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Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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Tooting
the .XYZ Horn: Founder Daniel Negari Says His
New gTLD Debuted With a Bang
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Daniel
Negari
.XYZ Founder & CEO
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The
new gTLD field is getting
more crowded with each passing week,
making it harder and harder to stand
out in the crowd. .CLUB,
currently the #1 new gTLD released,
has done it with a high powered
marketing campaign complete with
celebrity registrants like 50
Cent and Demi Lovato. .XYZ
Founder Daniel
Negari, whose extension
just entered general availability
Monday, has also been one of the few
new gTLD operators that has spent
big to publicize their extension.
Daniel has also drawn attention by talking
big, predicting that
.XYZ will have 1 million registrations
in its first year and is
destined to be the "new"
.com. Those audacious comments
have put him and his TLD both in the
spotlight and under the
microscope of skeptics and
critics who seek to deflate his
balloon. The
opening day numbers have kept the
pot boiling on both sides of the
debate surrounding the viability of
.XYZ. NTLDStats.com
currently shows .XYZ with 18,621
registrations after one day, but
Negari, in a blog
post today, said the
number for the full 24 hours since
the opening bell are actually over
31,000, which would |
put
.XYZ in the top ten new gTLDs after
one day (the 18,621 figure would
also leave them in good shape at
#11).
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Even
so, an oddity in those numbers is
drawing a lot of attention. Over 9,000
registrations were made at one
registrar, NetworkSolutions,
under WhoIs Privacy (that is more
than half of the registrations
reported by NTLDStats.com - unusual
since NetSol usually gets well under
5% of a new gTLD's registrations).
Also, .XYZ is a bargain priced
domain by new gTLD standards (just $8.88
at Uniregistry,
which is even lower than the
wholesale cost I get as a reseller
for my current registrar). So, why
would thousands of people pay 3 to 4
times more at a registrar known for
its high prices? Some speculate that
those names were given to .com
owners of the same term at no charge
to inflate numbers. Whatever
the case may be, it is hard to call
winners and losers after just one
day on the market, though that
hasn't stopped a lot of people from
trying. Negari, a young entrepreneur
who has been successful in many
other enterprises certainly seemed to be thrilled
with how .XYZ came out of the gate,
as shown in this launch video, shot
today, that he posted on YouTube. |
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.XYZ
will continue to bear watching in
the days ahead and not just because
people want to see how well the
registration numbers hold up against
Negari's next big thing prediction.
.XYZ is something of a unique
animal in the new gTLD space in that
it doesn't mean anything. Negari
believes the generic nature
of the extension is its biggest
advantage - allowing it to work
with any keyword - thus expanding
its audience. Critics claim just the
opposite - that |
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it
doesn't work with any keyword
because it adds no meaning to the
string, just unnecessary random
letters. |
It
has been said that you can brand anything
with enough money. Whether or not
Negari, who is all in with
his extension, can build .XYZ into a
widely-known and adopted brand will
be one of the most interesting
stories to come out of the entire
new gTLD initiative. On that level,
.XYZ, like .CLUB, has already
succeeded. They've made themselves a
story in a field of mostly
anonymous extensions. When it comes
to publicity - when you are
trying to take market share from a
behemoth like .com - every
little bit helps. |
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(Posted
June 3, 2014)
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