WebUnited inks deal to “mirror” country’s TLD in the blockchain

Blockchain domains startup WebUnited says it has signed up its first registry client to a service that allows domain names to be “mirrored” on a blockchain naming service.

The company has inked a deal with Global Domains International, the registry for Samoa’s .ws ccTLD (sometimes marketed as a generic for “web site”), that will let its registrars up-sell matching .ws names on the Polygon blockchain.

WebUnited, a Swiss-based joint venture of domain registry ShortDot and “Web3” naming player Freename, says registrants will be able to use their mirrored .ws names to address cryptocurrency wallets, for example.

The company essentially acts as a registry service provider for its registry clients in much the same way as regular RSPs do now, except instead of putting domains into EPP databases and the consensus DNS, it adds them to a blockchain.

Registrars that choose to sign up to the service will use an “EPP-like” API to access the registry, ShortDot COO Kevin Kopas said. He expects .ws to charge about five bucks a year for the blockchain add-on domains.

Kopas said WebUnited is also mirroring policies found in regular domain names, so if somebody loses their domain in a UDRP case, for example, they also lose their matching blockchain name.

After .ws, ShortDot’s own TLDs — .bond, .sbs, .icu, .cyou and .cfd — are also expected to offer the mirroring service. Because these are gTLDs governed by ICANN contracts, ShortDot first has to go through the Registry Service Evaluation Process for approval.

Kopas said that once ShortDot has completed its RSEP it will be able to supply gTLD clients with template language to get their own RSEPs approved. He said WebUnited has a pipeline of potential ccTLD and gTLD registries that have expressed an interest in the service.

ShortDot drops premium fees on millions of domains

New gTLD registry ShortDot says it is making 2.4 million “premium” domains available at its standard registry fee.

From September 1, domains across .bond, .cfd, .icu, .cyou and .sbs will no longer have premium renewals.

The company said that “first and last names, city names, dictionary terms, and more” will return to standard prices, but it appears that it’s the mainly lower-tier inventory, where retail prices can be currently as low as $15 a year, being released.

Judging by the list, it appears that the vast majority of domains are four-character LLLL strings and three, four and five-digit numerics (including US zip codes).

Some geographic names representing low-population areas are on the list, while larger, more well-known cities do not appear to be.

A full spreadsheet of the names can be downloaded from Dropbox here.

James Bond domains listed for sale by .bond registry

ShortDot has made James Bond related domain names in the gTLD .bond available for sale or lease, as the movie franchise’s latest outing smashes box office records.

Both james.bond and 007.bond are currently listed for sale for $25,000 each at Dan.com, with a lease-to-own option of $2,084 a month. The .bond registry is listed as the seller. They will renew at the standard rate.

The offers were announced shortly before the weekend opening of No Time To Die made a reported $120 million internationally in cinema ticket sales, beating pandemic-related box office records.

Both “James Bond” and “007” are trademarks of movie producer EON Productions, so it seems buyers might be assuming some UDRP risk. I asked ShortDot about this last week but did not receive a response.

In a press release, the company made hay about the fact that that “James” is a super-common given name and “007” is a three-digit numeric, which are both sought-after categories of domains.

These are the kinds of assertions you’d expect in a UDRP defense.

.bond was originally a dot-brand for Bond University in Australia, but it was sold to ShortDot in 2019 after laying dormant for years.

Regular .bond domains retail for about $70 a year. There are over 4,000 currently registered.

Hold on to your stats! ShortDot gets two gTLDs approved in China

ShortDot, which makes a business repurposing unwanted gTLDs for the budget end of the market, said today it has had two more horses in its stable approved for use in China.

The company said that .bond and .cyou have been given the necessary nods by Chinese authorities.

What this could mean, if history is any guide, is a sharp increase in sales for the two extensions, possibly to the extent that they materially affect overall domain industry volume stats for the next few years.

ShortDot seems to think so, saying in a press release: “Given the massive success of .icu in China, it is quite clear that .bond and .cyou will follow suit to become largely successful.”

.icu currently has about 600,000 names under management, more than half of which are registered via Chinese registrars. Its numbers are on their way down.

At its peak 18 months ago it had more than 10 times as many, about 6.6 million, due to its low pricing and popularity among Chinese speculators.

The sudden rise and wholly predictable precipitous fall of .icu has been messing with overall new gTLD industry stats for the last couple of years. No volume analysis is complete without a .icu-related asterisk.

It’s by no means assured that the same will be true of .cyou and .bond of course.

.cyou, which was originally a dot-brand matching the ticker symbol of a Chinese company, had 118,000 names under management at the end of May and 136,000 in its zone file yesterday.

Names in .cyou can be had for $2 at Namecheap and NameSilo, its top two registrars, which together hold over 70% of the market.

