alert Wow, pretty amazing .xyz scam?

[Arjun Oli]

 

[domvault]

3.1415927 you get a c-
So important to remember that at time.

i am more like an " f " kind of a student

 

[MadAboutDomains]

Here are the names featured in the screenshot from the OP and their renewal costs as quoted by a popular registrar with the profit assuming only 1 year of registration fees and the sale price on namebio:

Created Date - domain - yearly renewal - profit/loss
================================================
2019-07-01 - homepage.xyz - $10.99 - $59,989.01 PROFIT
2021-12-10 - scores.xyz - $650 - $380 PROFIT
2021-12-11 - tour.xyz - $3,125 - $314 PROFIT
2021-09-13 - bags.xyz - $260 - $1,540 PROFIT
2022-01-28 - vikings.xyz - $10.99 - $990.01 PROFIT
2021-11-19 - investments.xyz - $1250 - $2,300 PROFIT
2021-06-13 - browsers.xyz - $10.99 $7,489.01 PROFIT
2015-07-08 - traveling.xyz - $10.99 $1,689.01 PROFIT
2021-10-21 - yoga.xyz - $650 - $1,759 PROFIT
2021-12-10 - cameras.xyz - $650 - $26 PROFIT
2022-03-13 - note.xyz - $260 - $2,041 PROFIT
2019-11-11 - car.xyz - $1250 - $3,750 PROFIT
2021-10-22 - torrent.xyz - $650 - $471 PROFIT
2021-12-09 - beds.xyz - $650 - $127 PROFIT
2022-03-27 - tin.xyz - 260 - $189 PROFIT

2021-11-13 - vehicle.xyz - $1,250 - $946 LOSS
2021-11-18 - pharmacy.xyz - $1,250 - $585 LOSS
2021-10-29 - electricity.xyz - $650 - $85 LOSS
2021-11-23 - hospital.xyz - $1,250 - $259 LOSS
2021-12-08 - bowling.xyz - $650 - $380 LOSS
2021-11-27 - yachts.xyz - $650 - $279 LOSS

It's surprising to me how many people are looking to offload their investments in these domains if they are confident that they will shoot up in price. What is possessing them to get rid of them so quickly after registration?

 

[JimmySun]

The gap between reseller prices and end user prices in .XYZ is quite striking.

If you look at the sales chart above it is quite amazing the quality of keyword that are selling for mid $XXX to low $X,XXX reseller prices. Several of those terms are likely (7) figures in .COM.

Though in fairness, that is how it works in most secondary extensions. I have sold some .US domains in the tens of thousands range that I purchased for (3) figures. You need the massive margin to cover for the low sell-through rate.

Brad

This kind of topic has been brought up again and again as you can see most of them are carrying registry premium renewal fees, and I don't think you didn't aware that since you've been around here so long. The sales from Swetha are all standard renewals.

o

 

[DNGear]

May be we should create same title posts with fake ID's.

like

.Com is Scam
.IO is Scam
.Co is Scam

 

[JimmySun]

That’s exactly my point, extensions that charge a premium yearly fee (that is not fixed and can go up) is not really investable.

Investors don’t want them and most end-users don’t want them. So what we are seeing right now, mainly from Swetha is average or below average (hence the none premium fee) dictionary word sales in .xyz going for like $10k on average.

Fair play to her, but let’s have it right the only reason why start-ups are paying this amount, is because the .com is much more expensive and other extensions like .co/.io may already be in use or priced higher than the .xyz, not because they prefer .xyz over .com or prefer .xyz over extensions like .io/.co.

I don't think it's a wrong strategy to set up premium renewals for some famous words. xyz is a domain extension that was only issued in 2014, which is relatively young compared to other extensions. The domain name business is not a new industry, everyone knows car, tour are a good word, The value of the extension would be affected if it was released under standard renewal. How many failed cases are there like .biz, and the CEO knew it. This strategy is more accurate than before and more suitable as a new marketing strategy。

 

[MadAboutDomains]

This kind of topic has been brought up again and again as you can see most of them are carrying registry premium renewal fees, and I don't think you didn't aware that since you've been around here so long. The sales from Swetha are all standard renewals.
Show attachment 214502o

What does that have to do with what he said? Confused!!

 

[JimmySun]

What does that have to do with what he said? Confused!!

What's so hard for you to understand？

 

[biggie]

May be we should create same title posts with fake ID's.

like

.Com is Scam
.IO is Scam
.Co is Scam

Hi

i feel ya

reported this thread twice, and it's still going.

if such an anti-extension campaign was started, it could totally disrupt the legitimacy of np ranking.

imo...

 

[HotKey]

May be we should create same title posts with fake ID's.

like

.Com is Scam
.IO is Scam
.Co is Scam

Exactly, Swetha.

The thread is under "warnings and alerts".. except there's nothing here. Lets at least take something away from this:

*ALERT* Warning, the OP is a bullshitter.

I really dislike bullshitters.

 

[Kingslayer]

I don't think it's a wrong strategy to set up premium renewals for some famous words. xyz is a domain extension that was only issued in 2014, which is relatively young compared to other extensions. The domain name business is not a new industry, everyone knows car, tour are a good word, The value of the extension would be affected if it was released under standard renewal. How many failed cases are there like .biz, and the CEO knew it. This strategy is more accurate than before and more suitable as a new marketing strategy。

Sure it's not a bad strategy for the people that control .xyz if people are stupid enough to pay a premium to acquire on of these domains and then pay a premium every year on top of that too to keep it, but it's not a wise investment to brand around Car dot xyz, an extension not even top 5 and unpredictable renewal fees.

