Radix Premium Domain Revenue in First Half of 2023 Soared 22% Above 1H-2022

Radix, the operator of 10 top level domain registries, has issued their latest semi-annual report on their Premium Domain Sales covering the first half of 2023 (.pdf file). The company reported total premium revenue came in at 

$4.6 million, a 22% surge versus the same time frame last year. $3.25 million of that total was produced by premium renewal revenue. Radix's highest grossing TLD in 1H-2023 was .tech at approximately $1.4 million.

The first table below (from an infographic version of the report) provides a detailed breakdown of the number of premium registrations and new retail revenue for each of the top five Radix TLD. The second table shows those metrics for premium domain renewals:

Here's one more with some additional insight into premium domain performance at Radix in 1H-2023 (additional information is available in the full version of the report):

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Titan Announces Partnership with Team Internet to Pair Domains with Business  Email at OnlyDomains

Booming business email service provider Titan has announced a strategic partnership with rapidly growing global internet solutions company Team Internet Group (TIG) (formerly CentralNic). Team Internet’s dual focus includes domain name management (Online Presence) and high-growth digital advertising (Online Marketing). The new agreement will make Titan's business email service available through Team Internet’s flagship retail brand, OnlyDomains, a registrar and service provider that helps individuals and enterprises build an online presence. 

A press release announcing the partnership said the alliance will accelerate digital transformation across North America, Europe, Asia, Australia, and New Zealand. The core offering of the partnership is a free premium business email trial with every domain at OnlyDomains, including both names already registered there and all newly registered domains. 

Image from Bigstock

Titan’s business email requires no setup and offers a user-friendly interface and native apps. Titan also provides up to 50GB storage per user and Calendar and Contacts apps. Read Receipts and Email Templates help users reach their customers more easily while Priority Inbox, Follow-up Reminders and Send Later boost productivity.

Titan CEO Bhavin Turakhia said, "Through our partnership with Team Internet, we aim to help more entrepreneurs solidify their online presence. Offering our premium business email free with every domain simplifies the journey for businesses and we're eager to empower more businesses through Team Internet."

Turakhia added that the partnership is also beneficial to registrars like Only Domains as the pairing of domains with Titan's professional email increases Net Promoter Scores and customer satisfaction, and also exposes customers to the provider's branding within Titan for over 150 hours every year. 

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Verisign Reports Total Domain Name Registrations Worldwide Climbed to 356.6 Million at the End of 2Q-2023

VeriSign, (the administrator of the .com and .net TLDs) has released their latest quarterly Domain Name Industry Brief (DNIB) covering the 2nd quarter of 2023. This update showed that total domain registrations across all TLDs worldwide reached 356.6 million at the end of the latest quarter. The report stated that is an increase of 4.3 million domains year over year (YOY), representing a 1.2% rise.

.Com, the world's most popular TLD, edged up from 161.1 million domains to 161.3 million YOY while .net ticked down a notch from 13.2 million to 13.1 million as of June 30, 2023.

Verisign reported total country code top level domain (ccTLD) registrations increased to 137 million at the end 2Q-2023 after adding 2.7 million domains YOY (an increase of 2%).  The top 10 ccTLDs (by number of registrations) were .cn (China), .de (Germany), .uk (United Kingdom), .nl (Netherlands), .ru (Russia), .br (Brazil), .au (Australia), .fr (France), .eu (European Union) and .it (Italy). 

Total new gTLD (new generic top level domain) domain name registrations stood at 28.1 million at the end of the 2Q-2023, an increase of 1.1 million registrations from the previous year, representing a 4% rise YOY.

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ICA Announces Location for 2024 Annual Meeting in Las Vegas - Early Bird Ticket Offer Ends Sept. 10 

The Internet Commerce Association (ICA) has finalized the dates and location for their 2024 Annual Member Meeting in Las Vegas. The dates were actually set in June when the ICA sent out a note to members to let them know they should keep January 17-20, 2024 clear on their calendar. They completed the picture over the weekend when they confirmed the event will return to Resorts World, where their very well received 2023 Meeting was held. 

