Tomorrow is a ย big day for the .CO Registry, as they will be publicly launching in the afternoon at 2pm EST. People will begin finding out if the .CO domain names they ordered were secured by their domain registrars, and others will learn more information about auctions and domain availability.
I received an email from the .CO Registry with some impressive news and updates I thought I would share.
- Nearly 40,000 .CO domain names have been sold in the pre-launch phase
- 70% of the worlds top 500 brands have secured .CO domains
- The first public domain auction sold for $81,000 USD (www.e.CO)
- The Registry will be announcing its second public sale this week for six figures. ย This may be the domain name Mike Berkens mentioned yesterday.
I know a number of people who are buying .CO domain names, and I personally back ordered around 10 or 12 of them. I am not making a huge investment right now (aside from the development cost of the Founders Program name I was awarded), but I think this extension is going to strong results.
As I’ve said here in the past relating to .CO and other extensions, I’d rather invest heavily when I see the money rolling in and a solid aftermarket formed, even if it means less upside. There’s less risk when names begin selling for high values on the aftermarket.
Surprisingly to me, nobody correctly guessed the Founders Program domain name I was awarded; however, I am not going to reveal the domain name yet until it’s in my possession. Hopefully that will be soon and development will start ASAP.
I ordered a bunch of domains at $39 a pop, much riskier then the .cm rush, so we’ll see if they get any traffic and worth keeping… if not, these few will be the only ones I ever own. Don’t see much hope for .co because it just doesn’t have a good ring to it and the spill-over traffic is probably 50% ++ ๐
PS- dont drop too much $ on the development… Go with WhyPark, it’s free ! ๐
any use to invest in .co domains mr elliot.
I am a student an was looking for names to make some money :).
biggest quetion i have, how will .co rank in search engines?
@ Mohit
I can’t advise anyone on what they should or shouldn’t invest in. I also can’t predict what will happen with search engines. As I mentioned, I am investing some money into this extension and also some money into development, so we’ll see.
Well that leaves investment purely based on chances.
I guess waiting and watching as of now will be the best option for non professional people as of now. But big companies cant take chances, so they are already investing.
@ Mohit
I removed your Facebook page designs spam link. Please don’t post it (or others) again, or I will place your IP/email address in the spam kill folder.
one last question if you dont mind ๐ can you tell whether domain frappz . com seems to have any value?
i thought its suitable for “free appz” . do you agree?
If anyone needs proof of how well .co can do in Google search engine, just type in the word domain at Google.com. 5 of the top 10 are non-.com extensions and first place is .com.au. There are so many myths and legends that google “prefers” .com. Try typing business and you will also find 5 of the top 10 are non-.com. It’s funny how some people get fixed in their opinions…