NameSilo

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

Replies:
632
Views:
33,292

  1. ksusha64

    ksusha64 Top Contributor VIP

    Posts:
    13,565
    Likes Received:
    3,467
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Addison

    Addison Top Contributor VIP

    Posts:
    829
    Likes Received:
    1,769
  3. Addison

    Addison Top Contributor VIP

    Posts:
    829
    Likes Received:
    1,769
    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 Contributor VIP

    Posts:
    13,565
    Likes Received:
    3,467
    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

    Posts:
    354
    Likes Received:
    232
    I lost some money....learned good lesson. Will never hold anything that doesnt make sense
     
  6. Al Cohol

    Al Cohol Established Member

    Posts:
    162
    Likes Received:
    236
    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 ★★★★★★★★★★

    Posts:
    20,494
    Likes Received:
    66,068
    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

    Posts:
    1,823
    Likes Received:
    3,871
    all the crappy extensions, lol
     
  9. Canadian

    Canadian new gTLD enthusiast

    Posts:
    376
    Likes Received:
    496
    oh my
     
  10. ZapNano

    ZapNano :( VIP

    Posts:
    4,360
    Likes Received:
    4,539
    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 Contributor VIP ★★★★★★★★★★

    Posts:
    1,497
    Likes Received:
    4,429
    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 ★★★★★★★★★★

    Posts:
    4,335
    Likes Received:
    9,177
  13. imadoer

    imadoer Top Member PRO VIP

    Posts:
    5,068
    Likes Received:
    5,111
    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 ★★★★★★★★★★

    Posts:
    20,494
    Likes Received:
    66,068
    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

    Posts:
    4,360
    Likes Received:
    4,539
    .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

    Posts:
    2,727
    Likes Received:
    6,503
    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 Contributor VIP ★★★★★★★★★★

    Posts:
    4,685
    Likes Received:
    1,328
    i would still like to own and develop sex.shop
     
  18. Canadian

    Canadian new gTLD enthusiast

    Posts:
    376
    Likes Received:
    496
    I was "quoting" part of the title of this thread "New Gtlds are DEAD!!"
    Oh my :-,
     
  19. ksusha64

    ksusha64 Top Contributor VIP

    Posts:
    13,565
    Likes Received:
    3,467
    They will charge you INSANE RENEWAL FEE for it. It will be cheaper to buy amazing com domain
     
  20. garptrader

    garptrader Top Contributor VIP ★★★★★★★★★★

    Posts:
    3,075
    Likes Received:
    3,372
    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 Account Closed (Disallowed)

    Posts:
    702
    Likes Received:
    1,073
    I dropped 500+ but I still believe in few.
     
    Last edited: Sep 18, 2016
  22. TopShelf Domains

    TopShelf Domains Established Member

    Posts:
    323
    Likes Received:
    162
    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 VIP ICA Member

    Posts:
    2,949
    Likes Received:
    3,204
    Frank Schilling dropped 230,000 not 100,000. Can you update the title? :)
     
    Last edited: Sep 18, 2016
  24. ZapNano

    ZapNano :( VIP

    Posts:
    4,360
    Likes Received:
    4,539
    Even in real life, anything that don't make sense you lost.
     
  25. gilescoley

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

    Posts:
    12,663
    Likes Received:
    13,784

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
NameWorth
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...