Home Namecheap

Namecheap

Namecheap CEO on Registry Price Increases

2

Namecheap CEO Richard Kirkendall has always spoken his mind freely. The other day, I replied to someone who asked about why domain registries raise their fees. I think it’s pretty clear that they raise their fees because they can and because the want to increase their revenue.

Richard’s response to this was better than mine:

Richard has a good point. Once a user is using a domain name, it can be very expensive, risky, and time consuming to switch domain names. Most won’t do it over the inconvenience of a renewal fee increase.

Namecheap Black Friday & Cyber Monday Domain Name Sales

7

In a press release I received yesterday morning, Namecheap announced its upcoming Black Friday and Cyber Monday sales. Of particular interest to domain investors are the sales on domain name registrations, including newly registered .com domain names.

Here are the domain name registration deals announced by Namecheap:

Namecheap CEO Previews Thunderbolt

5

Namecheap CEO Richard Kirkendall shared a preview of something his company currently has under development. It is called Thunderbolt, and you can visit Spaceship.com/thunderbolt to see what the company intends to bring to the market with Thunderbolt.

Richard shared a high-level vision for Thunderbolt, with the idea being the possibility of not needing an ISP or phone service:

Namecheap Market: New Bidders to Pre-fund Accounts with $100

1

Namecheap is taking an additional step to help prevent abuse in its Namecheap Market. New users who wish to bid on auctions in the Namecheap Market will be required to pre-fund their accounts with $100. This requirement is an effort to authenticate auction participants to combat auction fraud. Most current users won’t be impacted by this change.

Here’s what Namecheap shared with customers about this policy change:

Namecheap Makes 2 Changes to Auctions to Enhance Trust

In an email sent to customers this morning, Namecheap announced two changes to its domain name auction Marketplace. The Marketplace platform will assign user badges to illustrate the number of domain auctions bidders have won. The badge levels are Bronze, Silver, Gold, and Platinum. In addition, when an auction winner does not pay, it will be re-auctioned rather than offered to the runner up bidder.

The rationale for these changes is “[t]o make sure the Marketplace remains a trusted platform, and to ensure that each auction is conducted fairly.

Here’s the email I received from Namecheap explaining the changes that were made and why the changes were made:

Namecheap Shares Insight and Trend Report for 1st Half of 2023

1

This morning, Namecheap published its Domain Insights & Trends Report for the first half of 2023. It is a look at domain name trends and insights highlighted by the company, which is the second largest domain registrar in the world. Because of the size and reach of Namecheap, this report gives a good overview of the domain name market from the perspective of a large retail registrar.

Some of the topics in the report, highlighted in the accompanying press release, include the following:

Recent Posts

2024 Global Domain Report Released Today

0
The annual Global Domain Report, produced jointly by InterNetX and Sedo, has been released and is now available to download at no cost. The...

Grok Knows .com

5
Grok is a generative AI chatbot developed by Elon Musk's company, xAI. Grok has been promoted within the X / Twitter ecosystem, and X...

Dynadot Now Offering Cryptocurrency Payments

1
Dynadot just announced that it now offers customers the ability to make payments using cryptocurrency. The offering is made via Bitpay, which supports more...

Sedo to Host .AI Auction

0
.AI domain names have become a popular topic of late. Some of the most popular domain industry auctions these days are the monthly expiry...

Scaffolding Company Gets Industry Matching .com for Under $50k

0
Sedo’s Senior Broker Dave Evanson reported the sale of Scaffolding.com yesterday. The domain name sold for $46,666, and it was the largest domain name...