By many accounts, this past year has been pretty excellent for domain name sales. I think the final numbers published on DNJournal and NameBio will reflect this. The sales numbers will only grow as domain name transactions are reported in SEC filings on a trailing basis.
It has gotten much more expensive to acquire domain names, but that is a natural result of a strong aftermarket. From my perspective, there are many sectors of the domain name aftermarket that grew this year. It’s not just a hot .com market.
This won’t go down as my best year of all time, but I think it will be one of the best years I’ve had when I finalize my accounting in the coming weeks.
So what’s in store for the new year? Truthfully, I have no idea. I would imagine the domain name space will continue to perform well into the new year, but I won’t predict how long the good times will last. I think a lot depends on various factors unrelated to domain names – interest rate changes, startup funding, cryptocurrencies, NFTs, and more.
I don’t like making predictions and generally decline to prognosticate when asked. I welcome you to share your predictions for 2022.
I have seen increased interest in premium domain names as a result of the new crowdfunding rules that the SEC enacted last March. Crowdfunding was never something that interested me previously, for many reasons. Prior to the new regulations, unaccredited investors were limited to investing $1.07M in a project; not enough for some startups. Now, once you file a Reg CF and get approval from the SEC, you can launch an equity cash raise from unaccredited investors, even at $10 at a time, and raise $5M.
From a City .com perspective, this is an extremely attractive opportunity, as it allows local residents to invest and own some shares in their local City site. This strategy is being embraced by some major hedge funds and other M&A executives with billion dollar organizations. From a premium non City domain perspective, we may see startups being able to afford their exact match keyword .com initially, rather than down the road. We will see.
The best is yet to come….
As long as you are healthy,all is good.
Best in the New Year to all. May Dot-Com continue to reign supreme in 2022.
My portfolio has gone up 500% thanks to Tesla, Cotsco, HomeDepot,Starbucks,Microsoft…
Amazon…..all going to split like 5 splits for Tesla
No need to invest in useless apes or whatever…nft shit….every damn useless picture is nft…
Stock markets at all time highs, it doesn’t feel right, interest rates near 0% around the world and fiat currencies printing more and more, the Fed injecting $150 BILLION per month into money markets, debt levels at all time highs, inflation setting in, it has gone on for a long time but can’t go on forever…
Seems like a time to have some caution and have some investments in risk off assets, personally I see gold, silver, copper, nickel, uranium, crypto looking good over the medium to longer term.
Feeling like there will be a big market pullback or crash at some point in 2022 to reset things, where almost all assets go down, and then the real and scarce assets will rise faster and higher afterwards – like commodities, crypto, real estate, good businesses that pay dividends, etc.
This will be like the 2000 dotcom crash, where a lot of inflated companies got turfed, and the internet and domains were re-born out of it for the next two decades.
Since the early 2000’s, domains have continued to sell well through ups and downs in the economy, and will probably weather any crash in the future better than many other asset classes because the digital age continues and grows, and you still need a domain to have a presence on the web – a presence you can control yourself without depending on an outside party that can shut you off at any time.
I very much doubt we will see markets rise for the next 5 and 10 years, similar to how the last 5 and 10 years did. A crash is coming where everything will take a hit, and the quality assets will rise out of it first and fastest.