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Epik had another terrible month in May

Kevin Murphy, September 6, 2023, 17:57:43 (UTC), Domain Registrars

Registrants continued to abandon Epik in droves in the wake of its financial mismanagement scandal in May, the latest gTLD registry transaction reports show.

Total domains under management dropped by 46,624 to end the month at 511,028, compared to its peak of 808,160 in August 2022, before the news of the crisis first started to emerge.

Net transfers were -32,149 in the month, with 32,320 outbound transfers. That’s not as bad as April, when the net transfers number was -34,492.

Adds — newly sold domains — were also up a bit, from 411 in April to 795 in May. Still a far cry from the 10,000+ new domains Epik sold in a typical month pre-scandal.

May was the final month of Epik’s floundering before it sold its assets to a mystery buyer and paid off its debts to customers, registries and ICANN. Next month, we’ll see how that rescue package affected its fortunes.


Comments (2)

  1. “That’s not as bad as April, when the net transfers number was -34,492”

    In absolute terms, but May’s outbound transfers were higher as a proportion of domains under management.

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