I received an email this morning from Scott Pruitt, Aftermarket Brand Manager for NameJet and SnapNames, which shared some news from both platforms. SnapNames is now able to fulfill backorders for over 200 new gTLD domain name extensions. Backorders can be placed on domain names from a very large assortment of commercial (non-brand) TLDs.
The full list of the extensions that are now available for backorder on SnapNames can be found on its website. I took a look at the list, and it looks like many of the new gTLD extensions are owned by Donuts. In addition, there are some two letter ccTLD extensions like .CO, .PW, .CC, .GS, and .ME. I also see .Sex on the list, which is owned by the ICM Registry (that was acquired by MMX). There is a very wide assortment of extensions now available to backorder.
In addition to this news, Scott also informed me of some upcoming .IO domain name auctions that are scheduled to begin next week on NameJet and SnapNames. While the .IO names will be available on both platforms, the inventory will not show up to backorder until early next week. Backorders can still be placed, but they will initially show up as wish list backorders. Some of the one word .IO domain names in the auction include:
From what I understand, I believe these are registry reserved domain names. In fact, these domain names (among others) were mentioned in a public LinkedIn post from Mark Ghoriafi about one month ago:
I am not sure if all (or more) of those domain names are going to be auctioned on SnapNames / NameJet. If any of those domain names appeal to you, reach out to Mark or search NameJet or SnapNames.
Now the market can grow. So gimped before, no support from the industry…
Everyone can agree that MOST of the .com domainer ‘market’ is over on dropcatch. That’s where a lot of our published sales come from. A lot of price transparency is developed there.
Now we’re going to see A LOT more nTLD sales. You’ll see. This is what domainers typically look at when they bid/buy.
nTLD was locked out for so long! Big awareness arising. Watch this grow. Don’t sit on your hands too long.
I don’t agree. The market grows because of end user demand and end user usage.
I am glad you said this, though, because I will see how these domain names perform on Snapnames so we can get an idea of their demand and value.
There is an enduser market, ya. Real usage has grown a lot, and accelerating. That’s already happening. Just look at registry reports to confirm.
There is a domainer sub-set market too. That’s what dropcatch mostly is.
Dropcatching wont have much effect on enduser perception. BUT, enduser market WILL effect dropcatch market!
Upfront fees needs to go away next. I wrote that below. That will pick up every aspect even .coms will get a lot more action.
I could reasonably make 1000 back orders, and pay / bid as I go.
Putting up $40, $60+ beforehand each one is too much for most people. I believe it is unnecessary to ask upfront. A mistake. Been holding domaining back, big time, all along.
I already have my lists I check to register for nTLD.
Here’s what I have to wait for: “PENDING delete” on whois…
When I see that, then soon I start checking those domains manually *everyday*.
Literally, that’s what nTLD investors have to do – LOL. A lot of times someone beats me to the ones I want. I figure mostly is someone with program that isn’t available to mainstream.
There is a lot of stuff going beneath the surface you don’t see regarding new domains…some not so nice. For example, it’s true, many registries will check queries and add a premium price to domains that you search but don’t buy.
I hate to tell you this, but .com investors raise their prices, too, when they see inquiries and a higher level of interest in domain names.
Anyway, I do think the Snapnames change will shine a brighter light on the value of these domain names to investors. I do not know if that will be perceived as good or bad, but it will make for some good observations.
And I said, explicitly, that endusers do dictate the dropcatch market values. I 100% said above, exactly what you are telling me here. Domainer pay based on enduser. There’s a BIG caveat though…That is:
In the early investment stages, DOMAINERS can ‘front run’ the mainstream, enduser market. Right – pay more than CURRENT market rational would suggest! This WILL happen.
Domaining will value ABOVE what general enduser is paying (in the big picture). U saw this with .MOBI, many 5-6 fig sales based on speculation that endusers would want those domains.
In that .mobi case it never happened. Endusers rejected. Domaining still created a little mania of their own market.
Already the nTLD enduser adaption is well beyond, well beyond .mobi. This is not going to slow Elliot…more endusers are startups are going to choose nTLD. I wish I could tell you everything…There aren’t as many objectively GOOD domains as you would think. There really are only about 600 public TLD and MOST of those have like 100 really ‘WOW’ domains. This market is TINY. It will be like appraising art when it develops. It takes some years of pure study to understand how deceivingly tiny the pool of good names are. The value IS in these NICHE extension are are BANG ON domains. Even .HORSE has some nice ones! Don’t dismiss because there ‘are not many’ good domains. That is a poor excuse. Every time, a sale comes down to ONE domain. The domain ALONE. No one cares how many .HORSE there are. They are buying domains based on PERCEPTION. Perception of ‘nice stuff’. These new domains, the perception of ‘nice’ is building. People think like a herd. This is how investors make $! Front run the herd! For better or worse, it’s how it always works! 95% of the people are WRONG until too late! Always! Then so many left chasing…
It’s investing 101, early investors buy in, then there is media frenzy. In investing it is right after institutional investors buy in. Investing is always the same, it always big money that gets in then PUMPS it up. Im not saying the PUMP is a BAD thing, but they get positioned first! They KNOW something that *most* don’t, and they expedite the ultimate ending by providing awareness.
This is how it’s done, every single time.Google, Amazon, WordPress, Microsoft and many others are going to do this. Again, when you see the PUMP, it’s NOT necessarily a pump “AND” *dump*. It is legitimate marketing of a good product, expedited because big $ is positioned.
Go look at Amazon’s TLDs, ask yourself, HMM..what is up with this delegation taking so long?? Some of these nTLD are GOOD! They paid A LOT for them! https://ntldstats.com/registry/Amazon-Registry-Services-Inc
When that mindset is a consensus among domainers, the aftermarket will SURGE…surge past what endusers are paying (anticipation).
I am most honest person Eliot. I don’t talk what I don’t know. This is investing.
I wish you well, but I simply do not see much of an investor’s market for the new extensions beyond the registries.
If I thought I could make money by shifting capital to non .coms, I would do that. I still do not see any type of seismic shift impacting a broad swath of non .com domain name values, but I do see businesses continuing to pay a premium for .com domain names. In fact, it is often about how much of a premium a business will pay.
I wish you luck though.
I 100% don’t believe in luck. I believe in math! Variance, yes…but I don’t bank on coincidences.
I feel wishing luck is you telling me to go look for a leprechaun sitting next to a pot of gold at the end of a rainbow.
I rub a lot of people the wrong way maybe because I have such strong views.Such as taking offense to being told ‘GOOD LUCK’. It’s like you’re telling me Santa might come if I’m a good boy…
I’m not usually fighting, or arguing. I do see the world in a different way than most people. Most people will think I’m weird for having a strong position against luck.
See we maybe could of kept talking but you shut this down. That was your intention, and no problem. I just don’t like being told ‘good luck’.
No, it is a passive way of telling you I disagree with your investment philosophy, but since this is not a zero sum game, I hope you do well just as I suspect I will continue to do well.
It’s like having a debate with a Trump supporter or Biden supporter at this point. There is not much of a chance anyone will change the other person’s mind no matter how much they try.
Oh yea let me add why you see most sales via dynadot. $0 upfront backorder. That’s great. Everyone should do that. Big boost to whole market. Better yet, $100 deposit in each account, but allow like 1,000 backorders – insurance that way.
Please domaining, get better!