It seems that many new gTLD registries would like a second round of new gTLD applications. ICANN has not said when (or if) it will happen. It seems that there will be subsequent application rounds, but it is anybody’s guess when that will occur.
One of the biggest trends in domain names right now is cryptocurrency related domain names. I am not involved in that space, but there has been quite a bit of investment made there. Bloomberg covered the crypto domain trend, and anyone who has been on NamePros and monitors auctions and sales reports has noticed that cryptocurrency domain names have been selling regularly.
If companies could apply for new gTLD extensions now, I think cryptocurrency domain names would be very popular. Some of the extensions I can imagine would have applicants:
From a domain investor’s point of view, do you think the actual domain names will be valuable? It seems pretty clear that some of the new gTLD registries have been doing well despite the reseller aftermarket producing relatively few sales. I am curious if you think there would be a stronger aftermarket for domain names like Bit.Coin or Coin.Wallet for example.
One big risk with these types of domain names is the application process could take a long time. Essentially, a company could apply for an extension and it could take a couple of years (give or take) for the domain names to become available for sale. Things can change tremendously over time and the cryptocurrency market may look much different in the future – even nearterm.
What are your thoughts on cryptocurrency new domain extensions and cryptocurrency new gTLD domain names? Please adhere to the “no spam” comment rule.