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Sav.com buys FIFTY new registrars
Kevin Murphy, May 24, 2021, Domain Registrars
Who said competition in the domain drop-catching space was dying?
Domain registrar Sav.com, which has been emerging as a bit of a favorite among domain investors over the last year or so, has just formed 50 new registrars with ICANN accreditation to power its drop-catching service.
ICANN records show the creation of newly accredited registrars named “Sav.com, LLC – 1” through “Sav.com, LLC – 50” in recent days, each with the same contact information.
They’re no doubt there to increase Sav’s pool of registry EPP connections, increasing the company’s chance of successfully securing dropping domains.
The company has proven popular among domainers recently due to its no-win-no-fee back-ordering service and its habit of passing on registry wholesale discounts to its customers, resulting in very low first-year pricing.
Since its launch in late 2019, it’s been using its original accreditation, purchased from NameKing.com that year, to catch names. It’s grown from around 4,000 names under management to over 400,000 in that time.
Fifty new registrars means at least an extra $200,000 a year going into ICANN’s pocket for accreditation fees. ICANN’s budget for its current fiscal year predicted its registrar base decreasing by 380 accreditations.
The emergence of this new dropnet comes just days after ICANN canned former dropcatcher Pheenix, which used to have over 500 registrars in its network.
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