Ten days into its series of renewal rate disclosures, Donuts has revealed that .guru’s rate currently stands at 63.4%.
In a blog post yesterday, COO Richard Tindal said that the registry’s overall renewal figure for the first 81,569 domains it sold was 68.4%.
The other two large TLDs in the batch — .photography and .clothing — came in at 75.7% and 74.0%, respectively.
.guru was the first new gTLD to launch in English that did not refer to a specific niche vertical. As such, it took the lion’s share of the early new gTLD speculation money.
We’re looking at a typical junk drop, in other words.
Over 10,000 names have been deleted from the .guru zone file since it peaked at over 80,000 names on February 28, as this DI PRO chart shows.
Tindal wrote that he expects the numbers to improve over time:
In March and April we expect the cumulative rate on all Donuts names to stabilize around 70%, and then trend upwards toward 80% as the average age of registrations increases and the proportion of names with website content continues to grow.
Google has launched com.google, one of its batch of 2015 April Fool’s Day jokes.
Visiting the domain today will reveal a reversed perspective on the usual Google home page.
Even the results pages are reversed.
It’s probably the most inventive use of a dot-brand new gTLD to date.
Vox Populi has agreed to pay ICANN up to $1 million in extra fees in order to pay off the debts of affiliated deadbeat registrars, I can reveal.
The formerly mysterious fees, which comprise a $100,000 start-up payment and $1 for each of its first 900,000 .sucks transactions, were discovered by ICANN’s Intellectual Property Constituency, as I reported Friday.
I speculated that the payments may have related to ICANN padding out its legal defense fund, rather like it did with .xxx a few years ago, but it turns out that guess was dead wrong.
ICANN has told DI:
Some affiliates of Momentous, the majority owners of Vox Populi Registry, had previously defaulted on substantial payments to ICANN. Given this previous experience, ICANN negotiated special contract provisions in the Vox Populi Registry Agreement to provide additional financial assurances. Those provisions were added solely for that reason and were not related to the nature of this specific TLD.
I gather that the affiliated companies in question were shell registrars that went out of business a while ago.
Momentous company Pool.com used large numbers of empty registrar accreditations in order to drop-catch expiring domain names. Fairly standard practice in the drop-catching game.
But many of these entities were shut down, owing ICANN a whole bunch of cash in unpaid registrar fees.
ICANN has now chosen to recoup the money by extracting it from the .sucks registry, which according to its new gTLD application is majority-owned by Momentous.
The .sucks contract calls the $100,000 a “registry access fee” and the $1-a-name charge as “registry administration fee”.
For avoidance of doubt, this post is not an April Fool joke.
Vox Populi has yet to decide whether it will put its mouth where its money is and open up its own brand for the .sucks treatment.
In a radio interview with the Canadian Broadcasting Corporation’s Day 6 show broadcast on Friday, registry CEO John Berard was asked whether the company would register voxpopuli.sucks and allow it to be used as a third-party criticism site.
Vox Populi is positioning .sucks as a space where big brands and others register names in order to solicit useful commentary, criticism and conversation from their customers.
So the correct answer to the question would have been: “Yes, of course we will do that.”
But Berard was more ambiguous in his response:
HOST: What will you do with the voxpopuli.sucks web site? Will you put it up or will you hold it?
BERARD: My instinct would be to put it up.
HOST: But there’s a possibility that you won’t?
BERARD: It’s a business decision we’ll have to make and I think it’s probably the smarter business decision to put it up.
In my view, the company would be mad to sit on voxpopuli.sucks and related names.
By eating its own dog food, it would send the message that it actually believes its own marketing line.
I’m frankly surprised that Vox Pop has not already enthusiastically confirmed it will open itself up to the same kind of treatment as its sunrise period customers.
The full 15-minute CBC piece, which includes four minutes of yours truly busting his radio cherry and five of domain investor Rick Schwartz bitching about how “corrupt” ICANN is, can be streamed here.
The .sucks sunrise period begins today, with a controversial recommended retail price of $2,500 per year.
ICANN CEO Fadi Chehade has distanced himself from comments in which he seemed to equate domain investing with “cybersquatting”.
In January, Chehade said in a Huffington Post interview that new gTLDs would help prevent domain “hogging”, which was widely interpreted as his taking a dim view of domaining.
When asked about his remarks last month, he did not backtrack.
Now he has backtracked, responding to an angry letter from the Internet Commerce Association, which represents many of the largest domainers.
In March 24 letter (pdf) published over the weekend, Chehade said that he interpreted the HuffPo interviewer’s question to refer to the practice of registries holding back premium domains, rather than secondary market activity:
I regret that the ICA interpreted some of my comments in the interview as expressing a “disdainful view” of domain investing. As you might have gathered from the reporter’s questions, some people have asked whether the new gTLD program might have created an opportunity for “land grabb[ing]” by industry insiders. It was not my impression that the question being asked referred to established practices in the secondary market; rather, I believe the reporter was inquiring about some of the very practices by registries you cited in your letter. My response — that alternatives are available in different gTLDs — was intended to try to allay the concern that the program was creating artificial scarcity of domains, not to criticize participants in the marketplace.
Was this a fair interpretation of the interviewer’s question? Is this just a misunderstanding?
Watch the two-minute video above to make up your own mind.
Addressing the ICA’s concerns that he had equated domain investing with cyberquatting, Chehade wrote:
We are in complete agreement that there is a very important legal distinction between registering generically-termed domain names and cybersquatting.