Cryptocurrency firms to be banned from .bank
The registry for the already heavily restricted .bank and .insurance gTLDs wants to change its policies to make it clear that cryptocurrency firms are not welcome.
fTLD Registry Services has opened up a public comment period on proposed changes to its eligibility policies for the two TLDs which would drop the “service provider” category of registrant.
It would also clarify that eligible entities have to be “retail” banks regulated by a proper government authority.
The elimination of “service providers” is an effort to clarify that .bank is for banks and not peer-to-peer or cryptocurrency payment providers.
Heather Diaz, senior director of compliance and policy at fTLD, told us that the service provider category was created to allow “banking core processors” and the like to register domains. She said in an email:
More recently, as the financial services arena has evolved, particularly as it relates to fintechs offering financial products/services (e.g., P2P payment providers, cryptocurrency companies), we have found that some prospective Registrants were seeking domains to enhance their legitimacy to market to regulated entities and/or consumers.
By eliminating the category, fTLD hopes to clarify that .bank is just for regulated banks.
Registrants that already own service provider domains (it sounds like there are only one or two) would be grandfathered under the proposed policy, so nobody’s going to lose their existing domains.
The proposed changes were boiled up by fTLD’s bank-led Advisory Committee and its board of directors.
Comments are being accepted until August 24, after which the company’s board will decide whether to implement the new policies.
Looks like .fans has a new Chinese owner
It appears that the struggling new gTLD .fans has changed ownership for the second time in a year.
According to ICANN’s web site, the .fans Registry Agreement was assigned to a company called ZDNS International on June 28.
Since August 2018, the contract had been in the hands of a CentralNic subsidiary called Fans TLD, having been originally operated by Asiamix Digital.
ZDNS International appears to be a newish Hong Kong subsidiary of major China-based DNS service provider ZDNS.
ZDNS provides DNS services for more than 20 TLDs, mostly Chinese-language, but as far as I can tell it is not the contracted party for any.
It’s also known for providing registry gateway services for non-Chinese registries that want to set up shop in the country.
CentralNic took over .fans last year after Asiamix failed to get the TLD’s sales to take off.
.fans had about 1,700 domains under management at the time, and it’s been pretty much flat ever since. I don’t think CentralNic has been promoting it.
Over the same period, singular competitor .fan, which Donuts acquired from Asiamix last year, has gone from 0 to almost 3,000 registrations.
If CentralNic, a public company, made a profit on the flip it does not appear to have been material enough to require disclosure to shareholders.
MMX to pay $5.1 million to get out of terrible .london deal
Minds + Machines will pay its partner on .london roughly $5.1 million in order to put the catastrophic deal to bed for good.
That’s a reduction from the $7.9 million liability it had previously estimated.
The company said last week that it will pay an unspecified partner the $5.1 million “as full and final settlement for any further liability or contractual spend” after renegotiating the contract.
In April, MMX said that the deal had cost it $13.7 million since the outset.
While MMX has never publicly fingered the contract in question, which has been a pair of concrete boots for years, its deal with .london’s London & Partners is the only one that fits the bill.
The registry secured L&P, the marketing arm of the London Mayor’s office, as a client during the mayoral reign of Boris Johnson, the man set to be anointed the UK’s next prime minister this week.
It agreed to make millions of dollars in guaranteed payments over the duration of the contract, because it expected to sell a shedload of .london domains.
That never happened. The gTLD peaked at 86,000 names in March 2018 and was down to 54,000 a year later, evidently a fraction of what MMX had planned for.
The renegotiated deal — I believe at least the second time the deal has been amended — is “in principle” for now, with formal approval expected soon.
In its trading statement last week, MMX also said that the first half of the year ended with a 19% increase in regs, ending June at about 1.82 million.
It said it has “stabilised” declining billings in its acquired ICM Registry portfolio of porn-themed TLDs at $2.8 million, and that it has a “clear pathway” to growth from the four zones.
It’s hoping “further new initiatives” — likely a reference to a new trademark-blocking service — will help out in the current half.
MMX also said that it’s spending $1 million of its cash reserves on a stock buyback.
After five-year wait, .madrid domains coming this month
Madrid will become the newest city to get its own gTLD later this month.
The Spanish capital will start accepting sunrise and landrush applications in concurrent priority periods that run from July 16 to October 3.
October 2 marks the five-year anniversary of .madrid being delegated. It’s taken the city a long time to figure out its launch plan.
General availability is due to begin October 10.
The sunrise period includes an option for European trademark owners that are not registered in the Trademark Clearinghouse to obtain names, but with deference to matching TMCH mark holders.
A couple hundred names of local public services have already been tentatively allocated under a pre-sunrise priority period.
.madrid does have local “nexus” eligibility requirements, but it does not appear that you actually need to be located in Madrid, or even in Spain, to obtain a domain.
By my reckoning, the launches of .madrid and .zuerich (which is currently in sunrise and slated to hit GA next April) means MMX’s .budapest is the only 2012-round city-gTLD that has yet to outline its launch plans.
