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The
Lowdown
March
2017 Archive |
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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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Sedo
Leaders Headed to Dubai to Pitch the Value of
Domain Assets to Over 15,000 International Investors
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Dubai's
Annual
Investment Meeting (AIM)
is an event focusing on foreign
direct investment (FDI)
opportunities in growing markets
that will draw over 15,000 visitors
to the 7th annual meeting Sunday
through Tuesday (April 2-4,
2017) at the Dubai World Trade
Centre. Sedo
will be among the exhibitors at AIM,
making their
first appearance at a conference of
this kind. They will also be the only
company presenting domain names as
investment quality assets to this
influential audience.
Sedo
spokesman Semra Koerner told
me, "Our goal is to attract
investors who are looking for
lucrative assets to the topic of
domain trading."
Toward that end Sedo will take part
in the many B2B and B2C events
that are part of AIM as well as
being an exhibitor there. CEO
Tobias Flaitz, Director of
Business Development and Operations Matthias
Meyer-Schönherr and Director of
Marketing Christian Voss will
all
be on site to speak directly with
potential investors.
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(Left
to right): CEO Tobias
Flaitz, Director of
Business Development &
Operations Matthias
Meyer-Schönherr and
Director of Marketing Christian
Voss will all be on hand
to represent Sedo at
AIM. |
The
AIM website describes the event at
"the leading global platform
aimed at facilitating strategic
networking and promoting investments
while providing a rich learning
experience. It gathers the
international investment community,
corporate leaders, policy makers,
experts, and practitioners from
across the globe to discuss
strategies on attracting FDI and to
connect businesses and countries
willing to engage in sustainable
partnerships with investors." Sedo
has utilized an extraordinary variety
of creative
events and initiatives
to take the domain "story"
to a wider audience and this looks
like one that could be especially
fruitful.
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Asset.com
Changes Hands for $406,000 in 2017's 3rd Biggest
Domain Sale to Date - Deal Brokered By Sharjil
Saleem
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If you are a regular reader
of our weekly
domain sales report
you've probably gotten used to
seeing the name of Dubai-based
broker Sharjil
Saleem attached to what
has become a long line of impressive
sales over the past year. The
biggest was the $252,500 sale
of 0123.com that he
co-brokered with Flippa
in October. Since then he has helped
find buyers for names like 7200.com
($46,000), Shelly.com
($35,000), 5530.com ($31,000)
and a number of others. It turns out
he was just getting warmed up
though.
We've
just learned that Sharjil, acting as
the seller's broker, has closed a $406,000
deal for Asset.com. When we
add that sale (for which we have
seen the full documentation) to our
charts in this week's report
Wednesday evening (March 29),
Asset.com will rank as the 3rd
highest sale reported so
far this year (assuming,
of course, that no larger sales come
to light over the next 48
hours). The only ones that
have been higher are 01.com
at $1,820,000 in February and
Refi.com at $500,000
earlier this month.
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Sharjil
Saleem
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This
isn't likely the last big sale you
will see from Saleem, who also
invests in domains himself. He
is also representing names like
Finland.com
and
DXB.com (the abbreviation for
both Dubai and its airport) and several others that are
currently listed on his LinkedIn
profile.
Asset.com
won't be the only new six-figure
sale in this week's sales report.
Shortly after we published this
article we learned that MNG.com
has been sold for 520,000 Turkish
lira (approximately $140,000)
in a deal co-brokered by Uniregistry's
Arif Sengoren and AlanAdlari.com.
Arif and AlanAdlari.com are both
based in Turkey and the name
was purchased by a Turkish company.
This will also rank among the ten
biggest sales reported so far this
year (#8 as of today).
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Radix
& Sedo Confirm Record-Breaking All Cash Sale
of Casino.online for Over $200,000
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Radix, the
operator of multiple new top-level domains (gTLDs),
has announced
the sale of Casino.online to an
anonymous buyer for $ 201,250 in an
all-cash deal. The registry made
the sale through Sedo, the world’s largest domain
marketplace and monetization
provider. This is the
highest reported price paid to date for a single
domain in a new gTLD.
Casino
is one of the highest valued
keywords on the web and the term
"casino online" is the 4th
most valuable in the UK
according to Radix. With
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respect
to the the extension, .online was
launched in August 2015 and Radix is
already able to point to
several popular developed websites
including TNW.online,
Lending.online,
Africa.online,
Geeks.online
and Sportwetten.online
among others. The company also cites
an ICANN survey that ranks .online
number 1 in customer awareness in Europe
and countries like Germany, France
and Poland vs. all other new domains.
