Recent Posts
- ICANN publishes its Woke Manifesto. Here’s my hot take
- Alibaba, Name.com among new RDRS opt-ins
- The Swiss can register .swiss domains from next week
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- ICANN content policing power grab may be dead
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- Internet could get one-letter gTLDs (but there’s a catch)
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- ICANN 79: anonymous trolls and undercover lawyers
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- No excuses! PIR to pay for ALL registries to tackle child abuse
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- Epik reveals who is running the company
- Epik gets acquired again! The plot thickens…
- Airline gTLD crashes and burns
- First chunks of new gTLD Applicant Guidebook drop
- Epik to reveal its owners soon
- Another crypto firm to apply for a new gTLD
- Monster and Royce are NOT involved in Epik?!
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- ICANN picks its first ever Supreme Court
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- ICANN picks the domain it will never, ever release
- ICANN approves domain takedown rules
- Has Epik gone “woke”?
- First bits of new gTLD Applicant Guidebook expected next week
- ICANN bans closed generics for the foreseeable
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- ICANN threatens to regulate your speech [RANT]
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- ICANN begs people to use its new Whois service
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- Over 50,000 .ai domains sold in three months
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- ICANN predicts flattish 2025 for domain industry
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- ICANN drops the “man” from Ombudsman
- Have your say on police domain takedown powers
- Most registrars are shunning ICANN’s new Whois system
- Nominet to take over .gov.uk
- ICANN picks Istanbul for 2024 meeting
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- ICANN accused of power grab over $271 million auction fund
- A registrar is getting blamed for an Israeli war propaganda site
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- Google sells five-figure AI domain and six-figure .ing hack
- .blackfriday is still a bit rubbish
- Internet Naming Co acquires five more gTLDs
.CLUB sells $200,000 domain for $10.99
.CLUB Domains has honored the $10.99 registration of credit.club, a premium domain it had hoped to sell for a record-busting $200,000.
The registry this week said it would allow registrant Bruce Marler to keep hold of the domain he bought at the base registration fee, even though it was due to be sold as a premium with an asking price above the previously record price for a .club name.
Marler acquired the name January 14, the day wine.club sold for $140,000 at NamesCon, for a reported $10.99 via Name.com. He’s since launched a basic web site there, though he made his intention to sell the domain clear in an email exchange with DomainGang.
.CLUB CEO Colin Campbell told DI: “It was listed for 200,000 on StartUp.club.”
StartUp.club is the company’s recently launched site for selling premium .club domains, many for six-figure sums.
A registry screw-up seems to be to blame for the sale.
Judging by a a post on NamePros by Campbell, the company was in the process of transferring 130 premium .club names from a registry-reserved status to its own ownership.
During the 26-hour period the domain was unreserved and available, Marler grabbed it.
Campbell said that the contracts between Name.com, itself, and the registrant would allow it to reclaim the domain, but said:
The registry does not believe it is in our best interest nor the best interest of the registrant to pull the name back given the substantial investment in time and money he has invested to launch credit.club. I informed the registrant of such matters and wish him a continued success.
While domainers are obviously lauding the decision as an example of registries owning — and paying for — their technological mistakes, I can’t help but wonder whether this was an economically sound decision.
The registry has certainly won brownie points in the investor community, it’s also lost a potential $200,000 sale.
Marler, by his own admission, intends to sell on the domain. While the domain hosts content today, it may not wind up being the kind of flagship, big-ticket anchor tenant that new gTLD registries need.
UPDATE: Marler, in the comments below, says he feels morally obliged to develop the site.
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