Quote:
Originally Posted by Kenny B!
Go buy some of the new gTLD domains, lots of premium ones are still available. I invested in them and am rolling the dice since I missed the boat on .com's.
It may take a while but the right names in the new TLD space will increase in value. Home.loans sold for $500k recently.
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Don't believe all the marketing hype from the registries and do some due diligence. For the vast majority, businesses either choose to use .com or a ccTLD if they're targeting a specific country. New TLDs have proven time and time again to be a horrible long term investment. Just look at the track record of .travel, .pro, .biz, .mobi, .tel and .xxx, TLDs that were all launched 5+ years ago. How many developed sites are there using these TLDs? It's lucrative for new TLD registries to pump out domains to deluded speculators who missed the boat on .com, but the aftermarket for these alternative TLD domains after the initial launch is extremely illiquid.
ICM Registry allegedly sold Tube.xxx and Tubes.xxx for $750k. They don't even resolve, meaning they don't even get enough type in traffic for the owner to bother to redirect elsewhere. Gay.xxx allegedly sold for $500k and it's just a shitty VS white label that gets a drip of traffic. Sex.xxx allegedly sold for $3M and gets almost no traffic. Without significant additional expenses for site development and traffic acquisition, it's extremely unlikely these "investors" will ever recover their "investments" in these domains.