Radix ( an advertiser on TheDomains) put out a press release announcing over $137,000 in one time premium domain name sales.
Sedo was the venue for some of the biggest sales including: design.online for $57.5K; king.online for $17.25K, air.space for $17.5K; inner.space for $15K and have.fun for $11.5k.
23rd October, Dubai. Radix, one of the world’s largest portfolio registries, today announced that it has made one-time premium name sales of more than $137K since August 2018. These one-time sales were made through domain marketplace SEDO and via top registrar partners. Names that fetched maximum value were across .online, .space and .fun TLDs and included design.online for $57.5K; king.online for $17.25K, air.space for $17.5K; inner.space for $15K and have.fun for $11.5k. All of these were sold on domain marketplace Sedo. Radix sells a majority of its premium domains through the tiered model, wherein registrars sell premium names at a smaller, recurring premium fee per year.
Sharing his take on these sales, Tobias Flaitz, CEO, Sedo, said, “Our partnership with Radix has been mutually beneficial from the start and we’re enthused to see this more profitable boom for them supported by our marketplace and brokerage services. .online, .tech and other Radix extensions align perfectly with Sedo’s vast global clientele, including small businesses, startups, and as such have resulted in these stand out sales. Our goal is to support our Premium Registry Partners with marketing and sales offerings tailored to their needs, increasing exposure and interest for their new domain extensions (new gTLDs), all leading to a higher rate of conversions to sales.”
Radix also sold chefs.online through GoDaddy Domain Buy Service for $10K and wiz.host through Namecheap for $3K, while spb.tech and jvm.tech were sold for $3.5K & $3K respectively by the registry directly.
Some third-party sales in .online were also reported in the same period on Namebio with transparency.online selling for $10K, dmv.online for $5.1K, and Datenschutzmanagement.online (privacy management in German) for $1K. Soar.tech was sold to a Scottish tech company for $2.39K in aftermarket through Sedo.
Speaking about the premium sales performance of these TLDs, Sandeep Ramchandani, CEO, Radix, said, “It is encouraging to see the growing trend of aftermarket sales across our TLDs. In addition to our direct one time sales, the third-party sales on Sedo indicate that our domains deliver great value even in the after-market.”
Elaborating on the usage of these sales, Sandeep Ramchandani further added, “Radix premium domains are being put to qualitative use by their buyers. While both, king.online and design.online, have been purchased by Australian furniture brand King Living; Inner.space has been purchased by a wellness organization that offers next-level meditations.”