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December 05, 2016

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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.

Christmas Comes Early for .CLUB, .VIP & .XYZ as First Western New gTLDs Given Full Access to China

It's a happy day for the operators of the .CLUB, .VIP & .XYZ New gTLD registries. After months of steady spadework they have become the first three new gTLD operators to be given an approval from China's Ministry of Industry and Information Technology (MIIT) that will allow that nation's citizens to use local hosts to utilize or build websites on their extensions. 

Prior to now, the registries could sell their domains in China but registrants were limited in what they could do with them. The MIIT clearances should provide a nice business boost to three new gTLDs that already rank

Image from Bigstock

among the ten most popular ones (in terms of registrations) among the hundreds that have been launched over the past two years.  

Daniel Negari
.XYZ Founder & CEO

.XYZ, who has the most new gTLD registration at more than 6.6 million, will be able to expand their presence in a market that has already accounted for more than a third of their registrations. He Xiaojiang, CEO of registrar Chengdu West Dimension Digital Technology Co, LTD. said, "With the abundance of .xyz websites we will be seeing in China in the near future, we expect our daily .xyz registration volume to grow by a factor of 10, while aftermarket activity and auction sale prices rise dramatically in the coming months.

Under the guidance of Founder and CEO Daniel Negari .XYZ prepared for an expected increase in popularity by implementing its first phase of expansion in the region earlier this year when it opened an  office in Beijing. In November Negari went there to meet with Chinese registrar partners and also  gave a keynote speech at World Hosting Days. Mason Zhang, XYZ’s Business Development Director in China, will lead the company’s continuing expansion efforts there in 2017.

CEO Toby Hall
Minds + Machines (.VIP)

.VIP, a TLD that is operated by the Minds + Machines Group (MMX), owes an even bigger share of its success to China with over 90% of their more than 530,000 registration coming from China according to ntldstats.com (that ranks 9th among all new gTLDs). 

M+M CEO Toby Hall said, “MIIT approval is a major milestone for MMX and the continued successful development of our dot VIP domain. We share the China domain industry’s opinion that regulatory approval will provide for another wave of top-level domain growth in the region. Influential Chinese registrars will now be able to market this select group of approved new gTLDs more actively to the important local Chinese SME end-market for usage. We are deeply honored to be one of only three registries to be approved in this first round of approvals.”

Dr. Mao Wei, Board Chairman of ZDNS, MMX’s technical partner in China,  added this about .VIP,  "We believe it has the potential to become one of the most popular, significant top-level domains in China."

.CLUB Is the 5th largest new gTLD with over 880,000 registrations and more than 50% of  those have been made in China.  Registry Founder and CEO Colin Campbell (who is profiled in the current DNJournal Cover Story) said this about getting the coveted MIIT approval, "The Chinese market is extremely important to us, and we’ve worked very hard at understanding how the regulatory system there works and how we can work with the government as it evolves."

"We’re very proud to be among the first foreign domain name registries approved. While we’ve already enjoyed some success in China, we now look forward to expanding the reach and popularity of .CLUB to the many businesses and entrepreneurs developing their online presence in China. Being an approved registry opens the door to great expansion for us in the Chinese market.”

Colin Campbell
.CLUB Founder & CEO

(Posted December 5, 2016)  

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