poll What could have fuelled the XYZ growth/sales?

[abstractdomainer]

.XYZ selling for 5-figures is a big deal in itself, especially when .CO and .IO and sitting there and watching.
What do you think fuelled the XYZ growth and why is it so popular?

 

[DNGear]

First, I was the one only selling .xyz ...now it became 3...lol..
What you learnt? Please open your blind eyes and follow report completed sales thread.
I dont think we could stop .xyz popularity by trolling at this time.
Try to grab some and earn money and stop your BS.

 

[DNGear]

There's clearly some power brokers out there pushing XYZ sales, and they're doing a damn good job it seems.

Didn't you see who is pushing what? One Popular blogger in NP just only exaggerates .IO or .com sales like crazy. I never saw they tried to mention any .xyz sales. Only hyping .io. These bloggers should be neutral irrespective of the extension.

 

[GreatBrand.in]

Because we are in transition:

Moving from web2 to web3; from corporate culture to community collaboration.

BTW, the extension XYZ represents three dimensions a perfect meaning for a decentralized system.

 

[AEProgram]

Gambling addiction fueled it. There are other extensions that are just as good.

What fueled the beanie baby boom? Reports of big ROI's. Reality? Most people did not make money.

What fueled the shitcoin boom? Reports of big ROI's. Reality? Most people did not make money.

What fueled the meme stock boom? Reports of big ROI's. Reality? Most people did not make money.

What fueled the NFT boom? Reports of big ROI's. Reality? Most people did not make money.

Most people will not make money with .com investments let alone investing in other extensions.

I have seen no proof that the sales reported are fake. However, let's say a scammer starts an extension called .JKL and he wants to get domainers to buy AND hold names in that extension, what would he do?

He would offer low price registrations for names and then find a few of the people that purchased the names that are domainers and REALLY buy the names back using shell companies for big prices. For example, he would go to the person that purchased a name like House.jkl and buy it for 3500, he would do the same with some others and and the sales will be reported and now the gamblers will show up and buy names.

All he has to do is to keep making those investments that seem big but he is making it all back from registrations and renewals. Plus, the owner of the extension is holding some premiums and it drives their price up.

The domainers that are making the sales are not in on it and the only people that would know would be the person behind the extension.

This is how market manipulation has worked in other industries too.

The only clue might be that almost all the big sales would have nothing developed on them. Even that is not so much proof because many big .com sales remain undeveloped but in many cases you can trace the buyer a lot easier.

In the case of XYZ and IO for example, you do have real companies using them. Very small market but they do exist.

I remember when a well known domain auction house was caught in bid rigging, I remember the fraud in other markets, I am always skeptical but believe in innocent until proven guilty.

 

[Alessandro Couteau]

Yes, but why is xyz great? If the only incentive is ROI then where is the actual value in the extension? What makes xyz different than top or net? It seems to me, that the only value is speculative and without all these 5 figures sales to comp there is little to no value left.

I and many others have told you the significance of the .extension - but you downplay it ^

I will say it again - .xyz is the only DNS domain .extension that is blockchain recognized, no other .extensions have this authority / except for ENS domain .extensions which cannot even be accessed from the world wide web unless you have a number of different plugins

 

[biggie]

Forget FB, I am not a fan of Zucker just like you ... please go and do your due diligence and look at the decentralized meta-verse like decentraland, sandbox, or the new meta verse Apple is working on ...

The meta is not tied to FB being the king of the metaverse and don’t let their domain choice tell you otherwise ...

Hi

to me ...it's all a rehashed attempt to centralize virtuality.

"decentralands" goal in the end, has to be to centralize the population into these virtual reality concepts.
to get the world to conform and then turn on the matrix.
but who is or will be, pulling the switches, apple, fb, musk, etc, etc. somebody will fight for control?

terms like sandbox, which in reality, is a closed environment, now become decentralized in virtual reality?
folks selling pics of apes for millions while the population of real apes on this planet is dwindling-
i don't get that.

sure, i may miss out on some opps there, but it's a reality choice to keep my distance and just buy and sell domains for now.

imo...

 

[Federer]

It's about investing in the relevant/most appropriate terms under the relevant nGTLD.
Even web3pay.xyz apparently sold for $10K a few days ago.

 

[alcy]

About 3 people telling us they are selling. No luck for everyone else.

yer generous cause there is only one person swetha making consistent 4 and 5fig sales.

 

[DNGear]

https://tldinvestors.com/2022/03/envy.html

I have envy.xyz too.
Thanks for your kind words Raymond.

 

[Henry Y]

Joy? Hmmmmm... That would work in .com but I hate to break it to you but it's not going to work in XYZ.

Sold for $25k.

https://www.namepros.com/threads/report-completed-domain-name-sales-here.83628/page-970#post-8568932

Congrats, @rumevic

 

[Bob Hawkes]

Just seen recent sales at SAV on DNJ. A lot of single word .xyz for low prices.
Why such discrepancies in sales prices at different venues?