While the core of the meeting will be two full business days, Thursday and Friday (January 18 & 19), The ICA will again bookend those with activities for those arriving early (January 17) or staying over a day (January 20). The full preliminary agenda we received looks like this:

• Wednesday, January 17th: For those who will be arriving early or are already in town for the Affiliate Summit, we will arrange a low-key evening of dinner and drinks. 

• Thursday, January 18th: We kick off with registration and go straight into group activities during the day, followed by an evening opening dinner reception.

• Friday, January 19th: Get ready for informative sessions, interactive panels and guru tables during the day, and look forward to our evening dinner reception.

• Saturday, January 20th: For those staying through Saturday, we have bonus sessions and activities planned. We are also considering organizing a show or dinner for the evening if a considerable number of our attendees decide to stay. 

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.HipHop/Cortex Network Partnership to Wed Web 2 & 3 Domains Gives 50th Year of Hip Hop a High Tech Hue

Dot Hip Hop, LLC, the domain name registry that operates the .HipHop TLD, has joined forces with  The Cortex Network (a Web3 content network) to develop an innovative integration between traditional Web 2 domain names and Web 3 blockchain domain names. Once completed and launched (expected before the end of October), this solution will make it possible for creators to connect with users and additional revenue streams through new kinds of digital objects enabled by a registry. The partnership coincides with the 50th Anniversary of hip hop music and the popular culture that has grown up around it.

When the new system goes live, .HipHop domain owners will be able to register a Web 3 domain that would ultimately work as a digital wallet address for blockchain transactions. That will open the door for .HipHop registrants to seamlessly register a ‘like named’ Web3 domain name that is integrated with the Ethereum Name Service (ENS).

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The 2023 London Domain Summit Concluded with a Non-Stop Day (and Night) in the UK's Capital City

The 2023 London Domain Name Summit wrapped up its two day run at the Hilton London Metropole Hotel Wednesday evening (August 23). Everything about this second edition of the conference, including the venue, attendance (featuring domain professionals from all over world) and roster of speakers was bigger than the debut event held in August 2022. 

That's exactly what you want to see from a new event that wants to become a fixture on the global show calendar. The social media feedback from attendees that I've seen so far has also been universally positive. That is also a critical element because nothing beats good word of mouth advertising in creating demand for the next one.

My last post, covering opening day Tuesday (August 22) was published when the day's final sessions were still winding down. DN.com's Yue Dai helped close day 1 with a keynote presentation on the Secondary Market for Premium Domain Names in China.

Day 1 concluded with an evening social event at the Metropole. Among those on hand were (left to right) London Domain Summit Founder Helmuts Meskonis, ShortDot SA Founder Lars Jensen, IT.com Founder & CEO Andrey Insarov (IT.com was the conference's title sponsor) and Mark Ghoriafi (MrPremium.com). 

Since we weren't able to make it to London this year, it was good to see photos posted on social media by Mark and many other attendees so we could share a pictorial taste of the event with you. IT.com provided some of the best shots from the colorful event including this one spotlighting their crew (left to right), Business Manager Rolandas Japertas, Andrey Insarov, Business Development 
Director Natalija Japerte and a very properly attired British footman.

The second and final day of this year's London Domain Summit got underway at 10am Wednesday morning (August 23) with a panel discussion devoted to Buying and Selling Premium Domain Names. That session featured (left to right in the photo below) Moderator Tess Diaz, Michael Law (Grit Brokerage), Braden Pollock (LegalBrandMarketing.com), Adam Wagner (ParkingCrew.com), Mark Ghoriafi (MrPremium.com) and Ryan De Corsie Ewen (Digital Candy). Photo credit: Mark Ghoriafi.

