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new gTLD my.tax - registered and sold within days for $22,500?

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eNqyddn

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Checked out the latest sales on the 30th of April 2018 on namebio and saw that www.my.tax was at the top with $22,500. Got me curious and checked out when it was registered and found out it was just a few days before (4 days to be exact as it was registered on the 26th). Is this possible?? LOL
 
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Was it a registry sale?
 
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The registrant contact is listed as Transfer Service from SEDO. Does that mean that its a registry sale? Im assuming someone bought it through SEDO and are awaiting transfer of the name etc.
 
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Not sure. I'd have to check more into it.
 
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Looks like Registry sale, regged at Name.com who is owned by Donuts, who runs that registry.
 
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A lot of registry premium ntlds listed at Sedo. Even featured and showcase.
 
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Ah, well if it's a registry sale I guess IDC. :xf.laugh:
 
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Ahh i see... I really thought someone registered the name and miraculously sold it within days for a significantly huge profit LOL
 
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Saw it, getting sick of these registry sales to pump the new ones. Show us the real goods!
 
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Most likely owned by the registry in their reserved folder for platinum sales.

Check out my.parts as an example.
 
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In my opinion this is not fair that these registries get first priority over premium domains and sell them for high dollar. It should be illegal. For example, when .tax was available to register, all premium keywords and etc had high dollar fees in them to buy. Not fair. It should be whoever is the fastest and it should cost simply reg fee. It’s greedy and not ethical

I mean what’s the point? It gives people like us no chance at all. It was never like this when domains first came out.
 
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nice domain..

Domain Name: my.tax
Registry Domain ID: 4e34656818c243ea99d6389cbd64ecef-DONUTS
Registrar WHOIS Server: whois.name.com
Registrar URL: http://www.name.com
Updated Date: 2018-05-01T19:27:05Z
Creation Date: 2018-04-26T19:26:24Z
Registry Expiry Date: 2019-04-26T19:26:24Z
 
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In my opinion this is not fair that these registries get first priority over premium domains and sell them for high dollar. It should be illegal. For example, when .tax was available to register, all premium keywords and etc had high dollar fees in them to buy. Not fair. It should be whoever is the fastest and it should cost simply reg fee. It’s greedy and not ethical

I mean what’s the point? It gives people like us no chance at all. It was never like this when domains first came out.
Why should the registry have to give you a chance? You didn't spend six or even seven figures on the application fee, development costs, legal fees, marketing, etc. not to mention the auction itself if there were multiple applicants. Why would they then fire-sale the good stuff to you?

Some registries feel that they can make more by having it be a free-for-all like you describe, generally these are registries with strings that can support hundreds of thousands or even millions of domains.

Some registries feel they can maximize revenue by premium pricing everything good and having fewer overall registrations, generally these are the ones like .tax where there might only be a few thousand domains that make sense. According to nTLDStats there are only 5,829 registrations in .tax. If they priced them all at $30 they wouldn't even be able to cover their OPEX, much less attempt to make a return on their investment, even though they might have twice as many registrations as they do now.

Most registries are playing domain investor instead of catering to them. Nothing wrong with that, it's their prerogative as the owner of the namespace. But I definitely wouldn't invest in those strings as a domain investor except when they miss something that should have been premium priced or price it incorrectly. I'm sure they don't mind though, they're not doing this to give domainers a chance to make money.

I still think it is worth tracking their sales though even if they are playing domain investor, as an actual domain investor can still hold domains in those extensions and would benefit from knowing of past sales. That said, I also wouldn't buy into the hype and go on a hand-regging spree just because the registry made a good sale.
 
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Why should the registry have to give you a chance? You didn't spend six or even seven figures on the application fee, development costs, legal fees, marketing, etc. not to mention the auction itself if there were multiple applicants. Why would they then fire-sale the good stuff to you?

Some registries feel that they can make more by having it be a free-for-all like you describe, generally these are registries with strings that can support hundreds of thousands or even millions of domains.

Some registries feel they can maximize revenue by premium pricing everything good and having fewer overall registrations, generally these are the ones like .tax where there might only be a few thousand domains that make sense. According to nTLDStats there are only 5,829 registrations in .tax. If they priced them all at $30 they wouldn't even be able to cover their OPEX, much less attempt to make a return on their investment, even though they might have twice as many registrations as they do now.

Most registries are playing domain investor instead of catering to them. Nothing wrong with that, it's their prerogative as the owner of the namespace. But I definitely wouldn't invest in those strings as a domain investor except when they miss something that should have been premium priced or price it incorrectly. I'm sure they don't mind though, they're not doing this to give domainers a chance to make money.

I still think it is worth tracking their sales though even if they are playing domain investor, as an actual domain investor can still hold domains in those extensions and would benefit from knowing of past sales. That said, I also wouldn't buy into the hype and go on a hand-regging spree just because the registry made a good sale.


