.XYZ and .HOSTING In Top 10 Reported Domain Sales From Last Week

I’ve said it before and I’ll say it again – change is coming to the domain industry. Call it a fad, call it a bubble, but I think the reality is new gTLDs will be taking a bigger and bigger chunk of the domain sales board. I’m fairly certain this is the first week in history that a .XYZ and .HOSTING domain made the top ten with 88.xyz ringing in at #5 for the week at $70,000 (source – DNJournal).

88-xyz

Web.hosting which is without a doubt one of the best .hosting names out there sold for $52,500. Considering that Web.tv sold for $45,000 this is a pretty impressive sale and I think shows that we’re still just seeing the early signs of what’s to come.

Now just to be clear because whenever I talk about good things happening in the new gTLD space people always ask me if I’m telling them to abandon .COM and head for the hills. Don’t do that. I still think .COM is where most investors should be putting their money, period, and I don’t see that changing in the near-future. That being said, I do think that new gTLDs have a bright future and making some investments in this space, while definitely risky, makes sense to me.

Whether you put 5% of your portfolio or 25% of your portfolio into new gTLDs is up to you, I’d error on the conservative side. Still, I think if 0% of your portfolio is invested in new gTLDs you’ll likely look back ten years from now at the boat you watched sail away.

Today history was made, and this is just the beginning.

{ 10 comments… add one }

  • John February 3, 2016, 9:59 pm

    Morgan-great post.We own Vehicles.xyz just so we have somehing in that extension because you just never know. Also-please correct me if i missed it-but have you done any work on pinyin names for the Chinese market? We own ZudeChe.com (rental car) among others and didnt know if you are also looking at these types of names. Thank you!

    • Morgan February 3, 2016, 11:28 pm

      @John – thanks, appreciate the positive feedback! I don’t have any experience with pinyin names but thanks for asking! 🙂

  • Martin February 3, 2016, 10:13 pm

    Fools and their money are easily parted.

  • michael February 4, 2016, 12:53 am

    The only way you will make a small fortune from new tlds is start with a very large fortune first. All smoke and mirrors the old pot of gold at the end of the rainbow still being sold to others today in the form of new tlds.

  • Alan Dodd February 4, 2016, 3:38 am

    Yes, there are a few, esp .xyz where the carrying costs are “normal”, I got an offer on blast.xyz last week. Should of taken it 🙂

  • Prettyboy Glenn February 4, 2016, 4:00 am

    My ” boats ” are very safe in the port named ” dot XYZ ” !!!

    My 5 “dotXYZ – boats”are;

    – 8y8.xyz. ( only 26 of this combination; 8a8 – 8z8.xyz )
    – smartenergy.xyz
    – golfshoes.xyz
    – chinahotels.xyz
    – heshouwu.xyz ( a popular chinese tonic herb )

  • Chelsea February 4, 2016, 6:40 am

    I just could not DISAGREE more with the logic you’re seeking to advance here.

    Don’t drink the Kool Aid. For starters, you’ve cited two extra-ordinary names — “Web.Hosting” and “88.xyz” — and their corresponding sale prices, as compelling evidence that the proverbial winds of change are now upon us: “…[it] shows that we’re still just seeing the early signs of what’s to come”…”I think the reality is new gTLDs will be taking a bigger and bigger chunk of the domain sales board.”

    Really? Seriously?! The fact that a couple of chumps plunked down mid 5-figure sums for arguably two of the best names ever conceived in the new gltd space, proves that there are still emotionally-driven, poorly-informed chumps with deep pockets out there, somewhere. Nothing more. This isn’t a “trend”; it’s an aberration — right on par with the countless other head-spinning aberrations we’ve all witnessed many times throughout the history of the domain industry. An isolated freak occurrence does not a (measurable) “trend” make …or a “fad” …or a “bubble” …or whatever other colorful tagline you want to assign to it.

    These silly “tabloid-worthy” events will do nothing to dilute the trajectory of .COM.

    • Morgan February 4, 2016, 11:55 am

      @Chelsea – thanks for sharing your opinion, I always love to hear different viewpoints! I definitely don’t think this will NOT dilute the trajectory of .COM, like I said my focus is investing in .COM, however I’m not opposed to taking calculated risks…

  • Tom S February 4, 2016, 2:17 pm

    Morgan,
    I agree that some of the new GTLD’s are worth investing in. I bought a few .xyz’s and a couple “city”.condos and “city”.rentals which would make sense for development. I will shamelessly plug my xyz’s. I bought:
    basejumping.xyz
    biking.xyz
    boating.xyz
    bungeejumping.xyz
    camping.xyz
    cycling.xyz
    droning.xyz
    flying.xyz
    hunting.xyz
    mountainbiking.xyz
    mountainclimbing.xyz
    rafting.xyz
    skiing.xyz
    skydiving.xyz
    snowboarding.xyz
    snowmobiling.xyz
    surfing.xyz
    wakeboarding.xyz
    Me thinks some of these would appeal to gen xyz(ers)

    • Morgan February 4, 2016, 6:52 pm

      Right on, congrats @Tom!