.EU is already a complete Failure

[Sam]

It is quite clear that .eu is EXTREMELY overspeculated by domainers aka cybersquatters. I am willing to bet around 90% of all .eu registered so far have been by RESELLERS not END USERS. The irony of it all is that as many people try to register any KIND of DECENT .eu name, the end user sees less and less point of using the .eu.

Which brings up the question, WHAT is the POINT of the .eu? Each European country has their own cctld and there is no point for a company to register a .eu unless its a defensive registration, or they span accross multiple countries.... which then they might as just as use .com.

The point of the .EU was to get the EURid rich. "Non Profit" my @ss. It does not cost around $12 usd a year to maintain a registry database... Verisigns mere $6 looks quite cheap now. With HUNDREDS of THOUSANDS of SUNRISE applications (which all cost a HEFTY fee) and around 1 million + registered, the Eurid is making some mucho moolah.

The only other people that i can see benefitting from this are smart but decieving companies just as Yellow LTD Registrar, who used farce tms to get ultra premium registrations.

I advise all who own .eu to reg rid of your respective .eus as fast as possible... as long as the hype can last.

Thats of course unless you own premium or LLL names :D.

The splatter of parking pages will make the .eu a complete failure, and the media eventually will make eurid look like a complete fool.

 

[drifta]

we will see in 6 months or so
my predictions are in a few other threads
but i believe it will fail

 

[athletec64]

On a number of different levels you argue excellent points, and I absolutely agree.
.eu is over-hyped and over-speculated

 

[aussie]

On a number of different levels you argue excellent points, and I absolutely agree.
.eu is over-hyped and over-speculated

i also agree on a few points , and the dot com will always be number 1 .

 

[athletec64]

Lol. No one will want to use .eu anymore. It will be known as the extension mostly owned by domainers that at one point seemed like the next biggest thing.

 

[M90]

Excellent points, well made.

That is my own biggest concern regarding the extension - so many speculators have snapped up the best names that no-one will take up the extension and that searchers will know to avoid the .eu because it's just a parking page.

 

[Barts]

My guess is damitssam didn't get the EU's he preregged for?

Anyways, who cares if endusers or reselllers regged eu domains? What are you doing at this forum? Ain't this the "we make money brokering domains" forum? The same rules about value and such apply to any other TLD. It's just that no TLD was hyped as much as .EU. There are still WAY more .COM's then there are .EU's, does that imply that .COM is of lesser value because of that?

What is the point of EU you ask... Good one, I don't have a clue myself At least it is making EURid a lot of money, just as you said.

About the false trademarks. I believe there are plenty of companies that used fake trademarks (or became artists all of the sudden and made artworks called "onlinecasino" ). All trademarks were (or still are) checked for validity and yesterday it was in the news that thousands of domains (a.o. sex.eu according to the newssource) will become available again in June because the trademark claims could not be proven.

To conclude I think you're seeing it a little too dark. If someone has a cool .EU, why should one have to dump it asap? Just wait a year or two and only half (at most) of all regged EU's today will be left.

My 2cents

 

[Jeffrey]

I dont think it will fail. It will slowly increase its value.

 

[reg.log]

I have to disagree with your explanation of people´s goal of the .EU domain registration.
For non-english speaking countries of EU (mostly the new members) is the .eu extension the best way to present.
An example. Slovak republic´s extension (.SK) means shit to the world (yesterday somebody asked me if it is Saskatchewan )
So the point is the .EU extension make the companies of that countries more "readable" or let´s say more descriptive. A lot of decent Slovak companies get to the "European Map" by registering the .EU extension.

But you are right with your "speculation purpose" point. Numbers from 000 to 999 and lll.EU are all gone! Which talks for itself. EU Gold rush :hehe:

I :imho: consider the .EU very competitive to the .COM

Sorry for my crap english )
regards
reg.log

 

[mike_d]

Hi,

You make excellent points about .eu being weakened by the major part of registered domains being held in the hands of speculators rather than end users. Of course most of us here are speculators, but I think we'd all recognise that there needs to be a certain proportion of domains in circulation for an extension to hold value... sort of like the dealing in the shares of a certain company requiring a minimum number of shares being traded on the open market to be effective.

However, I'd add one caveat: despite recent bumps in the road, I think the European Union is still on the way to being a political entity that will supercede the nation states within. When that happens, .eu extensions will be truly valuable. The thing is, that's going to take a long time, and it's questionable whether the integrity of the .eu extension will survive that. If it does, people that have held their nerve and kept their .eu domains will be in a great position.

However, due to the points made by other posters, that's a very big if. The short term looks extremely bumpy. A good start on stabilising .eu would be made if the European Comission ordered a thorough investigation of how .eu domains have been allocated, with those found to have dishonestly acquired them being stripped of their domains with the domains going on sale again.

Mike.

 

[Kate]

Which brings up the question, WHAT is the POINT of the .eu? Each European country has their own cctld and there is no point for a company to register a .eu unless its a defensive registration, or they span accross multiple countries.... which then they might as just as use .com.

