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6900 new registrations

silvano
silvano
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.tel domain : albenga.tel
Number of .tel domains : 6
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Post by silvano on 2019-02-02, 7:58 am

I'm curious. There is a thing I do not understand.

In December, in a few days, over 6900 .tel domains were registered by Chinese entities.

They are domains of 5/6 random letters without meaning.

These bulk registrations are normally seen for domains sold at 0.50 / 1.00 $ for the first year and are not renewed after the first year when the price becomes full. They are domains bought by speculators, spammers and phishers.

By calculating a minimum price per domain of $ 9, it was an expense of more than $ 62,000.

What does it mean?


Example of some domains:

gacgyy.tel
gaoeaw.tel
gauqkw.tel
gawmie.tel
gcaeia.tel
gcegsa.tel
gcqesq.tel
gcseou.tel
gcueci.tel
gewmwe.tel
Expert
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Post by Expert on 2019-02-02, 10:04 am

Some of those domains are redirected to guoxn.cn.

Here some information about the background:
A lot of people in China have become millionaires in recent years.
These people are searching desperately for investment opportunities.
A lot of them invest their money in cryptocurrencies and domains.
They buy every possible letter combination of domains from an extension they believe it could become a big success in the future.
After some time (mostly after one year), they realize their mistake and drop the domains they have bought before.
This is not only happening to .tel, but also to a lot of other new domain extensions.

Please keep in mind:
These people have tons of money; they just play a little bit with it!
silvano
silvano
Senior Member
Senior Member

.tel domain : albenga.tel
Number of .tel domains : 6
Location : Albenga - Italy
Gender : Male
Join date : 2012-08-08
Posts : 302 Points : 9803
Reputation : 200
Warning level : 100 %

6900 new registrations Empty Re: 6900 new registrations

Post by silvano on 2019-02-03, 8:07 am

Expert wrote:Some of those domains are redirected to guoxn.cn.
... 

Thank you for your exhaustive answer.

I understand that there are people ready to spend buying bulk domains of new extensions at low prices, but that there were people ready to spend a lot in an old extension like .tel is new to me.
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Post by Expert on 2019-02-03, 3:55 pm

silvano wrote:... that there were people ready to spend a lot in an old extension like .tel is new to me.

I‘m very sure that the mentioned .tel domains will be dropped 12 months after registration.

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    Current date/time is 2019-06-20, 9:06 am