new gtlds One Guys Registered 15 Domains At $12,500 On .Loans/.Credit

[Arpit131]

.Loans and .Credit went into the 1st day of the Early Access Program for collision domain names (EAP) Period yesterday and one guy, Ken Bramon of KB Productions Kirkland Canada spent around $180,000 registering new gTLD domain names.

10 of those domain names were .loan, 4 were .credit and one was a .cash domain.

Source: The Domains

 

[mad409]

Very nice but they should be listed as a gTLD sale vs. normal regs since the register is replacing the domainer with these type transactions.

You will not see this within any domain sales chart, or blog..

 

[Kate]

That reminds me of a guy who posted here once, after he had bought 500 .xxx domains @ $80 a piece I think. Many of those domains were even available in .com...

I think it is a huge risk to spend that much on new extensions, but at least he picked the keywords carefully. I hope the renewal is standard pricing
Flipping these names for profit could be hard

 

[ChubbyDfat]

I think someone else hit on this.

For just a little bit more $$$ and a little bit more time and effort, the could have opened up his own extension .KBP or something like that.

That is a fairly large gamble to take on untested domains. Who knows... could be anther .MOBI or one of them could be the second coming of .COM.

I will stick with my rule of thumb. Never pay premium price for nTLDs, that includes initial price and/or renewal. Chances are that you will have to hold that nTLD for several years and when you go get the chance to sell it... maybe you might get back the capital that put into it???

Just a thought.

Cheers