Q1 2020 numbers are in for Radix, here’s some data that caught my eye

Radix, the registry operator of domain name extensions like .TECH, .ONLINE, .STORE and many more just shared their Q1 2020 data, and it’s safe to say they’ve had a pretty solid year so far.

I went through all the data and thought it would be interesting to share some data that caught my eye. First, let’s talk numbers, Radix did close to $2M in premium sales revenue in the first half of 2020 led by .TECH. Here’s a quick look at the top five TLDs by sales numbers:

As for the average sales price of premium names, here’s a good overview of what people are paying:

Radix domains sold by tier

$250 was the most popular price tier followed by $500 and $1,000. It was also interesting to see a bump at the $5k mark. I recently wrote an article about how below $5k is where the action is today in the domain name world and it definitely matches what Radix is seeing here with premium sales.

One metric I always like to look at with new domain extensions is how many people who bought a name end up renewing it, Radix is seeing 78% of people renewing domains for a second time which is definitely encouraging.

Some notable sales that Radix saw the first half of this year are:

  • sp.tech – $22,000
  • history.press – $13,549
  • collective.space – $8,000
  • hex.tech – $7,500

Congrats to Radix on a great year so far, looking forward to seeing how the second half goes!

{ 1 comment… add one }

  • Matt September 9, 2020, 8:10 pm

    I started to get the bug for new Gs and picked up a few in auction recently. Definitely staying away from high renewals but have put some dollars behind some that are quite catchy.

    It’s where the excitement is at right now.

    Reply

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