new gtlds Domain Name News That Will Spook You!

[eenmakkie]

Imagine registering a new domain, at he moment you registered the new domain, it was not a premium top level domain. So you pay a fair price for it.
You think it is yours and every year you have to pay the same renewal price.

That is what I did by godaddy.com
I bought a new TLD domain when they came on the market.

started offering it for sale.

Now when the next renewal is coming close, I went to my godaddy.com account and suddenly they wanted 499.99$ to renew the domain for a year. A huge multiple increase compare to the price I paid to register the name.
I called help desk and they told that the domain has become top level domain name as they have seen the value of it.

what?!!!!!

So you buy a domain, spent a lot of money and work on the website, make a business around it, it becomes big on the market, you start to earn millions and suddenly the registrars can ask you what ever they want to renew your domain as they have seen the value of your domain now?

And if you do not pay the extravagant renewal price they ask, it becomes there's? So then they can sell your hard work?

Is this legal?

So what google.com or facebook.com they bought there domains for 1000 years upfront to avoid that the registrar can ask them a couple of billions to renew their domains?

 

[Squekee]

i like that! Did you edit your post or are my eyes failing me.

I think that domain will come in handy very soon ICANN doesn't get their sh*t together.

Edited lol

 

[Squekee]

Edited lol

Yes I think this domain could be a winner lol

 

[brindle123]

I am writing namecheap as I speak in an effort to document their reasoning behind the 1 year max renewal on my NGTLD.

Yes. Document everything. This will help prove the crap we are subject to at the hands of the overlords.
Namecheap will blame the registry, who will blame the registrar, who will blame ICANN, who will u-turn it back on the registry.

What a web they weave.

 

[BrandingModel.com]

I was still waiting to hear from @Colin Campbell about the pricing of renewals for LLL.Club as it looks like from the 15th June pricing will be increasing $300+ for LLL.Club domains just unsure about renewal costs with current domains?...

I'm a long term investor so I renewed my VR LLL.Club domains today until 2025...

After that & then what will the renewals be and will it be still attractive to an end user???

I've planned ahead an not planning be stung with outrageous renewal fees from the registrar in the coming months just in-case things do change....

IMO .Club is one of the few nGTLDs that I think will survive and do well in the future...

 

[wwwweb]

I was still waiting to hear from @Colin Campbell about the pricing of renewals for LLL.Club as it looks like from the 15th June pricing will be increasing $300+ for LLL.Club domains just unsure about renewal costs with current domains?...

I'm a long term investor so I renewed my VR LLL.Club domains today until 2025...

After that & then what will the renewals be and will it be still attractive to an end user???

I've planned ahead an not planning be stung with outrageous renewal fees from the registrar in the coming months just in-case things do change....

IMO .Club is one of the few nGTLDs that I think will survive and do well in the future...

Show attachment 26882

Club doesn't do premium renewals, they just do a higher upfront fee on purchase, but always good to double check.

 

[Asfas1000]

Hmmm I remember a registry owner saying that all discounts like $1 per domain were run by registrars and the registries had nothing to do with those. Now Colin Campbell says "they ran a sale for $1 on a registrar"...Hmmm...

 

[Wannabean]

For suckers.

Oo I got one too! Also for people who believe domains are cyber currency.

For Domain investors .

Really not though if they have $499 renewals.

 

[dommmain]

Club doesn't do premium renewals, they just do a higher upfront fee on purchase, but always good to double check.

What if they ever change that policy ? What about .xyz, do they do premium renewals ?

 

[Winfluence]

8.Computer was on my "to buy" list for a while and it was normal price, but after chinese domaining exploded now it's 450€

I used to be a serious newGTLD fan but now I'm starting to lose faith, which is sad because some of these extensions have a lot of potential...

 

[DOMAIN ILLUMINATI]

A big impudence.

 

[LucidDomains]

Firstly lets ask @Joe Styler, what's the official take on this.

Secondly, why don't you just transfer out to NameSilo, their prices are at $37.99 for .villas.

 

[RU]

.villas is the gtld that changed in pricing for him.

His renewal went from $69.99 to $499!!!

.villas renewal: $59.99-$69.99

 

[wwwweb]

Firstly lets ask @Joe Styler, what's the official take on this.

Secondly, why don't you just transfer out to NameSilo, their prices are at $37.99 for .villas.

Has the OP said the exact name, he will need to in order to investigate.

I mean the registry that outs out .villas is supposed to inform godaddy 6 months prior to a price hike, but the wording is not clear if godaddy has to inform the client as weird as that sounds.

 

[Joe Styler]

I deal in the Aftermarket so I would have to ask the team that does gtld registrations about the domain. I would say that I have not heard of anything like this happening yet, although I have read the same blogs by Berkens and others warning about the possibility, I have yet to see any tld do so. That being said, if you can send me the domain name I can certainly have someone on our side look into it for you and then get back to you and let you know what I find out.

 

[Kiko]

Is true, they are here to stay, and will create a lot of confusion, I see profit from the problem, just one of the reasons of why .com will increase its value, for big corporations will be like owning a good 800 number for worldwide audience.. In my opinion .com will be precious..

 

[wwwweb]

Is true, they are here to stay, and will create a lot of confusion, I see profit from the problem, just one of the reasons of why .com will increase its value, for big corporations will be like owning a good 800 number for worldwide audience.. In my opinion .com will be precious..

how many of them do you own?

 

[TRY]

So now the real question is....if they are doing this crap with new TLD's then what's stopping them from starting to do the same with .com's /.org's /.net's and just about any TLD they feel like?

.."VeriSign must submit to fees and strict regulation over pricing for new domain registrations and renewals. These contracts come up every six to seven years, with the existing agreements in place for .net and .com through 2017 and 2018, respectively."

 

[DnEbook]

Attention All Registrars ............ Go Jump (you greedy $$%^%%!!!)
~
I am pretty much dropping my 10 New Gtlds
~
.com seems more "governed'

 

[Andee Hill]

Imagine registering a new domain, at he moment you registered the new domain, it was not a premium top level domain. So you pay a fair price for it.
You think it is yours and every year you have to pay the same renewal price.

That is what I did by godaddy.com
I bought a new TLD domain when they came on the market.

started offering it for sale.

Now when the next renewal is coming close, I went to my godaddy.com account and suddenly they wanted 499.99$ to renew the domain for a year. A huge multiple increase compare to the price I paid to register the name.
I called help desk and they told that the domain has become top level domain name as they have seen the value of it.

what?!!!!!

So you buy a domain, spent a lot of money and work on the website, make a business around it, it becomes big on the market, you start to earn millions and suddenly the registrars can ask you what ever they want to renew your domain as they have seen the value of your domain now?

And if you do not pay the extravagant renewal price they ask, it becomes there's? So then they can sell your hard work?

Is this legal?

So what google.com or facebook.com they bought there domains for 1000 years upfront to avoid that the registrar can ask them a couple of billions to renew their domains?

Please message me the .villa name. I am from the Donuts registry and would like to investigate.

 

[DNScholar]

Agreed the renewal price of the domain should be mentioned upfront not after registering.