload_2021-6-17_20-8-18.png


    Concluding, until proven otherwise, it's my opinion that @AmanBhutani is essentially nothing more than a glorified actor, willing and ready to drop any operational issue, at a moments notice, just to make a CNBC appearance and sell to any investor who believes in the growth of the internet, even though apparently @AmanBhutani doesn't give two shits about the growth of the internet, or providing/developing value. He seemingly only cares about (a) the godaddy stock price AND (b) the golden parachute that awaits.

    @Joe Styler / @Paul Nicks .... You guys obviously have more important things to do than defend your CEO in a meaningless forum discussion, though if time/interest permits, I'd be happy to be proven wrong.

    #FireAman #HireAWoman
     
    Last edited: Jun 18, 2021
  17. Chris Hydrick

    Chris Hydrick ChrisHydrick.com VIP

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    That situation also turned me on to NameCheap. + @tamar seems like a responsive rockstar!

    Any idea how NameCheap plans to handle the verisign price increase?
     
  18. Chris Hydrick

    Chris Hydrick ChrisHydrick.com VIP

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    If they do have a public HQ office in San Mateo, then it's not a public address. I'm less than a 30 minute drive to that San Mateo USPS. Perhaps I could buy a mailbox, and then say, our HQ is in the same offices as Dynadot HQ 🤦‍♂️

    upload_2021-6-17_21-23-4.png
     
    Last edited: Jun 18, 2021
  19. Lox

    Lox _____ VIP

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    home office / hq - I guess, there's an PO bcos they don't want to have a walk-in without appointments.
     
  20. capybara

    capybara Established Member

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    I hope the total registration numbers drop significantly the year after the increase.
     
  21. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    There is a theoretical case to make that even a minor price hike will lead to more quality domains expiring.
    The more it goes up, the more will drop, but it will find an equilibrium point.

    Honestly, almost everyone (including me) has a lot of garbage domains that need to be dropped. :xf.laugh:

    Brad
     
    Last edited: Jun 18, 2021
  22. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    Well, hope is good, but that never happened in the past. And especially these price increases should be no surprise to domainers. It's described and even restricted/capped in their (VRSN) contract.
     
    Last edited: Jun 18, 2021
  23. oldtimer

    oldtimer Do some good for humanity and the environment VIP ★★★★★★★★★★

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    From the 154 million .coms that are currently registered only half are probably worth renewing.

    IMO
     
  24. DOMAIN ILLUMINATI

    DOMAIN ILLUMINATI Owner of ▲ the most expensive domain of all time. VIP Gold Account

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    Verisign knows that .com. is not .top. and they will try to keep this unchangeable fact out of the public's mind for as long as possible, their price hikings are the result of their unconsciousness fear from this new reality.
     
  25. 101010

    101010 Account Closed (Requested) PRO VIP

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    Many posts have been moved to another thread, because this thread was hijacked to promote Epik by @Rob Monster The new thread is at https://www.namepros.com/threads/epik-promotion.1242873/

    This is to clear confusion for everybody, why some posts do not make sense anymore. Hope everybody understands. Thanks @NamePros for cleaning up the threads.
     

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