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‘who is actually buying that shit?’
Personally, my view is that investors play an important function in the growth and success of new TLDs because they provide a cash boost for a registry at the landrush phase (when a new TLD is launched and anyone can register a domain with that extension) and throughout premium priced domain releases and premium auctions as well as ongoing yearly renewals. This cash boost can help with marketing and awareness campaigns.
Another important function of domain investors is that they assume part of the risk that the registry has when it makes the initial investment to get the domain extension up and running. This sharing of risk is important, it creates an additional group of stakeholders who have interests aligned with the registry to ensure it is successful and thrives – ultimately to protect and grow their investment...
When investors reach out to prospects to sell a domain on a new TLD, part of the work is in educating people and organizations that there is an alternative to .com. This ‘awareness spreading’ organically comes from investors reaching out to hundreds if not thousands of potential end users and the registry and namespace benefits from this (through a greater awareness and more registrations and usage in future).
I look over at DL and see all the .uks being snapped up and I think to myself, ‘who is actually buying that shit?’
Genuine question.
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