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Originally Posted by brian1234 Just to clarify, I am not an IDN sceptic - far from it.
I am concerned, however, about the recent 'market'
in idn.com, where such names have (reportedly) been
selling for several thousand dollars a piece.
I am well aware of the income/traffic/opportunity as
it concerns idn.com names, and that is why I hold
mainly idn.idn, as I believe this will ultimately be the
domain of choice in countries that want (and need)
idn.
I am also well aware of the mindset of the typical
domainer, and have a very hard time in believing
THAT... in the absence of an established market
they would pay such prices for domains that are
absolutely unproven, generate little to no traffic
and cannot really be considered desirable even
from a purely speculative viewpoint. |
Well with the possible exception of China, there is no distinction between IDN.com and IDN.IDN. If you are speculating in the i-DNS versions rather than the Verisign version then I think you are taking a huge gamble. There is certainly no established market in those names, and frankly never likely to be.
As you say most domainers are very conservative and they are unlikely to accept anything that is not ICANN approved. ICANN are hardly likely to junk their main revenue source which is dot come in favour of some Wanabee extensions.
Speculation, by its very nature means moving way ahead of the pack and very often on sparse or very sketchy information. If you want a to be sold an investment with a track record and proof of earnings potential, then you just aren't a speculator. You may be an astute investor, but your profits are going to be limited to normal venture capital returns, i.e. 10 to 50% per annum. If you wish to become a millionaire overnight, then you have to go for a much higher level of return and hence uncertainty. The buyers in the secondary markets are paying thousands on the expectation of hundreds of thousands, if not more. They are generally fully aware of the risk, and often pretty cagey, but find the temptation of the potential rewards irrestistible.
The reasons for the lack of traffic are largely technical and in the process of being resolved. IDNers believe that very substantial traffic is imminent. You either speculate now or invest later. Both will bring substantial rewards, but the latter won't make you rich overnight.
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Originally Posted by plato1 20 or 30 extensions? What do you think they will be: Chinese Cities, Other Countries or what..... |
The Chinese have already created second level extensions for all the Provinces, which are about 26 in number. They have there own Government and Academic extensions as well as the non ICANN IDN.IDN. These will all have a role, but so will the established gTLDs.