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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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Christmas
Comes Early for .CLUB, .VIP & .XYZ as First
Western New gTLDs Given Full Access to China
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It's
a happy day
for the operators of the .CLUB,
.VIP & .XYZ New
gTLD registries. After months of
steady spadework they have become
the first three new gTLD
operators to be given an approval
from China's Ministry of Industry
and Information Technology (MIIT)
that will allow that nation's
citizens to use local hosts
to utilize or build websites on
their extensions.
Prior
to now, the registries could sell
their domains in China but
registrants were limited in what
they could do with them. The MIIT clearances
should provide a nice business
boost to three new gTLDs that
already rank
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Image
from Bigstock
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among
the ten most popular ones (in terms
of registrations) among the hundreds
that have been launched over the
past two years.
Daniel
Negari
.XYZ Founder & CEO |
.XYZ,
who has the most new gTLD registration
at more than 6.6 million,
will be able to expand their
presence in a market that
has already accounted for
more than a third of their
registrations. He
Xiaojiang, CEO of
registrar Chengdu West
Dimension Digital Technology
Co, LTD. said,
"With the abundance of
.xyz websites we will be
seeing in China in the near
future, we expect our daily
.xyz registration volume to
grow by a factor of 10,
while aftermarket activity
and auction sale prices rise
dramatically in the coming
months.
Under
the guidance of Founder and
CEO Daniel Negari
.XYZ prepared for an
expected increase in
popularity by implementing
its first phase of expansion
in the region earlier this
year when it opened an
office in Beijing. In
November Negari went there
to meet with Chinese
registrar partners and
also gave a keynote
speech at World
Hosting Days. Mason
Zhang, XYZ’s Business
Development Director in
China, will lead the company’s
continuing expansion efforts
there in 2017. |
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CEO
Toby Hall
Minds + Machines (.VIP) |
.VIP,
a TLD that is operated by the Minds
+ Machines Group (MMX),
owes an even bigger share of
its success to China with over
90% of their more than 530,000
registration coming from
China according to ntldstats.com
(that ranks 9th among all new
gTLDs).
M+M
CEO Toby Hall said, “MIIT approval is a major milestone
for MMX and the continued
successful development of our
dot VIP domain. We share the
China domain industry’s
opinion that regulatory
approval will provide for another
wave of top-level domain
growth in the region.
Influential Chinese registrars
will now be able to market
this select group of approved
new gTLDs more actively to the
important local Chinese SME
end-market for usage. We are
deeply honored to be one of
only three registries to be
approved in this first round
of approvals.”
Dr. Mao
Wei, Board Chairman of
ZDNS, MMX’s technical
partner in China, added
this about .VIP, "We
believe it has the potential
to become one of the most
popular, significant top-level
domains in China." |
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.CLUB
Is the 5th largest new gTLD
with over 880,000 registrations
and more than 50% of
those have been made in
China. Registry
Founder and CEO Colin
Campbell (who is
profiled in the current DNJournal
Cover Story)
said this about getting the
coveted MIIT approval,
"The Chinese market is extremely
important to us, and we’ve
worked very hard at
understanding how the
regulatory system there
works and how we can work
with the government as it
evolves."
"We’re
very proud to be among the
first foreign domain name
registries approved. While
we’ve already enjoyed some
success in China, we now
look forward to expanding
the reach and popularity of
.CLUB to the many
businesses and entrepreneurs
developing their online
presence in China. Being an
approved registry opens the
door to great expansion for
us in the Chinese market.”
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Colin
Campbell
.CLUB Founder & CEO |
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(Posted
December 5, 2016)
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