The survey ranked .online at #3 in awareness
worldwide.
Sandeep
Ramchandani (Radix
VP/Business Head) speaking at
the 2017 NamesCon
conference in Las Vegas in
January. |
Sandeep
Ramchandani,
Vice
President/Business Head at Radix,
said, "This sale validates the
global potential of our gTLDs owing
to their top-notch quality and
usability. As brands increasingly
choose new domain extensions for
innovative branding of their web
address, the valuation of new gTLDs
is going higher with each passing
year."
Sedo
CEO Tobias Flaitz
added, “We believe five and even
six-figure sales in this category
should continue to be on the rise as
Sedo supports Registries with a full
suite of marketing and
sales activities;
helping to grow awareness for
premium domains.”
In
addition to .online, the Radix
portfolio of gTLDs
includes .tech,
.website, .store, .space
and .fun
(which is currently in the
Sunrise phase) among
others. Ramchandani and
his team believe specific
brand-TLDs or TLDs for a niche
vertical have a limited market
but generic domain
names such as .online or
.website have much wider
usability,
thus indicating that not all
gTLDs are made equal in their
estimation. At the same
time they noted that
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some
of their sector specific
TLDs such as .tech and
.store are seeing
considerable organic
adoption thanks to their
direct relevance to the
technology and e-commerce
fields. |
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Domain
Consultant, Investor & Writer Joseph
Peterson Joins Epik as Director of Operations
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Veteran
domain industry branding consultant,
investor and writer Joseph
Peterson has joined Epik
Holdings, Inc. as
Director of Operations (Joseph is
also a veteran in the original military sense
of the word having spent eight years
as a Navy submarine officer)!
Peterson entered the domain world in
2011 after leaving active duty and
had an immediate impact with most
first becoming familiar with him
through his very well written,
thoughtful commentary on industry
issues. Initially that came in
insightful posts on leading industry
blogs, then in 2014 became more
formalized when he became a regular
contributor at DomainNameWire.com.
At
Epik Peterson will oversee process
improvements, manage customer
relations, coordinate outreach,
advise the company and its clients
on strategy, and pursue new
development initiatives related to
naming, online presence, and the
domain market.
Peterson
said, “What most impresses
me about Epik is the team’s
readiness to innovate. Here we have
a global company with talent
spanning Brazil, Europe, and North
America; yet they’re surprisingly
nimble. And while most of the
domain industry is resting on its
laurels, Epik management believes
they have a mandate to reshape
the entire field. And why
not?
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Joseph
Peterson
Director of Operations
Epik Holdings, Inc.
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It’s
time. We have emerging markets
to bring online, new domain use
cases to explore, a longstanding
consumer awareness gap to close, and
a wealth of digital brands awaiting
the right owner. There’s much to
be done."
Peterson
added, "I’m excited to work
once more as part of a team – in
particular, to explore new ways to
pair names with projects, boost
liquidity for domain investors, and
broaden participation in the domain
market overall. Epik and I were
already traveling in the same
direction. It just makes sense to
get there together.”
Over
the past six years in this industry
Peterson has been involved in market
analysis, branding consultancy,
domain portfolio management,
buyer-side brokerage, and software
projects, in addition to his
prolific writing.
Epik
CEO Rob Monster |
Epik
CEO Rob Monster said, “I am
beyond delighted to welcome Joseph
into the fast-growing Epik team as
Director of Operations. This
appointment comes during a time of
accelerating global growth. I have
come to know Joseph as a visionary
with a strategic mind, very high
attention to detail, a prolific work
ethic, and uncompromising personal
and professional integrity. I look
forward to partnering with Joseph to
do amazing things.”
This
announcement arrives on the heels of
Epik’s acquisition
of marketplace and auction platform Undeveloped.com
earlier this
month. Rob Monster was also in the
new in February when we told you
about his new domain-based
project for cities
called Smart Web in
partnership with DigitalTown
and operators of descriptive TLD
registries.
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We've
Just Learned That Pioneering Numeric Domain
Investor T.J. Demas Passed Away Last Summer
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I
was shocked to learn
tonight that pioneering young
numeric domain investor T.J.
Demas had passed away last
summer after a two-year battle with
esophageal cancer. I got the news in
a phone call from Michael Berkens
(TheDomains.com)
who, like me, was both saddened by
the news and surprised it had taken
this long for word
of the passing of such
an important person in our
industry's history to get back to
us.
