.XYZ, .VIP, and .Club Get Chinese Governmental Approval

Earlier this morning, I received an email and a press release from .XYZ founder Daniel Negari announcing that his company “has received official approval from the Ministry of Industry and Information Technology (MIIT), a Chinese governmental agency in charge of domain name industry.” Here was Daniel’s reaction to the news on Twitter:

In scrolling through my Twitter feed this morning and reading my news alerts, it looks like the operators of the .VIP and .Club extensions also received this MIIT approval as well. .Club CEO Colin Campbell also shared the news on Twitter this morning:

I can’t read the page on the Chinese-government website that Colin linked to because it is entirely in Chinese, but I am sure it was the notice of approval. I did not see any official statement from the .Club registry discussing the news.

It looks like Minds + Machines put out a press release announcing the MIIT approval for .VIP.

From what I understand, this approval means registrants of these three domain extensions can now build websites that are hosted in China. Based on what I have read, this is big news for each of these registries.

According to nTLDStats.com, these three extensions are in the top 10 of new gTLD extensions (by registration volume). Among the three registries, there are a little over 8 million registered domain names. .XYZ has the most registered domain names with nearly 6.7 million. I presume that the government approvals could lead to an increase in registrations for these three extensions.

Elliot Silver
Elliot Silver
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 closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

4 COMMENTS

  1. From the M+M press release: Dr Mao Wei, a luminary of the Chinese domain industry and Board Chairman of ZDNS, MMX’s technical partner in China, commented:

    “We congratulate dot VIP on its approval and believe it has the potential to become one of the most popular, significant top-level domains in China.”

    This is huge news for dot-VIP. And while this extension will never – and should never – hit the multi-million registration mark, the quality names that effectively leverage this extension should do very well.

  2. When it comes to China, one of the biggest “no-brainer” TLDs is also one of the least talked about now:

    .Gold

    That is no surprise right now because of the high registration pricing.

    However, the importance of gold in China and the status of China regarding gold is well known among those who know anything at all about the global gold market. Moreover, there are the virtually limitless figurative applications of the word “gold” beyond its literal reference to gold itself.

Leave a Reply

Recent Posts

Hilco Digital Assets Announces $10m Investment in Squadhelp

1
Squadhelp has become a leading brand naming marketplace, connecting business owners and entrepreneurs with domain names listed for sales on its platform. Led by...

Questions Related to Uni —> Afternic Parking Migration

5
If you are a Uniregistry customer, you most likely received an email explaining the upcoming migration of the Uniregistry Market and parking platform to...

Some Uni-Registered New gTLDs Will be Transferred to 1API

2
I received an email from Uni (formerly Uniregistry) that I initially thought was a Whois verification email and almost ignored. It was, in fact,...

Advice and Resources for a Newbie Domain Investor

2
Someone reached out to me on Twitter seeking advice for selling domain names. In a short tweet thread, I shared a few thoughts and...

AI.com Now Forwarding to ChatGPT Website

1
Early this morning, Andy Booth tweeted about AI.com, asking if the domain name was acquired by ChatGPT. Andy presumably asked because the AI.com domain...