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New gTLDs are DEAD!! Frank Schilling drops 230,000 new gTLD domains

Labeled as new gtlds in gTLD Discussion started by ksusha64, Sep 17, 2016.

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  1. ksusha64

    ksusha64 Top Member VIP

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

    Addison Top Member VIP

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  3. Addison

    Addison Top Member VIP

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    From Frank's position, it makes more sense to sell them at a lower cost in higher quantities with near zero overhead, because he owns the registry. To sell them at a premium, one by one, takes a lot of time, resources and brokers.

    For those of us who don't own a registry, our only option is to buy the best new gTLDs and sell them at a premium to one-off end-users that come knocking on our doors.
     
  4. ksusha64

    ksusha64 Top Member VIP

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    I do not know one person who made money off new gtlds, but tons of people lost money already
     
  5. Domain Galleria

    Domain Galleria Established Member

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    I lost some money....learned good lesson. Will never hold anything that doesnt make sense
     
  6. Al Cohol

    Al Cohol Established Member

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    History has a tremendous way of repeating itself. When it comes to nGTLD's one needs to only look back to the early 2000's when .biz, .mobi, .info among others came out and failed miserably.

    This is a repeat of that but on a much larger scale. Some people just never learn unfortunately.
     
  7. briguy

    briguy Guru In Remission! VIP ★★★★★★★★★★

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    I can see why he got rid of some extensions
    Thinking maybe he keep the premium one and dumped the garbage..
     
  8. Grego85

    Grego85 Quality.Domains VIP

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    all the crappy extensions, lol
     
  9. Canadian

    Canadian new gTLD enthusiast

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    oh my
     
  10. ZapNano

    ZapNano :( VIP

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    NOT ALL ALL ; THERE ARE SOME REALLY VALUABLE NEW GTLDS OUT THERE; THE ONCE THAT MAKE Sense AND Useful ( left and right of the dot) AND YOU KNOW IT! ;)
     
  11. NamesBond

    NamesBond Top Member VIP ★★★★★★★★★★

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    Couldn't agree more... I remember the .Mobi craze - and the eventual crash - and it's the same thing all over again... The sad thing here is that in another 5-10 years, they'll roll out yet another new extension(s), and folks will fall for it all over again... (Back in the gold rush days, they used to call it "mining the miners...") Indeed, some folks will never learn... (And sadly, it's usually the noobs who can least afford the loss on their investments...)
     
  12. SirDrago

    SirDrago NAME JEDI VIP ★★★★★★★★★★

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  13. imadoer

    imadoer Top Member PRO VIP

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    I'm very happy to see gtlds die :-D it was only a matter of time
     
    Last edited: Sep 18, 2016
  14. briguy

    briguy Guru In Remission! VIP ★★★★★★★★★★

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    If you really believe that..maybe change the "tag line" that is right under your forum name..
    yes I seen a few that I like but really not in my budget! Maybe in a few years when price is down..
     
  15. ZapNano

    ZapNano :( VIP

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    .online, io, VIP, store, shop, tv, live, news, pizza, rent, gold and other once that make sense. Maybe I missed something...
     
    Last edited: Sep 18, 2016
  16. HotKey

    HotKey Made in Canada VIP

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    This means nothing other than he made bad choices with the extensions. Only a half-wit would keep that many names with those subpar extensions in their portfolio.

    Even with great names, gTLD's were never meant for a quick flip. It is inconceivable to think they would catch on quicklly enough to be profitable within the first 5, even 10 years. Spending a fortune on a vast array of names, and then budgeting for the renewals is daunting. Better to keep it smart and slim.
     
  17. hullswingerscom

    hullswingerscom Top Member VIP ★★★★★★★★★★

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    i would still like to own and develop sex.shop
     
  18. Canadian

    Canadian new gTLD enthusiast

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    I was "quoting" part of the title of this thread "New Gtlds are DEAD!!"
    Oh my :-,
     
  19. ksusha64

    ksusha64 Top Member VIP

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    They will charge you INSANE RENEWAL FEE for it. It will be cheaper to buy amazing com domain
     
  20. garptrader

    garptrader Top Member VIP ★★★★★★★★★★

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    New TLDs are great for low-budget developers and small businesses who don't want to pay for an aftermarket domain. However that makes them challenging investments. Keyword availability tends to be easier in alternative extensions because there are far fewer registrations in those extensions. However selling domains in alt TLDs continues to be rather difficult. If you cannot sell .net or .info or .tv domains at a portfolio profit why would you invest in New tlds?
     
  21. Lite

    Lite Established Member

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    I dropped 500+ but I still believe in few.
     
    Last edited: Sep 18, 2016
  22. TopShelf Domains

    TopShelf Domains Established Member

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    Makes sense to drop the trash. If you look at some of his listings on afternic there are some pretty bad combos. Seems like a computer generated list that wasn't scanned over. But I still like his med.link name
     
  23. Adam27

    Adam27 Blockchain.link for Sale or Lease VIP

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    Frank Schilling dropped 230,000 not 100,000. Can you update the title? :)
     
    Last edited: Sep 18, 2016
  24. ZapNano

    ZapNano :( VIP

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    Even in real life, anything that don't make sense you lost.
     
  25. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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