While
domains were just one of T.J.'s
successful entrepreneurial pursuits
he tried to make it to at least one
conference a year in the mid 2000s
and we were frequently in touch
during those years when he amassed a
phenomenal portfolio of short
numeric .com domain names. In 2008
T.J.'s company (known as E8) spent
over $1.1 million to buy
a group of 11 short numeric domains
(including 11.com). This was years
before short numeric domains skyrocketed
in value in a boom triggered by
Chinese buyers that is still going
on today (in fact the biggest domain
sale reported so
far in 2017 is 01.com
at $1,820,000).
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T.J.
Demas
at T.R.A.F.F.I.C. New York 2008
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In
2011 we reported T.J.'s $525,000
sale of 11.com
which at the time was an all-time
record for a numeric domain
sale. T.J. had paid $188,888
for the name when he went on the
2008 buying spree noted above.
T.J.
was a very personable young
man who struck me as having a genius
level intellect. He graduated from
the University of North Carolina
at Chapel Hill with degrees in
Economics and International Studies,
then went on to earn an MBA at the University
of Pennsylvania's prestigious Wharton
School in 1995. Demas then built
a successful equity investment
career at American Century
Investors in Kansas City and
then as a consultant to Friess
Associates before founding his
own firm, Aspen Edge Research.
Once
Demas discovered domains he decided
- as he did with everything that
interested him - to dive in head
first and learn everything he
possibly could about the business.
T.J.
Demas (left) with domain
industry friend William Gormally
at the 2007 T.R.A.F.F.I.C. New
York conference.
T.R.A.F.F.I.C.
Co-Founder Rick Schwartz (who
has had some landmark
numeric domain sales of his
own) also
just learned of T.J.'s
passing tonight.
"I
was shocked and saddened
to hear of his passing,"
Schwartz said. "I am
pretty sure our relationship
goes back to Rick's Board in |
the
early 2000's. It's a
reminder to all that when we
invest in domains we have to
factor in life expectancy
and the part of life when we
are totally healthy and
mobile."
"I
exchanged emails with T.J.
for many years and he was
into numeric domains long
before the frenzy for
numerics in China. He has
always been cutting edge, ahead
of his time with very
big ideas doing dynamic and
great things. I remember him
working on a fantastic watch
that was just incredible and
he was working on it for
years."
Schwartz
added, "One
email back in 2009 explained
why he couldn't come to T.R.A.F.F.I.C.
that year because he was
going to meet Richard
Branson in San Francisco
to make a sales pitch for
E8.com. Life challenged T.J.
Demas and he challenged
it right back in a very
dramatic and courageous way
that many of us, including
me, can learn from. My
condolences to his close
friends and family."
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Rick
Schwartz
T.R.A.F.F.I.C.
Co-Founder |
T.J.
and his family (wife Dawn and their
twin children) split their time
between homes in North Carolina
(where T.J. was born) and Aspen,
Colorado. The bout with
cancer that took his life was his
second encounter with the deadly
disease. In 1991 he was diagnosed
with Hodgkin's disease but, with the
help of a bone marrow transplant,
beat it and remained cancer free for
25 years. Knowing how fragile
life was he lived those 25 years to the
fullest radiating gratitude
and joy that made simply being
around him an immense
pleasure. The ability T.J. had to
make people feel that way - and continue
to feel that way just thinking
about him - is a great comfort at a
time when no words are sufficient to
convey the stunning loss of such a
bright star so much sooner than any
of us could have ever expected.
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Kate
Buckley Closes Half-Million Dollar Sale of
Refi.com - Now Has Two of Year's Top Three Sales
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Domain
broker Kate Buckley,
Founder/Principal at the Buckley
Media Group, is on a hot
streak that shows no signs of
cooling off. Regular readers will
recall that in the spring of 2016
Kate brokered the $725,000 sale
of Rate.com that wound
up being one of last year's 10
biggest sales. This year also got
off to a great start for her when
she handled the $300,000 sale
of Advance.com to Advance
Publications, Inc. (a privately
held American media company that
counts Condé
Nast among its
holdings).
Today
we got word that Kate has brokered
yet another six-figure blockbuster,
orchestrating the $500,000
sale of Refi.com to a
group of mortgage entrepreneurs led
by Ryan Herman, Founder and
Co-CEO of First
Direct Lending. With
Advance.com this deal gives Kate two
of 2017's three biggest
sales to date.
Ms.
Buckley, who represented the seller
of Refi.com, told us, "My
client is a private
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Kate
Buckley
Buckley Media Group
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individual
who had the vision to register the
domain in the early 90s. He
followed the market, knew the value
of ultra-premium .coms and, when he
was ready to sell, reached out to
Buckley Media Group to find the
right end user, and negotiate
desirable terms.”