.bond, originally an Australian university’s dot-brand, has fewer than 5,000 names at the last count and retails for about $55 retail at the low end.

ShortDot plans domain blocking service for brands

Acquisitive new gTLD registry ShortDot is planning a trademark-blocking service along the same lines as those offered by some of its rivals.

The company has applied to ICANN for permission to start a new service called ShortBlock, which it compared to blocking offerings such as Donuts’ Domain Protected Marks List.

Such services block trademarked strings from being registered across a portfolio of gTLDs for a price lower than would be charged for individual defensive registrations.

ShortBlock would also permit typo-blocking, ShortDot’s request states.

Similar services are offered by MMX and .CLUB, both of which will shortly be part of GoDaddy.

ShortDot currently has five gTLDs in its portfolio: .cyou, .sbs, .icu, .bond and .cfd.

Its back-end provider is CentralNic. It says it plans to launch ShortBlock just as soon as ICANN approves its Registry Services Evaluation Process request.

ShortDot bought another gTLD. Guess what .sbs stands for now?

Growing new gTLD portfolio registry ShortDot has acquired another unwanted dot-brand, .sbs, which it intends to repurpose as an open, generic TLD.

.sbs was originally owned by SBS, for Special Broadcasting Service, an Australian public-service broadcaster. But the company never used it.

Now, while launch plans are still in development, ShortDot intends to relaunch .sbs to mean something entirely different, much as it recently did with .cfd.

“.sbs will be branded as shorthand for ‘Side by Side’, perfect for social causes, charitable organizations and other philanthropic initiatives,” ShortDot COO Kevin Kopas told us.

That does not appear to be a meaning of the acronym in common usage.

ShortDot is currently two weeks away from general availability for its next most-recent acquisition, .cfd, which originally stood for the financial term “contracts for difference” but is now being marketed as “clothing and fashion design”.

The company, best known for high-volume .icu, which has sold and lost over five million registrations over the last two years, now has five gTLDs in its stable, including unused dot-brand .bond and .cyou.

ShortDot adds fourth gTLD to its stable, plans March launch

Another unused new gTLD has changed hands, ending up at ShortDot, the registry best-known for high-volume .icu.

ShortDot confirmed to DI today that it has acquired .cfd from its former owner, DotCFD.

The original plan for .cfd, one of the Boston Ivy collection of investment-related new gTLD applications, was for it to represent CFDs, or “contracts for difference”, a risky type of financial instrument that has proved sufficiently controversial that they’re not even legal in the US.

Since 2012, when the string was first applied for, CFDs have come in for serious criticism from market regulators and others due to the risk of significant losses they present to retail investors.

No .cfd domains have ever been sold, and it doesn’t appear to have ever properly launched, even though it’s been in the DNS root for five years.

But ShortDot COO Kevin Kopas tells me the plan is to repurpose the domain for an entirely different market.

“When we were contemplating the purchase and subsequent marketing angle we found that the traditional meaning of a CFD in the finance world doesn’t have the most positive connotation to it,” he said.

“We’re branding .cfd for the Clothing & Fashion Design industry and will be marketing it to entrepreneurs, bloggers, vloggers and others that are on the cutting edge of the fashion industry,” he said.

If that sounds like a stretch, you’re probably right — as far as I can tell, the fashion industry has never used that acronym and creating demand there will be a tall order. We’re in “professional web” territory here.

But Kopas said that ShortDot is already working with some influencers in the space “to create some pioneer cases that will go live at launch”. It’s also planning to attend fashion industry events after pandemic travel restrictions are over.

The company is planning to launch the domain with a first-come, first-served sunrise period beginning March 10 and ending April 12. General availability is slated for April 13 with a seven day early access period.

It’s the fourth unwanted gTLD ShortDot has acquired, repurposed and relaunched.

Its biggest success to date is .icu, a low-cost domain that proved popular almost exclusively in China and currently has 2.5 million domains in its zone file (down from a peak of 6.3 million less than a year ago).

ShortDot has shifted, then lost, so many .icu domains over the last two years that you’ve really got to factor out its influence if you want to get any sensible picture of what the new gTLD industry’s growth looks like.

It also runs .bond (2,500 names in its zone today) and .cyou (with 65,000).

These eight companies account for more than half of ICANN’s revenue

While 3,207 companies contributed to ICANN’s $141 million of revenue in its last fiscal year, just eight of them were responsible for more than half of it, according to figures just released by ICANN.

The first two entries on the list will come as no surprise to anyone — they’re .com money-mill Verisign and runaway registrar market-leader GoDaddy, together accounting for more than $56 million of revenue.

Registries and registrars pay ICANN a mixture of fixed fees and transaction fees, so the greater the number of adds, renews and transfers, the more money gets funneled into ICANN’s coffers.