Your reply makes zero sense. These companies have plenty of money!! Theres absolutely zero need to keep the good domains for themselves. It unethical in many different ways other than I explained. They are also using these sales to hype up many domain extensions.

I never said they are here to make US money. But they are by law here to allow us to register domains and backorder domains. That’s it. It’s a service. It’s not a service to charge $15,000 for a domain that is worthless at the time. But the registery has a compiled list of all keywords that are popular and up charge the domain.
 
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Why should the registry have to give you a chance? You didn't spend six or even seven figures on the application fee, development costs, legal fees, marketing, etc. not to mention the auction itself if there were multiple applicants. Why would they then fire-sale the good stuff to you?

Some registries feel that they can make more by having it be a free-for-all like you describe, generally these are registries with strings that can support hundreds of thousands or even millions of domains.

Some registries feel they can maximize revenue by premium pricing everything good and having fewer overall registrations, generally these are the ones like .tax where there might only be a few thousand domains that make sense. According to nTLDStats there are only 5,829 registrations in .tax. If they priced them all at $30 they wouldn't even be able to cover their OPEX, much less attempt to make a return on their investment, even though they might have twice as many registrations as they do now.

Most registries are playing domain investor instead of catering to them. Nothing wrong with that, it's their prerogative as the owner of the namespace. But I definitely wouldn't invest in those strings as a domain investor except when they miss something that should have been premium priced or price it incorrectly. I'm sure they don't mind though, they're not doing this to give domainers a chance to make money.

I still think it is worth tracking their sales though even if they are playing domain investor, as an actual domain investor can still hold domains in those extensions and would benefit from knowing of past sales. That said, I also wouldn't buy into the hype and go on a hand-regging spree just because the registry made a good sale.
They don’t, when they put $1000+ annual renewals on such names, or you are paying $12,500 in EAP, you are paying your dues.

The whole point of the application process of gtlds was, because there was not enough good affordable .com’s left, so this space was opened up, only to be gamed by many operators who uses loop holes.

The intial argument to ICANN was not that we are going to warehouse these names, and sell them for whatever we like, it was about offering consumers more affordable choices.

Some companies chose to slander .com, saying it was dead, to further their interests, so many of these operators are not exactly angels, but greedy execs who will say anything to make a buck.

It’s human nature to try and game an oppotunity, it can be Elon Musk’s flamethrower, it can be an Ohtani rookie card, but these registries are not just giving such names away, the better ones have high premiums, and in doing so they are playing the risk reward factor in letting the buyer hold the risk, with reward payoff. Not sure why domainers get a bad rap compared to every other industry out there.

Yes, the registry was allowed to hold a set amount back, but it is what it is, not every buyer knows what they are doing, or what they are up against.

Even domain owners like Nissan can be hypocrites for blaming others of profiting off domains, then they go and sell z.com for many millions in profits themselves.

The registries changed their story when they understood the market was not ready for the dynamics of their extensions. Many here are simply questioning who owned the domain, as it looked like a hand reg flip, but that usually indicates a platinum registry sale.
 
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Your reply makes zero sense. These companies have plenty of money!!
How do you know ? Even if they are well funded, that doesn't mean they are profitable.
Applying for a new string is not cheap, and the application fee is just part of the actual costs.
A good number of strings are indeed not profitable, but it's their own fault in the first place. It does not mean they have to sustain a loss to please you.

Theres absolutely zero need to keep the good domains for themselves. It unethical in many different ways other than I explained. They are also using these sales to hype up many domain extensions.
It's no less ethical than what we domainers are doing. Most people think what we are doing is unethical and should not be allowed.
I admit, I don't like it either. My problem is that there a number of conflicts of interests. On the other hand, I don't touch nTLDs so I don't really care.

I never said they are here to make US money. But they are by law here to allow us to register domains and backorder domains.
They have no obligation to sell you anything.

However, what is true is that nTLDs are not subject to the same rules as regulated extensions, including the lack of price controls that I find worrying. That alone is reason enough to stay away from them.
 
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avoid privately owned gtlds like the plague. they are the domainer.
 
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I only owe one or two nGTLD and will soon drop them, unless someone is willing to take em. I don't see any value in these new extensions and they make zero sense to me. Internet will remain a dot com world for generations to come, just as Google will control internet search for generations.
 
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I only pity domainers who will see these info and go off on hand reg rampage - egyptianmummy.bio, lasvegascasino.bio, viagrashop.bio :xf.grin:
What-else do "domainers" do then try and replicate previous sales?

There is very little reinventing the wheel in this business, if you haven't already noticed.
 
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Another registry sale ? Even if it is a domainer sale (for a change) it is like saying you should buy lottery tickets because someone won the jackpot.
beauty is in the eye of the beholder
 
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beauty is in the eye of the beholder
Non registry new gtlds are extremely rare for five figures. I'm sure this was a premium buy originally as it doesn't look like a registry sale but who knows.
 
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