Domain Name Game.Cn Sells For a Record $511,000

According to nicenic.net,the domain name Game.CN sold for $511,972.38.

.Cn is the ccTLD for China.

According to the story, the domain was a previously reserved .CN domain name Game.CN which was in a public auction, which ended in bidding 3.098 million cny,” with intensive competition of 686 bids in the last hour”.

“”That Game.cn broke three million refreshed .CN open bidding history, also won the big honor of most expensive .CN domain name in 2013

But why can Game.CN get so popular? It’s a good question, game means 游戏 in Chinese, Game.CN is short and easy to remember, and now the hot gaming market, the gaming industry has deservedly become one of the Internet’s most profitable industry, Game.CN’s value is thus demonstrated. Game.CN can be used for gaming sites.

Most gaming websites were using creative domain names like “digital + game”  or pure digital domains. Although the game industry favored the digital domain, but domain industry prefer game domains with specific meanings, for example, Shanda paid big money to buy javaGame.cn.

Compared to other “game combination” creative domain names, Game.CN would have less limitation but more applicability. It is suitable for WebGame, MobileGame, online game or even gaming company’s official website. In addition, Game.CN can contribute to stronger brand awareness, i.e. Sina Weibo paid a lot for weibo.com and made the concept of Weibo = Chinese twitter deeply rooted in Chinese netizens.

It is reported that Game.com domain name had been registered in early 1998 and got online, it also intensified the competition on hot domain Game.CN for the domestic game companies.

Indonesia will roll out shorter .id Domains Next Year

TechInAsia.com reported that the country code for Indonesia will be getting shorter.

From the article:

Next year, Indonesians will have to get used to a brand-new ending to web addresses that sounds really short and sweet. It’ll be ‘.id’. The new domain ending will go on sale as early as January 20. The domain name was approved a couple days ago by the highest internet domain name authority in Indonesia, the Forum Nama Domain Indonesia.

As with all new domain endings, the sale of ‘.id’ domains will commence in three phases. The first phase, which is called sunrise and goes on for three months, will prioritize trademark name owners in Indonesia to allow them get their hands on important homepage addresses.

Two months afterwards comes the second phase called grandfather, which lets owners of ‘.co.id’ or ‘.web.id’ sites buy the new ‘.id’ domains. Then starts the third phase: the landrush.

The second and third phases will happen between June and August next year. If name disputes happen, then the domain names will be auctioned to the respective parties.

This should bring about a few popular domain hacks.  Student.id, Fake.id, Squ.id and if they allow 1 character registrations put me down for B.id.

With 20 Million Domain Registration, The Registry Behind .TK Raises $3 Million In Funding

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Freenom who is the registry for the .TK which is the ccTLD of Tokelau, which offers free domain names has closed a $3 million Series A funding round led by Kima Ventures.

Freenom is headquartered in Amsterdam runs the .TK registry which is the second most registered domain name extension in the world with over 20,000,000 domain name registrations.

Only .com has more domain name registrations that .TK

The company also has signed deals with the countries of  Gabon (GA) , Central African Republic (.CF) and Mali (.ML), to manage their top-level domain registries and plans on continuing their  business model of giving away free domain names.

Revenue comes from monetizing expired domain names. Freenom takes back domains that are no longer used by the registrant or have expired, then sells the residual traffic to advertisement networks.

Additional revenue will be generated by offering services, such as hosting packages, SSL certificates and others, to users.

These new services will be available starting in  January.

We did an extensive post on the company back in March 2012.

Godaddy.com Warns Customers That .Vg & .Tc Domains May Not Be Renewed & Will Be Costly

In any email Godaddy.com warns customers that they might not be able to renew .VG domain names or .TC domain names.

If they are able to renew them they are not going to be cheap

“We previously told you about a dispute at the .TC and .VG domain name registries.”

“We have already suspended new .TC and .VG registrations because of complications at the registry, and we may have issues renewing your domain(s). ”

“Also, effective immediately, the registries have increased the price of renewals: .VG are now $199.99 and .TC are $149.99 per year.”

“We’ll do our best to work with the registries to renew the domains”

We told you about a big issue with .VG and .TC domain names back in March of this year

.VG is the ccTLD for for the British Virgin Islands.

.TC is the ccTLD for Turks and Caicos Islands

You can read our previous posts on those extensions here and here.

 

 

Nominate Approves .Uk Domain Names; .co.uk Holders to Get 1st Shot

Nominet the company that runs the .UK ccTLD on behalf of the United Kindom announced today that it was going ahead with its controversial plan to domain go launch the shorter .uk domain name not only to compete with all the thousands of new gTLD’s most notably .London,  but to bring the UK into line with other European countries such as France (.fr), Germany (.de) and Ireland (.ie)

Nominet  existing .uk customers will be offered first refusal of the shorter equivalent of their current address, with five years to decide whether they want to use it in addition to, or instead of the domain they already have with those holding the .co.uk domain getting preference over those holding other versions like org.uk

Nominet will begin a market marketing push to make sure its customers are ware of the changes and says it will announce a  launch date for the service in February 2014.

Nominet says the price for the new domains will remain at £3.50 for a single year registration and £2.50 for multi-year registrations.

Nominet CEO Lesley Cowley is quoting as  saying:

“We’re excited to offer the option of a shorter, snappier domain name that we believe will appeal to both our existing customers and the businesses and bloggers of tomorrow.”

According to Nominet a survey of UK business decision makers found that 72% thought direct ‘example.uk’ registrations should be an option, while only 2% thought they shouldn’t.

I’m sure this is a huge relieve to a lot of domain investors in the .Uk as some versions of the new plan had the .Uk domain name going to the oldest registration rather to the .co.uk holder