Dominion.Domains

This country makes 10% of its national earnings from domain names

Discussion in 'ccTLD Discussion' started by News, Feb 14, 2018.

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  1. News

    News Hand-picked News VIP

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    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. donnied79

    donnied79 Active Member VIP

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    So basically when you buy a .tv domain you contribute to the wealth of a country!
    Be a good person, buy .tv!
     
  3. GoneWalkabout

    GoneWalkabout Active Member VIP ★★★★★★★★★★

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    Making revenue by allowing their .tv country code to be used for the world's media and TV websites is a far superior method than that used by Nauru - one of Tuvalu's neighbouring Pacific island nations.

    Nauru made literally hundreds of millions of dollars in the Sixties and Seventies by selling guano - which is basically the excrement of seabirds. The guano was eventually all removed (it was used for feriliser) and now the country is broke - relying on Australia to give it money for letting it house an immigrant detention centre.

    So, yet another reason to gain pleasure from your purchase of a .tv name


    The people of Tuvalu can enjoy their Pacific paradise and, literally, keep their own sh*t.
    That's got to be good.



    https://en.wikipedia.org/wiki/Economy_of_Nauru

    https://en.wikipedia.org/wiki/Tuvalu
     
  4. dordomai

    dordomai Active Member VIP

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  5. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    So the contribution to the annual budget would be around:
    $2-3 million per year
    Surprisingly little or is it just me ?
     
  6. OmarVG

    OmarVG Active Member VIP

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    So far no .TV domain in my portfolio!! So I don't contribute to that 10% country earnings. :wtf:
     
  7. johname

    johname Alas the Fins of Teal VIP ★★★★★★★★★★

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    The United Nations designates Tuvalu as a least developed country (LDC) because of its limited potential for economic development, absence of exploitable resources and its small size and vulnerability to external economic and environmental shocks.

    The thing is that Tuvalu wants to deffer graduating out of LDC because they dont want to lose funding assistance from other countries.

    Tuvalu biggest money maker is about 10 mil a year for tuna rights.
     
    Last edited: Feb 14, 2018
  8. GoneWalkabout

    GoneWalkabout Active Member VIP ★★★★★★★★★★

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    I agree it does seem quite a small amount, but this needs to be put into perspective. The population of the country is not even 11,000, which is about half of the people who work in the pentagon building on a normal week day.

    So that $2-3 million a year can go a very long way - like paying for the whole of the free education system for all 6 to 15 year olds in the country.

    And, of course, the money is completely free, and still allows for the registrar (Verisign) to make sufficient profit themselves from .tv names.
     

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