NameSilo

We Want Forever Registration!

Located in General Domain Discussion started by Welberch, Nov 6, 2019 at 6:47 PM.

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  1. Welberch

    Welberch Welberch, LLC VIP ★★★★★★★★★★

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  2. Samer

    Samer Established Member

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    First one to sign!!!

    Samer
     
    Last edited: Nov 6, 2019 at 7:04 PM
  3. strugar

    strugar Established Member

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  4. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO Gold Account VIP

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  5. bmugford

    bmugford www.DataCube.com PRO ICA Member VIP ★★★★★★★★★★

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    Let's take .COM. You have no idea what is going to happen with prices.
    Unless the registry is on board, the service is worthless.

    For the company it is collecting income now for future services rendered; decades down the road.
    It would be a pure faith play by giving money to a company for a service or product decades away.

    Brad
     
  6. barman

    barman Established Member

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    I don't understand. How does this work?
     
  7. Welberch

    Welberch Welberch, LLC VIP ★★★★★★★★★★

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  8. NameDeck

    NameDeck Design. Develop. Deploy. VIP

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    No. They register it for the maximum number of years, then they extend that each and every year untill they go bankrupt :).

    There are possible cases where it's interesting to use but unless I pay a lifetime fee at the registry it's not for me.

    And even then... .ro was free 'forever', look how that worked out.
     
  9. Ja Kai

    Ja Kai Established Member

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    Horrible idea....unless you completely despise dropcatch.com and snap/NJ - and that hate is so deep that you would sacrifice your own livelihood.

    A domain world where you can only acquire domains via handreg. No expired auctions/no drop catching.

    Would be great for Hugedomains and others who have a complete portfolio - maybe. I don't even think a good thing for them.

    You pro-lifetime registration folks are nuts.
     
  10. NameDeck

    NameDeck Design. Develop. Deploy. VIP

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    I can get that it's something that could make sense to a lot of end-users.

    I trust Epik not to go anywhere soon but what happens when the next CEO decides forever domains aren't a profitable service anymore?
     
  11. Sutruk

    Sutruk Established Member

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    Really, nothing lasts forever. This is like Hosting companies saying they offer Unlimited bandwith for 99 bucks, no way.

    Registry prices can change, the Registrar itself can crash in the next few years. Are you telling me that a Registrar is going to offer you a domain for a one time fee for the next 100 years? really?

    No way.
     
    Last edited: Nov 6, 2019 at 7:43 PM
  12. Ja Kai

    Ja Kai Established Member

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    Lifetime registration is a crutch for those who don't know what they are doing...
     
  13. Ja Kai

    Ja Kai Established Member

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    UDRP's would go through the roof - Nuts - total nuts....
     
  14. Ja Kai

    Ja Kai Established Member

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    And when someone dies/divorces, or just says, 'the hell with domains", those domains will be lost forever...
     
  15. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    I think there needs to be some protection and that the no caps movement is the wrong direction. Actually I would like to see price caps on every extension! I mean they could be high enough that any reasonable company could live within them, maybe 5% per year maximum. It would help end sales because buyers would not worry they might suddenly triple.
    Bob
     
  16. Welberch

    Welberch Welberch, LLC VIP ★★★★★★★★★★

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  17. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    I agree. No doubt real costs are going down for a growing registry re per domain costs. By having a cap does not mean that it would automatically increase by that amount, just set a maximum that it could increase at.
     
  18. werty

    werty Established Member ★★★★★★★★★★

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    I wouldn't vote for that business model. Prefer current model where domains expire and one can actually make money from them.
     
  19. Samer

    Samer Established Member

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    hate subscription business-models; why not both! Rob’s got a long fight ahead, im with him every step way

    Samer
     
    Last edited: Nov 6, 2019 at 9:23 PM
  20. mayazir

    mayazir VirtualNameMarket.com VIP

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    i dont get the point..if you want to pay once, then pay for the next 30-40 or 50 years..
    you also can reg at Namesilo and if you forget to renewal, you still have 30 days to renewal at usual fee
     
  21. Paul 11

    Paul 11 Upgraded Member Gold Account

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    Where is the best single place (url, post) where I can see the case made for this (the clearest makes-sense, organized argument for it).