.icu joins the million-domains club in one year, but spam triples
Another new gTLD has joined the exclusive list of those to enter seven figures in terms of domains under management.
.icu, managed by ShortDot, topped one million names this week, according to COO Kevin Kopas.
It’s taken about a month for DUM to increase from 900,000 names, and if zone files are any guide half of that growth seems to have happened in the last week.
.icu domains currently sell for between $1 and $2 for the first year at the cheap end of the market, where most regs are concentrated, with renewals closer to the $10 mark.
The gTLD joins the likes of .club, .xyz, .site and .online to cross the seven-figure threshold.
When we reported on the 900,000-reg mark at the end of May, we noted that .icu had a SpamHaus “badness” rating of 6.4%, meaning that 6.4% of all the emails coming from .icu addresses that SpamHaus saw were classified as spam.
That score was roughly the same as .com, so therefore pretty respectable.
But in the meantime, .icu’s badness score has almost tripled, to 17.4%, while .com’s has stayed about the same.
Picking through the Google search results and Alexa list for .icu domains, it appears that high-quality legit web sites are few and far between.
Whether that’s a fixable symptom of .icu’s rapid growth — it’s only about 13 months post-launch — or a predictor of poor long-term potential remains to be seen.
Cloudflare “bug” reveals hundreds of secret domain prices
The secret wholesale prices for hundreds of TLDs have been leaked, due to an alleged “bug” at a registrar.
The registry fees for some 259 TLDs, including those managed by Donuts, Verisign and Afilias, are currently publicly available online, after a programmer used what they called a “bug” in Cloudflare’s API to scrape together price lists without actually buying anything.
Cloudflare famously busted into the domain registrar market last September by announcing that it would sell domains at cost, thumbing its nose at other registrars by suggesting that all they’re doing is “pinging an API”.
But because most TLD registries have confidentiality clauses in their Registry-Registrar Agreements, accredited registrars are not actually allowed to reveal the wholesale prices.
That’s kind of a problem if you’re a registrar that has announced that you will never charge a markup, ever.
Cloudflare has tried to get around this by not listing its prices publicly.
Currently, it does not sell new registrations, instead only accepting inbound transfers from other registrars. Registry transaction reports reveal that it has had tens of thousands of names transferred in, but has not created a significant number of new domains.
(As an aside, it’s difficult to see how it could ever sell a new reg without first revealing its price and therefore breaking its NDAs.).
It appears that the only way to manually ascertain the wholesale prices of all of the TLDs it supports would be to buy one of each at a different registrar, then transfer them to Cloudflare, thereby revealing the “at cost” price.
This would cost over $9,500, at Cloudflare’s prices, and it’s difficult to see what the ROI would be.
However, one enterprising individual discovered via the Cloudflare API that the registrar was not actually checking whether they owned a domain before revealing its price.
They were therefore able to compile a list of Cloudflare’s prices and therefore the wholesale prices registries charge.
The list, and the script used to compile it, are both currently available on code repository Github.
The bulk of the list comprises Donuts’ vast portfolio, but most TLDs belonging to Afilias (including the ccTLD .io), XYZ.com and Radix are also on there.
It’s not possible for me to verify that all of the prices are correct, but the ones that are comparable to already public information (such as .com and .net) match, and the rest are all in the ballpark of what I’ve always assumed or have been privately told they were.
The data was last refreshed in April, so without updates its shelf life is likely limited. Donuts, for example, is introducing price increases across most of its portfolio this year.
What happens in Vegas… gets released in .vegas
Dot Vegas is releasing 2,266 previously reserved .vegas domain names, most of which accord to a decidedly sleazy theme.
Based on my eyeball scan of the list, I’d say easily half of the names being released are related to pornography, prostitution, gambling, drugs, and venereal diseases.
A large number are also family-friendly terms related to travel, tourism and general commercial services.
On the release list are domains including taxi.vegas, rentals.vegas, motels.vegas, lucky.vegas and magic.vegas,
Registrars may be interested to know that domains such as register.vegas, name.vegas and names.vegas are also on the list.
Undisclosed premium prices will be charged for 283 of the names, with the rest hitting the market at the regular .vegas price, which at the top two registrars (GoDaddy and 101domain, each with about 38% market share) is about $70-$80 retail for renewals.
The registry said that the release is happening as part of “an ongoing effort to increase awareness and usage of .vegas domain names”.
.vegas has yet to top 22,000 domains under management and has been on the decline, volume-wise, since last July.
Because they’ve never been available before, the new domains will have to run through the ICANN-mandated Trademark Claims period first, enabling trademark owners to snap up their brand-matches first.
I did spot a few obvious brands — such as Playboy and ChatRoulette — on the list.
Dot Vegas expects this claims period to run from August 1, with the general availability November 1.
The X-rated part of list is actually surprising educational. I thought I knew all the words, but apparently not. Without leaving the T’s, who knew “tribbing”, “teabagging” and “thai beads” were things?
I feel so naive.
.amazon frozen AGAIN as endless government games continue
Amazon’s application for the .amazon gTLD has yet again been frozen, after a South American government invoked ICANN’s appeals process.