Mr.
Herman said, “In a changing
interest rate environment it’s
even more important that we continue
to inform and educate customers on
how effective refinance loans of all
types can be to ensure smart family
finances. Customers should have an
easy, elegant path to the wonderful
companies across the spectrum of
loan types that provide exceptional
service in both conventional and
technology platforms. We feel Refi.com
is the perfect domain platform to
make that happen.”
Ms.
Buckley added, “I worked with the
buyers to negotiate terms and
facilitate a smooth transaction.
They immediately understood the
value of the domain. They were a
pleasure to do business with in
every way, and I look forward to
them putting this authoritative,
legacy domain to its highest and
best use."
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India's
Annual DomainX Conference Announces Dates &
City for 2017 Event
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The
2017
global domain calendar
continues to fill up. Today
organizers of India's DomainX
conference, Manmeet Pal Singh
and Gaurav Kohli,
announced the dates and city where
their 4th
annual event will be
held this summer. The two-day show
has been scheduled for
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August
5 & 6, 2017 in New
Delhi at a venue that will be
named shortly. This will be a
return visit to the nation's
capital for DomainX. Their 2016
conference was held
there last August at the Shangri-La's
Eros Hotel. DomainX was launched
in 2014
with an event in Hyderabad
followed by a 2015
conference that I
attended in Banagalore.
Above:
A scene from the 2016 DomainX
conference in New Delhi.
(Photo courtesy of Gaurav Jain)
Below:
Several 2016 attendees went on a
DomainX sponsored visit to the Taj
Mahal.
A
preliminary list of likely speakers
is already up on the DomainX
website with that roster
to be expanded and finalized, along
with agenda details, in the weeks
ahead. Seats can be reserved now
with tickets
priced at a standard rate of $150
(as I write this early bird tickets
have been temporarily discounted by
25% to $112.50 but that could
change at any time when the limited
allotment runs out). A small
ticketing service fee (under $5) is
added to the ticket price. In
another DomainX related note, a
one-day event that the organization
had planned
to stage in London on April
9, 2017 has been cancelled
due to an unexpected extended
illness that Mr. Singh is now recovering
from. If that event is rescheduled
for a later date we will let you
know.
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Domaining
Europe 2017: Updated Show Site Has New Details
on Big Event in Berlin May 14-16
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The
9th annual edition of the
Domaining
Europe conference is now
just 66 days away. The show will be
held in Germany for the first time with the 2017 event
running May 14-16 in Berlin
at the Steigenberger Hotel Am Kanzleramt.
Conference
Founder Dietmar Stefitz
started the show in his beautiful
hometown of Valencia, Spain
where the first seven events were staged.
People came from all over Europe (as
well as overseas) to participate but
last year Stefitz decided it
was time to
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start
taking the conference to the people
by staging it in other high profile
locations across the continent. That
"new" tradition began with
the 2016
event at The Hague,
Netherlands and will continue in
Germany - a perfect location given
than country's status as a world
leader in the domain industry
with many leading companies and
investor/developers located there.
That also makes Domaining Europe 2017
a can't miss event for us, so
I will be in Berlin to cover
it all for you.
Many
new details about the show
agenda, speakers
and sponsors
have just been posted to the conference
website. It all gets
started with an exhibition
and informal networking from 3pm-8pm in the hotel
foyer on Sunday, May 14. Two full
business days follow with a variety
of keynote speeches and panel
discussions highlighting the
schedule. Speakers from around the
world - to name just a few (and with
more still to be announced) - will
include Joe Styler (GoDaddy,
USA), Jeff Sass (.CLUB, USA),
David Warmuz (Above.com,
Australia), Jackson Elsegood
(Escrow.com, Australia), Ilze
Kaulins-Plaskacz (ExcellentDomains.ca,
Canada) and of course many top names
from Europe like Axel Kaltz (ParkingCrew,
Germany) and Rolf Larsen
(.GLOBAL, Norway).
In
addition, super moderator Braden
Pollock from LegalBrandMarketing.com
(who was profiled in our November
2011 Cover
Story) will be making
the trip over from the U.S. to again
serve as the conference
moderator.
Dietmar
Stefitz
Domaining Europe Founder |
The
agenda highlights include
sessions on investing,
traffic, parking and
development and will cover all
domain categories including
gTLDs, ccTLDs and Geo TLDs.
