Anyone have anymore info about this? Seems concerning that a registry has no restrictions on what they can do with pricing after an individual has invested into an expensive domain.
Anyone have anymore info about this? Seems concerning that a registry has no restrictions on what they can do with pricing after an individual has invested into an expensive domain.
"Registry Operator must have uniform pricing for renewals of domain name registrations (“Renewal Pricing”). For the purposes of determining Renewal Pricing, the price for each domain registration renewal must be identical to the price of all other domain name registration renewals in place at the time of such renewal, and such price must take into account universal application of any refunds, rebates, discounts, product tying or other programs in place at the time of renewal."
REGISTRY AGREEMENT - 2.10 (b)
https://newgtlds.icann.org/sites/default/files/agreements/ag...
But I suggest people read the whole article themselves, I have no industry expertise.
I've experienced weird price fluctuations with .io domain renewals in the past, but haven't owned one in a few years.
When I called to clarify with a few registrars, they said that this premium price ($280) is specified by the registry (Google), and that there's no guarantee that pricing will stay at $280. I used a hypothetical, and asked them if it were possible for Google to raise the price to something like $1000/yr or $10k/yr, and they confirmed that there is technically nothing stopping the registry from doing so.
It's unclear to me if premium-ness is a function of time, and/or if there's an objective formulaic criteria here.
I believe in the original .app launch thread on HN they stated that premium domain pricing was based on machine learning. So...who knows.