The bid, as well as applications for the Chinese and Japanese versions, were returned to “on-hold” status at the weekend, after Colombia filed a formal Request for Reconsideration, an ICANN spokesperson confirmed to DI.
“The processing toward contracting of the .AMAZON applications has been halted pending the resolution of Request 19-1, per ICANN organization’s normal processes,” the spokesperson said.
This means the applications could remain frozen for 135 days, until late October, while ICANN processes the request. It’s something that has happened several times with other contested gTLDs.
Colombia filed RfR 19-1 (pdf) on June 15. It demands that ICANN reverses its board’s decision of May 15, which handed Amazon a seemingly decisive victory in its long-running battle with the eight governments of the Amazon Cooperation Treaty Organization.
ACTO’s members believe they should have policy control over .amazon, to protect the interests of their citizens who live in the region they share.
To win an RfR — something that hardly ever happens — a complainant has to show that the ICANN board failed to consider pertinent information before it passed a resolution.
In Colombia’s case, it argues that the board ignored an April 7 letter (since published in PDF format here) its Governmental Advisory Committee representative sent that raises some interesting questions about how Amazon proposes to operate its TLDs.
Because .amazon is meant to be a highly restricted “dot-brand” gTLD, it would presumably have to incorporate Specification 13 into its ICANN registry agreements.
Spec 13 releases dot-brands from commitments to registrar competition and trademark protection in exchange for a commitment that only the brand itself will be able to own domains in the TLD.
But Colombia points out that Amazon’s proposal (pdf) to protect ACTO governments’ interests would give the eight countries and ACTO itself “beneficial ownership” over a single domain each (believed to be names such as co.amazon, .br.amazon, etc).
If this means that Amazon would not qualify for Spec 13, it could follow that ICANN’s board made its decision to continue processing .amazon on faulty assumptions, Colombia argues.
Colombia points to the case of .sas, a dot-brand that is apparently shared by two companies that have the same brand, as a possible model for shared management of .amazon.
RfRs are handled by ICANN’s Board Accountability Mechanisms Committee.
BAMC took just a couple of days to rule out (pdf) Colombia’s request for “urgent reconsideration”, which would reduce its regular response time from 90 days to 7 days.
The committee said that because the .amazon applications were being placed back on-hold as part of normal procedure during consideration of an RfR, no harm could come to Colombia that would warrant “urgent” reconsideration.
According to ICANN’s spokesperson, under its bylaws the latest the board can respond to Colombia’s request is October 28.
At a GAC session at the ICANN 65 meeting in Marrakech, taking place right now, several ACTO governments have just spent over an hour firmly and publicly protesting ICANN’s actions surrounding .amazon.
They’re still talking as I hit “publish” on this post.
In a nutshell, they believe that ICANN has ignored GAC advice and reneged on its commitment to help Amazon and ACTO reach a “mutually acceptable solution”.
Afilias buys the other half of .global
Afilias has acquired one of its new gTLD back-end customers, Dot Global Domain Registry Limited, the registry for .global.
It immediately makes .global Afilias’ best-performing 2012-round new gTLD.
The price of the deal, between two private companies, was undisclosed.
As DI reported last November, Afilias already owned 45% of the company, which had 2017 revenue of $1.9 million and a $320,000 loss.
.global is a relatively good new gTLD business, as new gTLDs go.
We’re looking at a business with probably still low-seven-digit annual revenue, with annual adds and renewals trending upwards.
It had over 48,000 domain under management at the last count, with about about 22,500 annual renews.
The names renew at $100 at GoDaddy, which with 30% of .global regs is the largest .global registrar.
NameCheap, the second-largest registrar (with 11%), renews at about $65.
Anecdotally, it’s a new gTLD that I regularly come across in the wild, which is still relatively noteworthy. It’s often used by multinational companies for global gateway sites.
Afilias said that because .global already runs on its back-end, there won’t be any burdensome migration work for registrars, just some “paperwork will need to be updated”.
In terms of domains under management, .global immediately becomes Afilias’ highest-volume new gTLD (excluding pre-2012 .info, .pro and .mobi).
Its biggest 2012-round TLD, from the about 20 it owns, was .red, with around 34,000 DUM.
Nic.br wins dot-brand from Afilias
Brazilian registry Nic.br has won its sixth gTLD client.
It’s taking on the dot-brand back-end business of Natura, a cosmetics company based in its home town of Sao Paulo.
The .natura gTLD was previously managed by Afilias.
I can’t imagine it’s a hugely valuable deal.
Natura has only a few domains in its zone. It’s using global.natura as a portal to its various national ccTLD sites and app.natura as a gateway to app stores where its mobile app can be obtained.
It’s the latest gTLD to change back-ends in the current wave of new gTLD rejiggering to come about as contracts negotiated during the 2012 application round start to expire.
Nic.br also runs the dot-brands .uol and .globo, the small city TLD .rio, the unlaunched generics .bom (means “good” in Portuguese) and .final, and of course its original ccTLD, .br.
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