It’s perhaps interesting that this top-contributors list sees a few companies that are paying far more in fixed, per-gTLD fees than they are in transaction fees.

Binky Moon, the vehicle that holds 197 of Donuts’ 242 gTLD contracts, is the third-largest contributor at $5.2 million. But $4.9 million of that comes from the annual $25,000 fixed registry fee.

Only 14 of Binky’s gTLDs pass the 50,000-name threshold where transaction fees kick in.

It’s pretty much the same story at Google Registry, formally known as Charleston Road Registry.

Google has 46 gTLDs, so is paying about $1.1 million a year in fixed fees, but only three of them have enough regs (combined, about one million names) to pass the transaction fees threshold. Google’s total funding was almost $1.4 million.

Not quite on the list is Amazon, which has 55 mostly unlaunched gTLDs and almost zero registrations. It paid ICANN $1.3 million last year, just to sit on its portfolio of dormant strings.

The second and third-largest registrars, Namecheap and Tucows respectively, each paid about $1.7 million last year.

The only essentially single-TLD company on the list is Public Interest Registry, which runs .org. Despite having 10 million domains under management, it paid ICANN less than half of Binky’s total last year.

The anomaly, which may be temporary, is ShortDot, the company that runs .icu, .cyou and .bond. It paid ICANN $1.6 million, which would have been almost all transaction fees for .icu, which peaked at about 6.5 million names earlier this year.

Here’s the list:

[table id=62 /]

Combined, the total is over $70.5 million.

The full spreadsheet of all 3,000+ contributors can be found over here.

Industry growth driven by new gTLD(s) in Q1

The number of domain names registered worldwide increased by 4.5 million in the first quarter, a sequential growth of 1.2%, largely due to new gTLDs and one new gTLD in particular, judging by Verisign’s latest data.

According to the company’s latest Domain Name Industry Brief, ShortDot’s .icu grew by 1.6 million domains during the quarter.

That’s more than half the growth of the new gTLDs as a whole, which grew by three million names to close March at 32.3 million.

.icu is one of those inexplicable, faddy Chinese phenomena. Its top registrar, West.cn, is currently selling them for the equivalent of $0.70 for the first year.

It’s now the eighth-largest TLD of any type, sitting on the DNIB league table between .org and .nl.

Fellow Chinese favorite .top was responsible for about 300,000 extra domains, though it’s lost most of that growth post-quarter, if zone files are any guide.

.xyz also appears to have had a decent quarter, growing by a couple hundred thousand names.

Verisign’s own .com contributed an additional 1.9 million domains, ending Q1 at 147.3 million. Baby brother .net was basically flat at 13.4 million.

The ccTLD space continued the decline of the last few quarters, coming in down 200,000 names at 157.4 million. Annually, ccTLDs were up by 600,000 names, however.

Overall, there were 366.8 million domain registrations in the world at the end of Q1, an increase of 14.9 million or 4.2% compared to the same moment last year.

Possibly the strangest new gTLD acquisition yet

The company running .icu has taken over a similar-sounding but ugly dot-brand from a Chinese games company.
ShortDot took over the ICANN registry agreement for .cyou from a Chinese games company in November, recently updated ICANN records show.
The seller is Beijing Gamease Age Digital Technology Co, which makes massively multiplayer online games targeted at the Chinese market.
The company is branded as Changyou.com and CYOU is its Nasdaq ticker symbol. The .cyou gTLD was not technically a dot-brand under ICANN rules.
Changyou signed its registry agreement with ICANN five years ago, but never registered any .cyou domains.
The decision to dump .cyou is no doubt related to the fact that Changyou is currently in the process of being reacquired and delisted by Sohu, its majority owner and former parent. The domain presumably soon will have no meaning for the company, even defensively.
It’s such a clumsy, otherwise meaningless string, that surely there was one one potential home for it: the .icu registry. Just as .icu can be read as “I see you”, .cyou can be read as “see you”.
ShortDot has had an inexplicable success with .icu in the last 12 months, during which it has become the industry volume leader in new gTLD sales. Today’s zone files show over SIX MILLION domains have been registered. That’s up from about 400,000 a year ago.
Most of its sales are coming via Chinese registrars, which are selling .icu names for under a dollar for the first year. It has yet to see its first junk drop.
If SpamHaus statistics are any guide, the buyers are largely domainers, rather than spammers. SpamHaus says .icu has under a 2% “badness” rating.
So, while .cyou would look like utter rubbish to any other registry, if ShortDot can bundle it with .icu, perhaps persuading a portion of its registrants to double-up, it may be worth a bit of money.
The registry expects to launch its new acquisition in June.
It’s the second branded gTLD ShortDot has acquired and repurposed after .bond, which used to belong to a university of the same name.