Verisign wants to auction off O.com for charity

domainking131

Forum Leader
Staff member
The internet could soon gets just its fourth active single-character .com domain name, after Verisign revealed plans to auction off o.com for charity.

The company has asked ICANN to allow it to release just one of the 23 remaining one-letter .com domains, which are currently reserved under the terms of the .com registry agreement.

It’s basically a proof of concept that would lead to this contractual restriction being lifted entirely.

O.com has been picked as the guinea pig, because of “long-standing interest” in the domain, according to Verisign.

Overstock.com, the $1.8 billion-a-year US retailer, is known to have huge interest in the name.

The company acquired o.co from .CO Internet for $350,000 during the ccTLD’s 2010 relaunch, then embarked upon a disastrous rebranding campaign that ended when the company estimated it was losing 61% of its type-in traffic to o.com.

Overstock has obsessed over its unobtainable prize for over a decade and would almost certainly be involved in any auction for the domain.

In fact, I wouldn’t be surprised to discover that Overstock pressured Verisign into requesting the release of o.com.

Despite the seven or eight figures that a single-letter .com domain could fetch, Verisign’s cut of the auction proceeds would be just $7.85, its base registry fee.

Regardless, it has a payment schedule in mind that would see the winning bidder continue to pay premium renewal fees for 25 years, eventually doubling the sale price.

The winner would pay their winning bid immediately and get a five-year registration, but then would have to pay 5% of that bid to renew the domain for years six through 25.

In other words, if the winning bid was $1 million, the annual renewal fee after the first five years would be $50,000 and the total amount paid would eventually be $2 million.

Source
 
Thread starter Similar threads Forum Replies Date
domainking131 Verisign wants you to know: You .COM is still waiting Non-Indian Domains 0
Prashant Sharan Here is the June report for top Verisign trending keywords Resources 0
Prashant Sharan Verisign now has a domain search ranking patent Registrars 0
Prashant Sharan Verisign has a IDN suggestion patent Registrars 0
Prashant Sharan Verisign, Public Interest Registry and Neustar will take down opioid domains for US govt Registrars 0
Prashant Sharan Verisign Quarterly Report: Global domain registrations grew by 15 Million last year Registrars 0
Prashant Sharan Verisign gets a patent for a new model for expired domains Registrars 0
Prashant Sharan Verisign's April's top trending keywords report Registrars 0
Prashant Sharan No Covid_19 effect : Verisign's Q1 operating margin at 66% Registrars 0
Prashant Sharan Verisign’s top trending keywords March report Resources 0
Prashant Sharan Verisign revokes the domain name restore fee! Registrars 0
Prashant Sharan ICANN gives a thumps up to Verisign for its price increase of dotComs Registrars 0
Prashant Sharan Breaking News!! : ICANN and Verisign agree to 7% price hikes for dotCom domains Registrars 0
Prashant Sharan Verisign now has a IDN homograph detection patent Registrars 0
Prashant Sharan Attention required!! : Verisign won’t increase .com prices this year Registrars 0
Prashant Sharan Is Verisign a safer stock bet amidst this coronavirus blood bath? Registrars 0
Prashant Sharan Tutorial: Tracking Verisign’s monthly top popular keywords using DomainScope API Resources 0
Prashant Sharan Verisign 2019 Q4 report: Internet grows to 362.3 million domains Registrars 0
Prashant Sharan Verisign doesn't like its customers Registrars 0
Prashant Sharan Verisign bids farewell to 2019 with $1.23 billion revenue Registrars 0
Prashant Sharan Reasons of concern with Verisign’s .com deal Registrars 0
Prashant Sharan ICANN and Verisign consent to spike in .com prices Registrars 0
Prashant Sharan Verisign faces challenges despite their ability to increase fees- A review by Morgan Linton Business and Economy 0
Prashant Sharan Verisign does not give a damn about domain investors Registrars 0
Prashant Sharan Verisign might get its billion-dollar .com pricing windfall Registrars 0
Prashant Sharan Revenue on throttle as Verisign adds 1.27 million domains Registrars 0
Prashant Sharan ICANN can grant Verisign its .com price increase Registrars 0
Prashant Sharan JPMorgan analyst Sterling Auty lowered his forecast for growth of the domain base at Verisign Non-Indian Domains 0
Prashant Sharan For Verisign, quarterly domain registrations jumped 4.4% Y-o-Y Registrars 0
Prashant Sharan Verisign now has domain backorder patent Legal Issues and Dispute 0
Prashant Sharan Q2 2019 revenues stand @ $306 M for VeriSign Registrars 0
Prashant Sharan Verisign takes down the domain VerisignNNS.com, which it says was about to be used in a cyber attack Legal Issues and Dispute 0
Prashant Sharan Verisign Q1 Report : Global Domain Registrations Increases By 18 Million Resources 0
Prashant Sharan Verisign has nearly 70% operating margin Registrars 0
Prashant Sharan U.S. Gov seeks help from Verisign and PIR to cut Opioid sales Registrars 0
Prashant Sharan Lawsuit claims Verisign shouldn’t have transferred domain name Legal Issues and Dispute 0
Prashant Sharan Verisign is looking for a Senior Registry Platform Manager Registrars 0
Prashant Sharan Verisign’s Annual Report: Can there be a price increase for .coms? Resources 0
Prashant Sharan Verisign in talks with ICANN for price increase Registrars 0
Prashant Sharan 2018 Verisign results : 9.5 million .com/.net registrations in Q4 Resources 0
C Possible price increase by Verisign for .com TLD, need to rally Business and Economy 0
owl Dot-com web addresses prices to swell, thanks to sweetheart deal between Uncle Sam, Verisign Non-Indian Domains 0
Prashant Sharan MUST READ: The VERISIGN Domain Report - ISSUE 3 – AUGUST 2018 Non-Indian Domains 0
JulienJ VeriSign’s domain base grew by 1.91 million names last quarter Non-Indian Domains 0
JulienJ Verisign asks ICANN to extend implementation of Thick WHOIS by one year Legal Issues and Dispute 0
JackD Latest Verisign Industry Brief The Lounge 1
JulienJ Verisign ended 2017 with 146.4 million .com and .net domains (up 2.9%) Non-Indian Domains 0
JulienJ Verisign processed 9.0 million new domain name registrations for .com and .net, as compared to 8.8 m The Lounge 0
JulienJ Verisign Q3 report shows a decrease of approximately 1.2 million domain name registrations, vs Q2 20 Non-Indian Domains 0
domainking131 Verisign Q3 report: 145.8 million .com & .net domain names (up 1.47 million) Non-Indian Domains 1
Similar threads


















































whois



Forums dedicated to Indian domain names, including buying, selling, appraising, developing, and monetizing.

About Us

Threads
26,358
Messages
73,212
Members
7,606
Latest member
adroitdomains
Top Bottom