Sale and purchase of new gTLD registries continue in 2017 as Donuts acquires '.irish'

The Internet Corporation for Assigned Names and Numbers (ICANN) launched the application process for new generic top-level domains (gTLDs) in January 2012. The new gTLD programme resulted in an unprecedented expansion of the Domain Name System from the existing 22 TLDs, such as ‘.com’ and ‘.org’, to currently over 1,200 gTLDs.

While a handful of new gTLDs appear to be showing reasonable growth of domain name registrations, the volume of domain name registrations across the new gTLD name space overall is less than impressive. As a result of this, some new gTLD registry operators are seeking to implement an exit strategy in order to cut their losses and to sell their gTLD registry. This has resulted in an emerging aftermarket for the purchase of new gTLD registries, which saw the sale of ‘.reise’ (which means ‘travel’ in German) and ‘.hiv’ in 2015.

Read more: Sale and purchase of new gTLD registries continue in 2017 as Donuts acquires '.irish'


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