Ghetto domains. Ghetto domains everywhere.
Someone (cough, cough VeriSign) just gave ICANN $135m for the rights to .web
An unnamed organization just paid $135m for the rights to sell ".web" domain names. This is three times the previous record of $45m for .shop, and seven times the average auction price for top-level domains. The massive price tag has raised eyebrows in the domain name industry, not least because one of the companies taking …
COMMENTS
-
Thursday 28th July 2016 23:21 GMT Destroy All Monsters
Woah!
The wining & dining (not to mention ancillary activities) must have been brobdingnagian.
so there has to be a significant element of corporate strategy and very deep pockets for the auction price to make sense
It's the twilight years of the largest financial bubble human history has ever seen in its over 100'000 years of history, nobody has to explain shit anymore.
-
Friday 29th July 2016 00:05 GMT elDog
Re: Woah!
A rare upvote for a mix of possible reality and probable conspiracies that may or may not have a foot in this universe.
However, I do agree that the time-frame and the who-cares are about right. When the flicker from Earth becomes mere points of weather patterns then those actual sentients will say "It was about time."
-
Friday 29th July 2016 06:37 GMT Mark 85
Re: Woah!
It does smell like the "fix" was in before the auction began, doesn't it? Maybe ICANN is taking the money to get them through the upcoming lean times after the next bubble burst?
Maybe in a couple of months, someone needs to take a quick look around the parking lot and see how many new Ferraris, etc. are there?
-
-
-
Friday 29th July 2016 01:01 GMT Anonymous Coward
What are most of those non-registrar companies even going to do with an entire TLD?
It seems the commercial world has been post-web for a decade. They completely abanonded building their own "web presence" in lieu of a Facebook page.
Which suited me because a lot of consumer crap completely disappeared from my view when they did that.
-
-
Friday 29th July 2016 08:43 GMT Pascal Monett
And the added benefit is the large drop in stupid emails trying to get me interested in something ridiculous because all that inane activity is being posted on walls which I don't have.
I like Facebook for the fact that it has drawn all the idiots together and keeps them mostly in their own little ball pen. It's like having a soundproofed kids area in a restaurant. You can enjoy the food and the service without being annoyed by all the shrieking.
-
Saturday 30th July 2016 12:56 GMT John Brown (no body)
"I like Facebook for the fact that it has drawn all the idiots together and keeps them mostly in their own little ball pen. It's like having a soundproofed kids area in a restaurant."
Until "September" arrives and, as with AOL, the users are given some sort of "gateway" out to the wild internet via a Farcebook interface with buttons and think it's just more of Farcebook.
-
-
-
Friday 29th July 2016 09:42 GMT Graeme Evans
Page update
Interestingly, I see two companies listed on that page, for the string 'web/webs'. One is Nu Dot Co LLC, as mentioned in the article. The other is Vistaprint Limited. Same Contention Set number, same amount of dosh forked over, same auction date.
From Wikipedia (yes, I know): 'Vistaprint is a global, e-commerce brand that produces physical and digital marketing products for small and micro businesses. It was one of the first businesses to offer its customers the capabilities of desktop publishing through the internet when it first launched in 1999. Vistaprint is wholly owned by Cimpress N.V., a publicly traded company based in the Netherlands'.
...so it looks like they're making a play for something?
-
-
Saturday 30th July 2016 14:07 GMT John Brown (no body)
Dilution?
I'm still amazed that we keep getting new "record" bids for TLDs. No matter the perceived "value" of any specific TLD, I'd expected the value to drop with the increase in supply. I suppose it just proves that marketing monkeys really rule the world, not the bean counters. (or the lizards)