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April 23, 2013

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Early .PW Registrations Exceeding Expectations - Visa Gives .ME High Visibility - NAF Reports Drop in UDRP Cases 

When the .PW  Registry began taking orders for .PW registrations from the general public March 25, 2013, CEO Bhavin Turakhia was hoping the re-launched TLD could reach 100,000 registrations within a year. Looks like they will hit that mark well ahead of schedule. The .PW Registry reported today that 50,000 .PW domains have been registered in the three weeks since it became open to all. 

Officially, .PW is the country code for Palau

but, under a new marketing agreement with Directi's .PW Registry, it is now being offered globally and positioned to mean the "Professional Web" 

Turakhia, who is also CEO of  Radix Registry, a company that has applied to operate a number of new gTLDs, said, "Considering that no competing extension had come anywhere close to achieving 100,000 names in the first year, it was a goal that most considered ambitious. The feeling of achieving 50% of the goal within the first three weeks is surreal. The team put together and executed a brilliant marketing plan. We are eagerly looking forward to leveraging this experience for our new gTLDs”

Last November, credit card giant Visa announced a service designed to compete with PayPal that, in a boon to the .ME registry, was set up at V.me where Visa touts the service, saying, "Whether you're using a computer, tablet, or mobile phone, V.me by Visa makes online payment as easy as online shopping."

Of course, for V.me to take off, merchants have to accept it. I do a lot of shopping online but had never run across anyone accepting V.me until today when I received a daily deals email I get from Buy.com.  

At the top of the email was an option to "Sign up and use V.me at checkout to receive a great discount on these select items." The items, already on sale before the additional discount, ranged from cameras and watches to boomboxes and juicers. Though there was nothing I needed in this particular mailing it was a good promotional idea and if V.me continues to gain "shelf space" as a payment option at major retailers it will give the .ME TLD a tremendous boost in name recognition. There aren't many more powerful players than Visa to have in your corner.

One other note today, the National Arbitration Forum (NAF), one of the two services (Along with WIPO) that hear UDRP cases, reported that the  number of cases they handled in 2012 dropped slightly from the previous year, falling from 2,082 to 2,060.

While that appears to be a miniscule decline, it is more significant when you consider that over the same 12-month time frame, the number of registered domains jumped by well over 10%, without a corresponding increase in the number of UDRP filings at NAF. I would like to think that some high profile Reverse Domain Hijacking decisions was making people think twice before filing a UDRP without good cause, but there is no way to know for sure why filings have been treading water in recent months. 

(Posted April 23, 2013)


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