People know this, hence Car dot xyz low price and will no doubt keep selling for around that price ($10k and under).

 

[HotKey]

At least if the thread gets moved to a proper area, it will be laughable at best.

 

[JimmySun]

Sure it's not a bad strategy for the people that control .xyz if people are stupid enough to pay a premium to acquire on of these domains and then pay a premium every year on top of that too to keep it, but it's not a wise investment to brand around Car dot xyz, an extension not even top 5 and unpredictable renewal fees.

People know this, hence Car dot xyz low price and will no doubt keep selling for around that price ($10k and under).

For those high premium renewal domains I think its strategy is tend to focus on companies that won't think spending on it is a big deal, in registry's thought, it is likely reserved in best scenario for famous companies to adopt them for promotional purpose.
I think what people have confused is that they think .xyz would experience the same pace as .com, if privatejet.com worth millions that doesn't mean it worth million in .xyz, and it seems like .xyz is meant to be famous on web3 which true worldwide popularity in industry is yet to come, so I suspect that when it does, those premium XYZ domains will eventually worth a fortune.

 

[MadAboutDomains]

What's so hard for you to understand？

He says that end user sales and reseller prices are far apart and then you began an inane ramble about premium renewals.

 

[JimmySun]

He says that end user sales and reseller prices are far apart and then you began an inane ramble about premium renewals.

because that's the reason causing it happened the different scenario with .us he mentioned, can't you just be a little bit forward thinking?

 

[MadAboutDomains]

because that's the reason causing it happened the different scenario with .us he mentioned, can't you just be a little bit forward thinking?

Can't you be a scintilla less rude?

 

[Liberty Wolf]

Seems like more crypto sites are using .network, .io or .finance than xyz from what I've been seeing

Eg https://golden.com/query/list-of-cryptocurrency-companies-E5Y

This is an eye-opening perspective on what extensions tech companies are going with, I went through the first 1500 and only found 12 with xyz. The data doesn't reflect what a lot of articles keep saying about xyz being the fan favorite for tech, metaverse, crypto etc. Thanks for sharing.

 

[dirk]

xyz is meant to be famous on web3

I noticed people bringing up this argument a lot. I fail to see how .XYZ would give a company a significant advantage in web3.

Let's cut the crap. Web 3 has absolutely nothing to do with domain extensions. It's about the tech behind it and the way it works.

Now... there are obviously handshake extensions, pretty cool, but XYZ is no part of that.

When the time comes the layman will generally accept (let alone understand the concept of) web3, getting in on the decentralised web, they will prefer what's familiar to them. That's .com, ccTLD.

They're all just tlds, like XYZ. Technically not a single difference. So again, how does that make XYZ web3? It's just a narrative pushed by a certain crowd ignoring facts and reality.

Web3 enthusiasts and related companies may like the extension, don't mind adopting it, but ultimately: pushing the extension using this argument is nonsense.

 

[JimmySun]

This is an eye-opening perspective on what extensions tech companies are going with, I went through the first 1500 and only found 12 with xyz. The data doesn't reflect what a lot of articles keep saying about xyz being the fan favorite for tech, metaverse, crypto etc. Thanks for sharing.

Well, I considered it's an eye-closing perspective.
It has been more than 10 years since the launch of cryptocurrency projects. Many entrepreneurs found opportunities in the early stage, mostly in 2014-2020, which was the first exchange, then 2D cryptocurrency games like Crypto Kitty, and then ipFS to DEFI to NFT projects, during that time, few companies knew xyz.

.XYZ became popular at the end of 2021 as big companies like block.xyz, paradigm.xyz etc continue to use .xyz because it can be easily identified by ENS as wallet address.
you can easily check the following members of XYZ on Twitter by here
https://twitter.com/xyz/following

 

[biggie]

pushing the extension using this argument is nonsense.

Hi

pushing the extension, by using any argument that's plausibly conceivable,
has always been the sop since the pre-launch of .mobi

land-rush was the next stage, followed by "the gangster stage" when the registries decide to just keep certain names and auction them off, or sell for premium registration price.

somebody always makes and somebody always loses money when new extensions are released.

not long ago, folks were saying .io and .ai were being used by tech companies, so isn't web3 technical?

it's circumstances, that make other options viable, if/when those choices and .com are unavailable

imo...

 

[JimmySun]

I noticed people bringing up this argument a lot. I fail to see how .XYZ would give a company a significant advantage in web3.

Let's cut the crap. Web 3 has absolutely nothing to do with domain extensions. It's about the tech behind it and the way it works.

Now... there are obviously handshake extensions, pretty cool, but XYZ is no part of that.

When the time comes the layman will generally accept (let alone understand the concept of) web3, getting in on the decentralised web, they will prefer what's familiar to them. That's .com, ccTLD.

They're all just tlds, like XYZ. Technically not a single difference. So again, how does that make XYZ web3? It's just a narrative pushed by a certain crowd ignoring facts and reality.

Web3 enthusiasts and related companies may like the extension, don't mind adopting it, but ultimately: pushing the extension using this argument is nonsense.

seems you don't understand what gives a domain extension value. The global adoption rate of an domain extension is from its reputation, you could say that the function of all domain names are the same, but a large value derived from its image, .com is famous because it issued earlier and carried with good meaning(company, commercial etc.) nothing more, HNS allows you to create a domain extension does that mean the fame of the extension itself depends on adopters's own promotion? This largely limits its potential in value, which is an adverse condition to domainers, I am not saying HNS is bad, on the contrary I think HNS is a good project but as an investor's point of view it just needed to wait longer.