Daily Poll: Will There be a 7 Figure New gTLD Domain Sale Within a Year? | DomainInvesting.com
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Daily Poll: Will There be a 7 Figure New gTLD Domain Sale Within a Year?

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Daryl Lopes, formerly a domain broker at Uniregistry, made a bold prediction about new gTLD domain names via Twitter:

When Michael Berkens of TheDomains.com asked him when he thought it would happen, Daryl predicted it would happen within a year from today:

There have been 3 six figure new gTLD domain name sales reported publicly this year. The.Club, Home.Loans, and Vacation.Rentals all sold for between $300,000 – $500,300. A seven figure sale would be a serious jump. Do you think Daryl’s prediction is accurate and a new gTLD domain name will sell for 7 figures within the next year? I presume Daryl means a cash deal paid all at once rather than some sort of payment plan or non-cash deal.



About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (26)

    Richard

    Eventually it will happen when they fake a deal, just like some of the other 6 figure GTLD deals that were reported.

    May 16th, 2018 at 10:17 am

      Sigma

      Sounds about right.

      In reply to Richard | May 16th, 2018 at 10:23 am

      Elliot Silver

      Which do you think were fake?

      I don’t believe the 2 Donuts deals were “fake.” In fact, I think the buyer of Vacation.Rentals posted his wire transfer receipts somewhere. I was told they were cash deals and I am pretty sure I was told there were no marketing gimmicks or promises with them.

      In reply to Richard | May 16th, 2018 at 10:41 am

      doob

      grrrrrrrrrr… this was gonna be my comment.

      In reply to Richard | May 16th, 2018 at 12:08 pm

      ss

      richard wins

      In reply to Richard | May 16th, 2018 at 5:47 pm

    Leonard Britt

    How many registry-reported five-figure or more sales are legit third-party transactions without some undisclosed agreement as to future advertising or website development or online marketing support?

    May 16th, 2018 at 10:38 am

      Elliot Silver

      From what I understand, the 2 Donuts deals were all cash and had no other strings attached.

      Also from what I understand, The.Club sale was a third party sale not involving the registry.

      I have no idea about other deals.

      In reply to Leonard Britt | May 16th, 2018 at 10:40 am

      Leonard Britt

      An interesting post might be to highlight how some of those five/six-figure new TLDs are being used (or not being used).

      In reply to Elliot Silver | May 16th, 2018 at 6:58 pm

    Dave Tyrer

    DomainIncite has reported that dot web may launch as early as the end of this year:

    “ [CEO James] Bidzos told analysts that it’s ‘possible’ that the company may get to launch .web in 2018, but said Verisign has not baked any impact from the contested gTLD into its forecasts.”

    DOMAININCITE

    .com adds 5.5 million names, renewals back over 70%

    April 30

    – – – – –

    I’m not going to make predictions, not as brave as Darryl, but a lot of names could very easily be in the ballpark.

    Loans.web

    Cars.web

    Travel.web

    Spider.web

    Web.web

    8.web

    W.web

    X.web

    May 16th, 2018 at 10:49 am

      Dave Tyrer

      (Sorry, thought this comment got blocked due to the dots in the domains, so I sent a revised version almost an hour later. Happy for this and the first comment to be deleted.)

      In reply to Dave Tyrer | May 17th, 2018 at 3:09 am

    Dave Tyrer

    DomainIncite has reported that dot web may launch as early as the end of this year:

    “ [CEO James] Bidzos told analysts that it’s ‘possible’ that the company may get to launch [dot] web in 2018, but said Verisign has not baked any impact from the contested gTLD into its forecasts. ” (April 30)

    – – – – –

    I’m not going to make predictions, not as brave as Darryl, but a lot of names could easily be in the ballpark.

    Loans dot web… Cars, Travel, Spider, Web, 8, W…

    Maybe Alphabet, Apple and Alibaba will battle it out for A.

    May 16th, 2018 at 11:43 am

    Alex Verdea

    There’s not a shortage of cash on this planet so anything is possible.
    Also there are a lot of companies with deep pockets that are clueless and SHOULD NOT waste money on gTLDs.

    So I think Elliot, and other seasoned domain experts should educate such companies as I see it as our job, duty and responsibility! 😉

    Thanks

    Alex Verdea

    May 16th, 2018 at 12:17 pm

    steve

    @Elliot

    I believe you may be right – “web” being “dated”.

    If anything, maybe the term “net” may be making a comeback, as AI-driven companies, including Google, have been promoting “Image Net”, “Sound Net” , “BotNet”, etc

    I believe I may own only 5 .net domains, so no incentive to promote. I’ve received only a few offers for my .net domains in 10 years.

    Still believe .web is one of the top GTLD extensions, but I also feel they’re all mostly superfluous.

    There’s a new ‘Microtrend” being cited that we’re moving away from the Starbucks offerings of multiple choices to the Simple Java of few choices favored by millennials and gen z. Too many choices create stagnation. The Hyper-Personalization trend is fading. So will we shift back to the Henry Ford model of you can have a car in any color as long as it’s black. No, but maybe just black, white, red, green, blue, and silver.

    My POV: some GTLDs serve certain functions: .club, .app (for apps that are developed), but I’m trying to see the value prop of .web? alternative to .com or .net? I’m not sure.

    May 16th, 2018 at 2:30 pm

    Jason Franklin

    It’s very well possible that it could happen within a year. If not within a year though, it will definitely eventually happen.

    May 16th, 2018 at 3:02 pm

    Darryl Lopes

    @ Elliot yes, a cash deal paid in one go.

    May 16th, 2018 at 3:25 pm

    @domains

    Now are we talking about a ‘reported sale’, not just an announcement that a new gtld sold for over $1 million… but not able to give any other details? Regardless I can see it happening, there are some great strings and combos you can make with the right and left of the dot. But these are the cream of the cream, high annual registration fee or held back by registries during release type of names. As for .web, I’m looking forward to seeing how it does and think it has real potential. Anyhow, years into the new gtlds and it doesn’t look like they’re all going to go away, alternate domain extensions to .com are becoming more common, even if it’s .co or .io, but it’s happening slowly. Internet growth, new companies, more new industries (like crypto, cannabis, etc) will keep driving demand and the best .com’s keep getting taken up.

    May 16th, 2018 at 7:37 pm

    @domains

    Also should note that registrars like Godaddy, Uniregistry and others are really promoting the new g’s in their registration process. The continued exposure is going to have an effect over time on the population. I am seeing more new g’s in everyday life than 5 years ago, for companies and organizations I wouldn’t have expected.

    May 16th, 2018 at 7:47 pm
    May 16th, 2018 at 11:36 pm

    Auction.fyi

    Here’s my new gtld sales via Uniregistry:
    0

    May 17th, 2018 at 2:24 am

    Paul McMenamy

    It will definitely happen. It’s just a matter of time.

    May 17th, 2018 at 8:58 am

    Jonathan

    Ask a Chinese broker? although not sure the reply not a bats chance in hell translates

    May 17th, 2018 at 1:40 pm

    Larry Scott

    I think a better question would be, what domain name could possibly reach that much. Sex.xxx? Porn.xxx Video.xxx I don’t know what’s the hottest gtld, I doubt it would reach a million but i would have to see sales of something like Car.rentals (Car.company) or Insurance.company (or I.company) etc. The guy that bought Vacation.rentals made his choice to pay that much based off of hype. I think he could have gotten it for less than 100k.

    May 20th, 2018 at 5:45 pm

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