However, there will never be a domain extension larger or more important than .xyz. There is only one ending to the alphabet, and only one way to end a domain name.
My vision is to acquire more extensions in order to offer users more options for their online presence. Additionally, the profits from these new acquisitions will be poured back into marketing campaigns to build the awareness of .xyz domains. "
~ Daniel Negari
This guy is actually intense if you read his blogs. But in spite of the criticism, he has purchased a large amount of internet properties and did land Google's reservation ( abc.xyz ). It may not become a brand ( Alphabet Inc. ) but it is the official website for their parent company. That lends Mr. Negari some credibility.
I have never made a successful sale in the internet space but I think the bets are low. I made a speculative bet w/ $40.00. I think I will know the result by 2017 - 2018.