A trio business sessions followed to take attendees up to the 2pm lunch break. Those break times provide the best networking opportunities for attendees and nothing is beats those face to face chats with friends and fellow domain investors from around the world. The UK's Sam Charles (at right below) posted this shot of him with one of America's most well known industry figures (and all around good guys), Braden Pollock.  

Once business is out of the way, London night life always beckons. The shot below, from IT.com, captured (left to right) Munir Badr (AEServer.com Founder and Founder of the highly anticipated Domain Days Dubai conference that will be launching in November (dates are November 1 & 2, 2023), Joe Alagna (IT.com), Yue Dai (DN.com), Andrey Insarov (IT.com Founder) and Rolandas Japertas (IT.com).

With a second London Domain Name Summit now under his belt, conference Founder Helmuts Meskonis (above) is no doubt already thinking about #3 in 2024. The groundwork has been laid. Now comes the tough part - finding a way to top yourself again next year!

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The 2023 London Domain Name Summit Got  Underway Today with an International Audience on Hand

The 2nd annual edition of the London Domain Name Summit began its two-day run Tuesday (August 22) with attendees from the UK, Europe, the United States, the Middle East and Asia converging at the Hilton London Metropole Hotel for the event.

Prior obligations prevented us from being there in person but we've gathered some photos posted on social media by attendees to give you a glimpse into a conference that founder Helmuts Meskonis and his team have been hard at work on since the day their inaugural event ended last summer. 

The show's official kickoff was at 11am local time but the audience was treated to a special pre-show session at 10 featuring BrandForce.com Co-Founder Louis Pickthall who was able to speak with authority on the topic of  How to Sell a Domain Name for $10 million because BrandForce handled the sale of Connect.com at that price last year.

Photo credit: Yue Dai

At 11am, Helmuts Meskonis, seen here (at far right) visiting the Sedo booth today, formally got things underway with his Founder's Message. Also seen above, left to right, are Sedo CMO Christian Voss, Sedo Senior Broker Dave Evanson and MrPremium.com Founder Mark Ghoriafi. 

Above & Below: CentralNic CEO Micheal Riedl followed Helmuts on stage at 11:15 with a keynote talk that included a call for other industry executives to join him in setting up a meeting to formulate a coordinated industry response to climate change. DomainIncite.com's Kevin Murphy, who was at this session, posted more about that on his site today. Photo credits: Mark Ghoriafi (above and Andrew Bennett (below).

AEServer.com Founder Munir Badr kicked off the afternoon sessions with a Keynote Presentation on the State of DNS & Domain Names in MENA region. Munir is also the Founder of the new Domain Days Dubai conference that will make its debut in November. 

An evening social event is going on at the Metropole this evening. Wednesday morning at 10, attendees will be back in the conference hall for another full day of sessions that are scheduled to run all the way to 7pm Wednesday evening. We'll have more on that in our next post.  Photo Credit: ShortDot.

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IO.net Sold for $118,000 in Biggest Non .Com gTLD Sale Reported Year to Date

Mansour Elseify (DomainsNext.com) has closed a huge two-letter .net sale, moving IO.net for $118,000 in a transaction handled by GoDaddy Broker Ray Shannon. Mansour has been in the domain business since 1999 (four years before DNJournal even existed and just four years after IO.net was registered for the first time in 1995)! 

When we add this sale to our charts August 30 (the date of our next bi-weekly domain sales report) it will take over the top spot on our YTD Non .Com Top 100 Sales Chart (assuming no larger sale from that category comes in before then). IO.net went for four times more than the year's previous top sale in this TLD - Cloak.net at $29,888. It is also the biggest .net sale reported since March 2021 when an eye popping $750,000 sale of Poker.net stunned the domain world.

Image from Bigstock

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1H-2023 Results and New Initiatives Are Painting a Rosy Growth Picture for the .ART Registry

I got a note today from Jeff Sass, the Chief Markting Officer at the .ART Registry (and a long time friend since his days in the same role at .CLUB before that TLD was sold to GoDaddy). Jeff was excited about the high growth rate .ART generated in the first half of this year, climbing to  244,407 domains under management, representing a 19% surge over the same time frame last year. 