Sam, I agree with you on certain counts. First I agree .eu is a defensive registration for some companies. I have a brand name in 15 European ccTLDs so I took the .eu of course, as for the rest.. maybe it can make some people happy, like those who could not get their name under .com or their ccTLD...
.eu makes sense for companies with a global presence.
It is likely that the hype and EUphoria will settle down... perhaps in one year we will see interesting drops :hehe:
Saying that, the figures are impressive. 1mio names registered in 24 hours is a never-seen before name rush. Perhaps there is something beyond mere speculation. Food for thought.
I don't think we will see such a rush in the near future. Not with TLDs such as .mobi :imho:

 

[DreamWeb]

I disagree with Your arguments. IMHO domain market is not other than other investment ones. It exists only therefore some people, companies wants to have good domain name i good extension. Why? It`s much more reasonable to pay good price for Good domain in Good due-extension and make Good site and it`s promotion. Than to try to make brand from long or hard pronouncable domain wasting time and money.

Price depends on demand. If speculators discover it`s low price for some extensions those domains will get as cheapen as they will be atractive for potentional buyers.

EU citizens will not like this extension, because there will be too many parked pages? So why .com is still so popular if most of .com`s are for sale too?

I think it will be frustrating at firs few years, but from other side it makes better future for .eu domains as they will be bought by larger companies which will create good and profesional sites at them, not hobbyst who (for example) would set a site about his dog at dog.eu

 

[Damion]

My guess is damitssam didn't get the EU's he preregged for?

Anyways, who cares if endusers or reselllers regged eu domains? What are you doing at this forum? Ain't this the "we make money brokering domains" forum? The same rules about value and such apply to any other TLD. It's just that no TLD was hyped as much as .EU. There are still WAY more .COM's then there are .EU's, does that imply that .COM is of lesser value because of that?

What is the point of EU you ask... Good one, I don't have a clue myself At least it is making EURid a lot of money, just as you said.

About the false trademarks. I believe there are plenty of companies that used fake trademarks (or became artists all of the sudden and made artworks called "onlinecasino" ). All trademarks were (or still are) checked for validity and yesterday it was in the news that thousands of domains (a.o. sex.eu according to the newssource) will become available again in June because the trademark claims could not be proven.

To conclude I think you're seeing it a little too dark. If someone has a cool .EU, why should one have to dump it asap? Just wait a year or two and only half (at most) of all regged EU's today will be left.

My 2cents

Could you share this news source since this sounds interesting?

 

[floatingworld]

I have to disagree with your explanation of people´s goal of the .EU domain registration.
For non-english speaking countries of EU (mostly the new members) is the .eu extension the best way to present.
An example. Slovak republic´s extension (.SK) means shit to the world (yesterday somebody asked me if it is Saskatchewan )
So the point is the .EU extension make the companies of that countries more "readable" or let´s say more descriptive. A lot of decent Slovak companies get to the "European Map" by registering the .EU extension.

But you are right with your "speculation purpose" point. Numbers from 000 to 999 and lll.EU are all gone! Which talks for itself. EU Gold rush :hehe:

I :imho: consider the .EU very competitive to the .COM

Sorry for my crap english )
regards
reg.log

this is the smartest contribution so far, namely that companies in the smaller euro states will use the .eu extension not to mention all the bigger companies to protect their ccTLD or .com domain name. think carefully and there are a lot of appropriate .eu names yet to be regged. of course there will be speculative generic junk and the poor domainers who got a financial kicking in the pre-reg and opening sessions, well, never mind dear, one day you can add a few second-hand .eu names to your pristine .be collection....now stop crying....

 

[Amnezia]

most of the .infos were bought by spammers and speculators and yet now the info seems to be picking up.

I believe .eu will be big maybe not this year or the next, but you just have to look at the growth and strength of the EU to realise that this extension is going to have a large demand.

 

[cjcjcj]

this is the smartest contribution so far, namely that companies in the smaller euro states will use the .eu extension not to mention all the bigger companies to protect their ccTLD or .com domain name. think carefully and there are a lot of appropriate .eu names yet to be regged. of course there will be speculative generic junk and the poor domainers who got a financial kicking in the pre-reg and opening sessions, well, never mind dear, one day you can add a few second-hand .eu names to your pristine .be collection....now stop crying....

So the future of the name resides around small countries and trademarked names from big companies.

Oh and 1 million+ parked pages.

Glad I too am .eu free

 

[DreamWeb]

I have to disagree again.

I`live in Poland - new EU member country and most of domainers i know think that the future of ".eu" belongs to West Europe. As for Poland there are good eu-names connected with Europe only, company names too.

By the way if new eu-members will be source of .eu-progress so why did they registered so low number of domains?

 

[binaryman]

.EU will be bigger then .com in a few years time. Mark my words.

 

[wot]

.EU will be bigger then .com in a few years time. Mark my words.

NEE.com :gl:

 

[TUFKATH]

Nice rant. We'll see how things turn out in the end.