.PW sold 50,000 domains in three weeks

When the .PW Registry began taking orders for .PW registrations from the general public March 25, 2013, was hoping 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.


http://www.thedomains.com/2013/04/23/pw-gets-over-50000-registration-in-just-3-weeks/

http://dnjournal.com/lowdown.htm

Isn't it a gTLD? Professional Web meant for businesses. Hmm might have a little competition from .com.

.pw could reach a remarkable number because of a cheap sales price of less than $5.


For many companies it’s much better to buy companyname.pw than spending a high amount for companyname.com.


But .tel is much more successful in comparison to .pw.

NewYorkCity wrote:.pw could reach a remarkable number because of a cheap sales price of less than $5.
For many companies it’s much better to buy companyname.pw than spending a high amount for companyname.com.

For me it is right!

People should start using all existing extensions (usually little cost and the possibility of registering the desired words), instead of chasing after the .coms ( with all the useful terms already taken and expensive to buy).

The current situation and trade in the .coms reminds me the bubble of the Dutch Tulip mania of the 17th century: the first speculative economic bubble.

http://en.wikipedia.org/wiki/Tulip_mania