New gTLD dot XYZ domain name registration numbers are
hemorrhaging--registrations on June 3, 2015, were 940,585 and as of June
23, 2015, are 825,650--a (net) drop of 114,935 or a
net loss in registrations
of over 12% (source:
namestat.org/xyz).
Easy come, easy go?
It is unknown, but probable, that [
UPDATE] many of those registrations were given away for free by domain name registrar
Network Solutions last year--reportedly
300,000+ registrations. [note: Andy Brier of namestat.org sent me
the link to his blog where his analysis indicates a less than 6% retention rate for XYZ domains at Network Solutions--interesting reading!]
Earlier today,
Domain Mondo posted the news that the stock of the corporate parent of Network Solutions,
Web.com, received a downgrade by Citigroup this morning.
NASDAQ: WWWW
See also: Domain Name Registrar Network Solutions Settles FTC Charges:
"... Network Solutions LLC has agreed to settle Federal Trade Commission charges that it misled consumers who bought its web hosting services by promising a full refund if they canceled within 30 days. In reality, the company withheld substantial cancellation fees from most refunds..."
Caveat Emptor!