.ART completes the growth picture by running a series of innovative initiatives that are bringing new converts to the TLD every day. Those include ENS Names, the Art Therapy Initiative, The Digital Innovation in Art Award, Name.art (an innovative way to earn referral commissions for the sale of premium .ART domains) and ID.art (providing ways to digitally store evidence of authenticity and the provenance of any art object by using US-patented “Digital Twin” domains). 

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Radix's Grass Roots Focus on Female Entrepreneurs in Florida Helped Fuel Ongoing Ascent of .Online

Now that "new" gTLDs have been with us for a full decade it is easy to see what has separated the biggest winners from the rest of the pack - creative and consistent marketing of their TLDs. Radix, who administers ten new TLDs, has been a standout in dreaming up win-win campaigns that have benefited both their TLDs and the communities those TLDs were created to serve. Last week Namecheap (the world's 2nd biggest registrar with 17 million domains under management) released their semi-annual Domain Insights & Trends Report that listed the most popular gTLDs - new and old - on their platform and Radix claimed three of the top ten spots with .online. .site and .store. .Online was in the top five, moving up two spots from last year after leapfrogging long established legacy TLDs .net and .org.

That's quite an accomplishment but Radix put in the hard work and financial investment needed to get there. The company has frequently drilled all the way down to the local level to run contests and events that have put tools, tips and money into communities whose grateful members have reciprocated by using and and spreading the word about Radix TLDs. Being based in Florida, we saw a perfect example of that during the recent NBA finals. As basketball fans know, the Miami Heat was in the championship series. Unfortunately for Miami fans, Denver won the series 4 games to 1, but thanks to Radix, female entrepreneurs in South Florida were still winners.

Radix ran an innovative month-long

Spotlight.online contest, tied to the NBA finals, that gave the winning entrepreneur a professional produced TV commercial that ran during the June 7 Heat-Nuggets game, putting the winner's company in front of 500,000 viewers. Radix and .online won big as well. The contest attracted over 650,000 social media views, nearly a million impressions and was also endorsed by top local influencers in the SMB space. .Online partnered with SMB communities including United Way, Venture Cafe Miami, and eMerge Americas for on-ground activities that engaged over 1,200 attendees. The contest also received attention from mainstream media, with prime-time coverage from NBC6, CBS Miami and the South Florida Business Journal, among others. 

The contest winner was Founder and CEO Susan Aran from Radiate Kombucha. Susan said, "Sharing Radiate Kombucha's story with over half a million people in South Florida and receiving significant media attention after the commercial was aired has been great for the brand. I am proud to be associated with a brand that is committed to supporting women entrepreneurs such as myself.  We love our domain, www.radiate.online, because it completely aligns with our D2C brand that ships nationally.” Here is the 30-second Radiate commercial TV viewers watched:

Susan also had to love the two-minute story about her and Radiate Kombucha below that CBS Miami's Channel 4 showed in their late newscast after the basketball game: 

Priyanka Panchmatia, the Brand Director for .Online Domains, said, “The intention behind offering a TV commercial as the prize was to level the playing field for a local, woman-owned business in South Florida. By providing opportunities that are otherwise exclusive to big-budget corporations, we wanted to give women-owned businesses a chance to thrive online and get marketing exposure that is often out of their reach.”  In a recent survey led by .Online Domains among women entrepreneurs in South Florida, 36% reported difficulty in securing funds to grow their business, while 54% found it difficult to compete in a crowded marketplace. This led us to launch the Spotlight.online contest.”

Last year, .Online Domains launched #FempowerOnline, an Instagram-led contest inspiring women entrepreneurs to go live with their business ideas. The contest ran for two months garnering 14 million impressions and over 700,000 views on social media. It was also endorsed by inspiring women influencers with over 4 million followers in total.  

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