I'm not even going to waste my time reading this at the moment. I can only speculate that once .xyz failed and was called out giving freebies away and forced opt-in domains at NetSol, they stopped all those practices where they were being called out to read their million registration mark.
However in Asia; speaking Japan specifically, they picked up a huge number of domains at
Onamae.com (the GoDaddy of Japan) on 3 different days. A total of 71,794 at the time of this post with a surprising one day peak of 5,713, followed by another spike of 9,500 even (how convenient that it was rounded off) and another spike of 6,627 on 10/31/2014.
With GMO (Onamae), .xyz accounts for 56.3% of their total registrations.
You see the same pattern with
Xin Net as you do Onamae.
Something smells fishy, and it's not rotten tuna.
So potential in China? No.
I can attest for the domain names in Japan as I've been here for so long. A lot of companies don't realize a .co.jp (expensive and restricted), .jp (~$100) or a .com would significantly increase their business. That is why a lot of companies go belly up, because they pay for print advertising and distribution of flyers (which end up in the trash).
.info was huge as it was 99 cents. It is still widely being used for mom and pop companies.
When .xyz came out with freebies, I believe ~80 cents and now at a stunning amount of $1.55 to register (without coupons applied if they have a system of such), they have been having constant "registrations" (can only speculate they aren't defensive registrations as I haven't looked into them with a fine tooth comb).
Negari stated he would have 1,000,000 registrations by the end of the year. He got caught red handed in North America with the NetSol scandal. So the next best move was to Asia to crank the numbers up to 700k.
Will he make it? Yes, as long as he can recruit devil advocates on other continents (South America, Europe, Africa and Australia).
He may even break the numbers by mid December.
And that is why .xyz is by far the worst. Padding the numbers to dupe investors into an "aftermarket" of pure crap. Not only is it a bad gTLD, the company just doesn't have good business ethics.
I would really like to see the mission statement and core values of XYZ.COM, LLC., and not the fake ones they provide publicly, the internal ones in which they are thriving by.