I think it is because some of those sales are domainer acquisitions at Sav auctions, whereas Swetha (and other) sales to end users are at much higher prices, generally speaking (some exceptions). It is not distinctly different than seeing .com sales at retail channels vs prices at expired auctions.

 

[Jimmysun]

Because the CEO loves it and put a lot of efforts on it. Pricing&marketing strategies, colors, blockchain collaboration w/ eth&ens etc. it’s all about love

 

[rumevic]

Your "VIP" 3letter status on forum also means something I guess it was 2017 when you shared .xyz ideas, how to find and register(another domainer recently sent me a link to your post on NP)

 

[MadAboutDomains]

With your experiense(from 2004 on this forum?), I guess you can give advices here. I wasn't joking, I do not even get the "splash page" term from you. But anyway, thanks for suggestion. Back to .xyz...
Now I got it, it was a joke on your part.

Websites used to have a useless splash page that introduced a website. It's redundant now because it serves no purpose, people want the content of a website as early as possible.

But not "web3" websites, apparently:

https://optics.xyz/
https://campground.xyz
https://www.nomad.xyz/
https://primitive.xyz/
https://liveart.xyz/
https://flip.xyz/

 

[biggie]

I’ll give you an example say I wanted to sell whiskey in the metaverse and people pay my company at whiskey.xyz - tell me it’s not a valuable prospect ^ this could go for anything really

Hi

zucker just took 2ndlife and called it meta, trying to get away from stench of fb

it's a myspace thing over and over

imo...

 

[enterscope]

Why do people still have business cards? Literally a piece of paper with a number on it. Because sometimes things don't have to be all that complex to work.

I don't disagree with a lot of the points for xyz, I'm just old enough to know with most speculative endeavors only a select few get rich, many break even and most go broke.

 

[biggie]

Just seen recent sales at SAV on DNJ. A lot of single word .xyz for low prices.
Why such discrepancies in sales prices at different venues?

Hi

many of those .xyz names had premium renewal fee
ie: > ip.xyz is in auction, but has $2500 renewal cost

if, you got a prouduct/service that can eat that cost in a week, then it's a minimal expense
if, not.... then

imo...

 

[abstractdomainer]

A mix of demand , high priced alternatives and blind hype. Upland is using a .me domain surprised that didn’t spark a buying frenzy.

Someone big has to be involved and more players increasingly adopt the extension to have the domainer's interest which could lead to the vicious cycle as they call it.

Because the CEO loves it and put a lot of efforts on it. Pricing&marketing strategies, colors, blockchain collaboration w/ eth&ens etc. it’s all about love

That's surely a thing to consider. Let me read more about their CEO but thanks for pointing this out.

 

[enterscope]

Oh I didn't know this! But how come most of the reported sales are coming through Afternic sales BIN instead of a negotiation?
Do you mean someone is suggesting potential buyers to go ahead with a .XYZ for a XX,XXX?

Who in their right mind would BIN an XYZ domain for 5 figures?

Just checked Namebio, and nearly all the top sales are from:

Swetha.xyz and West.cn

I said Clearly in my original post, because it should have been obvious. My instinct was correct and this is the first time I've even looked into xyz sales.

 

[enterscope]

Elliot Silver paid $300 for an .xyz domain one year ago ^ and just sold it for $19K ... talk about an ROI

Yes, but why is xyz great? If the only incentive is ROI then where is the actual value in the extension? What makes xyz different than top or net? It seems to me, that the only value is speculative and without all these 5 figures sales to comp there is little to no value left.

 

[rumevic]

Only now I understood Swetha's updated logo on this forum Reading you guys, I too am thinking to
send my Joy . xyz domain to Sedo auction, but seemingly I cannot set a mid-5figure reserve under their policy. Meanwhile I de-listed it from every marketplace for now. It was listed as premium with SH, did not get much buyers' interest for two years frankly. More than three hundred "joy" extensions taken though. $two hundred twenty a year renewal, not too high to a right buyer/business in my opinion.

 

[rumevic]

With your experience(from 2004 on this forum?), I guess you can give advices here. I wasn't joking, I do not even get the "splash page" term from you. But anyway, thanks for suggestion.
Now I got it, it was a joke on your part.
Back to .xyz... I think I sold only one .xyz domain in past (euler . xyz for $299).

 

[ZION]

A new generation of new demand in niches that were never addicted in the COM era
XYZ is the breaking point for a new generation with new and diverse users from the worlds of crypto and blockchain and more ...
COM is no longer relevant to these users

And if you put the WEB3 thing into the equation
XYZ is the undisputed new player

 

[DeniseDahmer]

A mix of demand , high priced alternatives and blind hype. Upland is using a .me domain surprised that didn’t spark a buying frenzy.