    I have training in Marshall Rosenberg's work (and many many others do too) to be able to take a magnifying glass to the language (words and the tone) of a communication because, ultimately, it will be the words and the tone that will connect the sides, or not (lead to a mutual connection or not).

    Getting things done and done well is all about mutual connection and its result: mutual cooperation and action based on that.

    My offer/intention is to participate with my experience and share back to all interested.

    For anyone not aware of Marshall's work (which has touched and changed millions of lives for the positive better. globally), Google his name to learn more about it (some call his work nonviolent communication and some call it compassionate communication; they're the same).

    Paul
     
    Last edited: Nov 6, 2019 at 9:24 PM
  22. oldtimer

    oldtimer Do some good for humanity and the environment VIP ★★★★★★★★★★

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    Forever domains sounds good if it's somehow guaranteed to be Forever although like most other Forever things like "lifetime warranty" it might be more of an advertising and branding tool than being what the word actually means.

    Nevertheless why do we have to pay so much per year for a domain in the first place, I know that at the beginning it was necessary to charge something to get the internet infrastructure in place, but now that there are almost 300 million domains registered Worldwide why shouldn't the registry price of for example .com go down considering that the number of registrations have been steadily increasing and in a few years they might be double of what they are today.

    I believe that when .com registrations reaches to 200 million the registry should be charging 99¢ per domain plus 2 or 3¢ for ICANN fees.

    IMO
     
    Last edited: Nov 6, 2019 at 10:01 PM
  23. NameDeck

    NameDeck Design. Develop. Deploy. VIP

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    It's all speculation and that's probably what drives forever registrations.

    Say in general a .com costs $10 to register and/or renew. A forever registration would equal up to 40(!) years of registration (say its $400 once). If... Pricing would stay the same.

    Let's look at a 20 year lifespan with a 7% increase every last four years in a 6 year period (as per verisign's wishes)... Why 20? Because I doubt in 20 years we'll be using domains the way we are now.

    On a regular reg:
    Year 1: $10
    Year 2: $ 10
    Year 3 (+7%): $11.07
    Year 4(+7%): $11.84
    Year 5(+7%): $12.67
    Year 6(+7%): $13.56
    Year 7: $ 13.56
    Year 8: $ 13.56
    Year 9(+7%): $14.51
    Year 10(+7%): $15.53
    Year 11(+7%): $16.61
    Year 12(+7%): $17.78
    Year 13: $17.78
    Year 14: $17.78
    Year 15(+7%): $19.02
    Year 16(+7%): $20.35
    Year 17(+7%): $21.78
    Year 18(+7%): $23.30
    Year 19: $23.30
    Year 20: $23.30

    Total: $327.30 vs $400 for a forever reg.

    So basically you would be giving your registrar +/- $70 interest free credit at minimum (not taking into account they can lock up the first 10 years at just $10) ,per domain ,for the next 20 years. Also not taking into account that a registrar's costs are lower than what a registrant would have to pay and some added interest they could generate from the initial payment over the years. GD had 62M domains in 2018. Say they are all forever regs. That would equal to 4.340M in capital they can reasonably invest for a 20 year period.

    Getting the bigger picture yet?

    We could go on and extrapolate for the next 20 years including the 4.240M cash invested generating even more capital but that would be a bit much to speculate on.

    Forever registrations can give people ease of mind. No worries about renewals. If that's the case, that $400 may well be worth it... from a monetary POV it's just big business... just my opinion.
     
    Last edited: Nov 7, 2019 at 12:35 AM
  24. Avtar629

    Avtar629 MarketDN.com Gold Account VIP

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    Sounds like a GREAT "F U" to a buyer with deep pockets but hates to pay your price but really needs it.:xf.wink::xf.grin:
     
  25. Larion

    Larion Established Member

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    I spoke with a friend who runs his own domain-registrar.
    He said he is paying about 1 USD (or less) per domain per year.

    So the domain-registrars are actually making a lot of money.
     

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