Gname adds another 200 registrars
Singaporean drop-catching registrar Gname has added another 200 shell registrars to its collection, bringing its total to over 500.
The 200 companies are named Gname 301 Inc through Gname 500 Inc. More accreditations means more connections to gTLD registries and a better chance to catch expired domains when they are deleted.
Gname last boosted its portfolio of shells in December 2023, when it doubled its number from 150 to 300.
The latest accreditations will have cost $700,000 in up-front application fees and will add an extra $800,000 to Gname’s costs due to ICANN’s $4,000 flat annual accreditation fee.
This of course has a positive effect on ICANN’s finances. Its fiscal 2025 budget predicted 40 new registrars, and even its high estimate was only for an increase of 57.
It had only accredited 24 new registrars in this fiscal year before Gname’s move.
An extra $1.2 million it wasn’t expecting is almost enough to cover its community volunteers’ hotels bill for a whole year.
Gname’s main accreditation had almost five million domains under management, making it the ninth-largest accreditation of the now over 3,000 on ICANN’s books.
Fast-growing Gname buys another 150 registrars
Gname, the fast-growing Singaporean registrar, has added 150 ICANN registrar accreditations to its drop-catching army.
The companies are named Gname 151 through Gname 300. The companies Gname 2 through Gname 150 were accredited in June 2021.
Gname’s primary accreditation has grown massively since it became a drop-catcher in the last two years, going from under 10,000 names under management at the start of 2021 to 3.9 million at the end of August this year. About 3.2 million of its names were in .com.
Its first 150 secondary accreditations had almost a million names between them.
In August, it was the fastest-growing registrar of gTLD names, growing by over 156,000 domains and becoming the 12th-largest registrar accreditation overall.
Drop-catchers use large numbers of accreditations because registries rate-limit their connections. More accreditations means more connections and a better chance to register a valuable domain when it drops.
The primary accreditation was originally Chinese, in the name of Beijing Huaqi Weiye Technology Co and doing business at iwanshang.cn, before it moved to a Singaporean company called Gname.com.
ICANN’s current budget predicts an increase of five accrediations in fiscal 2024, which ends next June. Its high estimate was an increase of 60. So it’s now getting about half a million bucks more than it was expecting.
Drop-catcher adds 100 more registrars after rapid growth
Drop-catcher Gname has added 100 new ICANN shell registrar accreditations, according to ICANN records.
The Singapore-based company has created companies with the names Gname 051 through Gname 150 for the new accreditations, which are used to increase its number of concurrent EPP connections to the .com registry and therefore its chance of catching a valuable deleting domain.
Each accreditation costs a minimum of $4,000 in ICANN fees per year.
The latest ICANN registry reports show that the parent Gname accreditation had 1,864,283 .com domains under management at the end of August, when it had only 50 active accreditations.
That was a huge increase on the 354,644 domains it had a year earlier, when it had just 10 active registrars. It seems the company is testing how far this up-scaling strategy can go.
The move means ICANN now has 2,655 accredited registrars on its books, far ahead of the 2,447 predicted for the end of June 2023 by ICANN’s current fiscal-year budget.
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