DomainShane.com: I got a fantastic offer on one of my 4L domains yesterday. The email went like this “I would like to purchase your domain for $25″. My response “I’m sure you would, I could offer the domain to you for $2 million US dollars” The response “Are you crazy?” My response “No crazier than ...
Short .net domain name idea off the table.
VeriSign has withdrawn its request to ICANN to allow it to release one and two character .net domain names.
The company asked ICANN back in August to let it auction off any one or two letter .net domain name that wasn’t already registered. Some one and two letter domains were registered prior to a restriction on the practice that was introduced for technical reasons.
A number of other registries have either already distributed these short domain names or have asked ICANN to let them. So why is VeriSign backing out? Here are three possible reasons:
1. VeriSign said it would use the proceeds to promote general awareness of .net. This is a plausible argument for new top level domain names such as .biz, but .net already has mindshare. Not to mention that VeriSign makes so much money off of running the .net registry that it wouldn’t need this extra money to promote it.
2. The company’s proposal had a controversial element that would never let these short domain names go through the deletion cycle; instead VeriSign would take them back and re-auction them.
3. More so than other TLDs, VeriSign is seen as a steward for .net and .com. It’s not the company’s duty to promote them. I also suspect that many view it as outside the company’s role to distribute and profit off these reserved domains. When the idea of releasing one character .com domains was floated five years ago, it was ICANN leading the charge. If nothing else, I’m sure ICANN would want a cut of the action. And if it took a cut, then people would argue that it was only allowing the domains to be auctioned because it would make money off of them.
I suspect the .net proposal was a trial balloon for VeriSign trying to release one and two character .com domains. You can push that idea off further into the future.
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DomainConsultant.com: Akin to modern U.S. politics, seems two distinct and equally vocal groups have emerged in the greater discussions of domain value and future, market and cycle - digital juntas I would call the ‘Debbie Downers’ and ‘Donald Trumps’ of the industry. The Debbies think the sky is falling, the economy is diving, the...
Company asks ICANN to let it auction off short domain names.
dotMobi is asking ICANN (pdf) for permission to auction off remaining one and two character .mobi domain names. Back in 2008 dotMobi requested permission to release one and two character domain names through an RFP process. Now the group wants to auction off any remaining ones, and then open up unclaimed short domains to general registration.
Many other registries have released (or are in the process of releasing) one and two character domain names, which was originally forbidden for gTLDs. .Biz had successful auctions for its short domain names. Even .net might be getting in on the action soon (VeriSign has withdrawn its request to release one and two character .net domains.)
.mobi is one top level domain name where a very short domain could pay big dividends given that people access .mobi sites through small keyboards on mobile phones. Still, these short .mobi domains would have sold for a lot more a couple years ago before the TLD fell out of favor amongst domain investors. How far has .mobi fallen? We might find out next month at TRAFFIC, when flowers.mobi will be auctioned with no reserve. It originally sold for $200,000.
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