[Editor’s note: this is a guest post by Francesco Cetraro, Head of Registry Operations for .Cloud.]
Last week I had the honour of being invited to speak at the first edition of DomainersMeet in Dubai. The main focus of the event was to drive awareness in the Gulf/Middle-East region about the opportunities related to investing in domain names, and the organizers managed to bring to Dubai a number of well-known domain industry experts, filling the agenda with a broad spectrum of information and opinions on the subject.
Not being a domainer myself, at first I had my doubts as to whether this event would be a good fit for me, but in the end I am very happy I went. Preparing my talk about “A day in the life of a Registry” gave me a great opportunity to reflect about the work that new TLD Registry Operators have to do to promote their extension and the role that domain investors can play in actively supporting the development of the industry.
Domain investors often like to compare domain names to virtual real estate: getting your hands on a great domain name is the virtual equivalent of acquring a luxury condo in the center of a bustling city like Dubai, an investment that is very likely to keep growing in value and bring back a very solid return when sold on.
The obvious reason for that is the fact that Dubai is a major hub and a place that has been successful in attracting a growing number of businesses and people that want to operate and live there.
But just a few decades ago the same location looked very different and not particularly attractive.
When we see what cities like Dubai are today, we often forget that it did not all appear overnight as a result of a simple stroke on a magical lantern. It took time and a lot of investment, vision and effort from the local rulers to make a small village in the desert into the city of lights we see today. Click here to continue reading…