I placed a pre-order for the domain name Cool.Vegas on a landrush basis with 101domain.com a while back.
I got word the other day that the domain name was placed on the reserved list of the registry and made a premium domain.
So I got a bill for the difference between what I previously paid for the pre-order $234.99 and the new premium price for the domain name of $35,760.00
I have no idea of how the .Vegas registry thinks a domain name like Cool.Vegas should be priced at $35K
I reached out to DomainNameSales.com and chatted with Wade Smith who quoted me a price of $12,000 for the domain name CoolVegas.com
So basically the .Vegas registry has priced their new gTLD domain name three times higher than the equivalent .Com domain.
I think this is what happens when you don’t have an experienced domainer or domain investor on your team. Although the .Vegas guys are the same team behind the very successful .cc registry (from the registry standpoint) they are not “domain investors”
There is a difference
If you haven’t figured it out already, I will not be sending in the Extra $35,525 so if anyone wants to own Cool.Vegas for just $35,760 have at it.
Dear Worldwide Media, Inc.,We are writing to notify you that there has been a pricing change on your pre-ordered domain name(s). Until accepted and confirmed by the registry, all pricing and dates are subject to change and, in this case, the registry has classified the below domain name(s) as premium domain names. Premium name lists may change prior to a new domain name extension launching which we unfortunately have no control over.The premium domain name classification system was put into place by the registry as a way to simplify the premium domain name auction system. These premium domain names are being offered at a higher yearly/multi-year rate than normal domain names. In order to register a premium domain name you must pay the increased registration price in addition to any set-up fees you may incur (Sunrise, Early Access, etc.).
This premium registration price is a one-time fee for .VEGAS, renewals will be $150 after the first year.
In order to keep your pre-order locked in, please log into your admin panel and pay the outstanding invoices. We will hold your order(s) for 10 days to give you time to pay and keep the name locked. Failure to pay within 10 days will result in the name(s) becoming available for other customers. If you choose not to pay the difference, 101domain.com will refund you the amount you have already paid.
We anticipate these .VEGAS Premium names to be some of the more valuable domain names in the new gTLD program, and as noted in the Las Vegas Review Journal “.vegas has long been in the top 10 in polls of domain names consumers say they would most like to see”. We highly recommend you consider opting-in for these premium names.
If you have any questions, please don’t hesitate to contact us at email@example.com, or log in to your admin panel and submit a support ticket.
We thank you for your continued business and apologize for any inconvenience this may cause you.