There will also be sessions
on Internet governance,
domain leasing, valuation
and structuring. The
conference will conclude
Tuesday, May 16 with a
two-hour live domain
auction handled by Undeveloped.com
(who was just in the news yesterday
after being acquired by
Epik).
Verisign
will be the Platinum Sponsor
at this year's conference.
The six Gold sponsors
are ParkingCrew,
.CLUB, Sedo, .GLOBAL,
Italy's Nidoma and
China's Yumi. Silver
sponsors are Nominet
and GoDaddy with
additional featured sponsors
and media sites also
supporting the effort.
Tickets
are available in two
categories. The standard
ticket including all
catering and VAT tax is €477.95
($504.17 at today's
exchange rate). There is
also a special VIP ticket
(VAT tax included) at €786.50
($829.65). The |
show
site says the VIP ticket
includes "VIP
treatment, all side events
and a Boat Trip and
Sightseeing Tour on
Sunday." In addition,
€100 from every fully
paid ticket will go to The
Hope Children's Centre.
I'm
looking forward to seeing
our many European friends
(as well as those coming in
from other parts of the globe)
for what should be a very
productive week in Germany's
vibrant capital city. |
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NamesCon
Elaborates on 1-Day Event in India May 19 &
Planning Another in China September 28
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The
NamesCon
conference has big plans
to expand the brand far
beyond their annual event each
January in Las Vegas where
the most recent one - the 4th in the
series - concluded January
25, 2017. It is a
natural progression since the
conference was acquired by World
Hosting Days (WHD) last
year. WHD already stages popular
conferences for the hosting industry
around the world and already have
the infrastructure in place to
incorporate the closely related
domain shows - via NamesCon -
into those international
events.
As we told
you a couple of weeks
ago, NamesCon will hold a one-day
event in Mumbai, India on May 19,
2017. More details on that have now
been released in a newsletter from
the conference. NamesCon
India will be held in
conjunction with a WHD-India
conference that will take place at
the Grand Hyatt Hotel in Mumbai
May 18-19. The NamesCon India web
page notes, "NamesCon India
will be jam-packed day with three
keynote presentations and six
informative sessions where
industry experts will discuss the
hottest topics and the latest
advancements in the domain industry.
Plus, the event will close with one
of our renowned domain auctions!"
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Image
from Bigstock
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Image
from Bigstock |
The
same newsletter NamesCon
revealed that planning is
also underway for a one-day
event in China on September
28, 2017 - however no
further details, including
the city or venue, has been
released yet. More
information is to be
revealed in upcoming
newsletters. As of this
writing the WHD website
doesn't list any conferences
in Asia this year, so
it to remains to be seen if NamesCon
China will stand alone
or be part of as yet
unannounced WHD
conference.
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Last
year NamesCon ran a four-day
September show
in Hong Kong under
its Domainfest brand
but WHD has decided to retire
the Domainfest name and run
all of their domain events
under the NamesCon banner. |
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Verisign's
Latest Quarterly Domain Name Industry Brief
Shows Registrations Expanding in All Categories
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Verisign
released their latest quarterly Domain
Name Industry Brief,
covering the 4th quarter of 2016,
this week. The administrator of the .com
and .net TLDs reported that
approximately 2.3 million domain
name registrations were added to the
internet in 4Q-2016, bringing the
total number of domain name
registrations across all top
level domains to approximately 329.3
million as of Dec. 31, 2016.
That is a 6.8% jump year over
year and a 1.8% rise from the
previous quarter.
Verisign's
.com and .net TLDs had a combined
total of approximately 142.2
million domain name
registrations at the end of 4-2016.
That represents a 1.7%
increase year over year. 126.9
million of those were .coms (the
world's most popular TLD by far) and
15.3 million
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were
.nets (a number that maintains that
extension's place as the 2nd biggest
gTLD in the world). .Net is the 5th
largest TLD overall, trailing
three ccTLDs - .cn .tk
and .de in total
registrations (many discount .tk
because it is given away at no
charge).
Total ccTLD domain name registrations were approximately
142.7 million at the end of
4Q-2016, an increase of approximately
4.3 million domain name
registrations - a gain of 3.1%
year over year (if you take .tk
numbers our, the ccTLDs were up 6.9%
year over year).
As of
Dec. 31, 2016, new gTLDs
totaled 25.6 million domain
name registrations, which represents
7.8% of total domain name
registrations worldwide.
Verisign
publishes the Domain Name
Industry Brief to provide
internet users throughout the world
with statistical and analytical
research and data on the domain name
industry.
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