Joseph Peterson returns to write about NameJet. The Chinese market implosion and new expired domain deals have changed the face of NameJet since he last wrote.
I stopped writing articles about domains at NameJet for DNW about 4 years ago. “My how time flies!” would be one reaction. But some things never change. Or do they? How has the domain market changed?
Rewind to January 2016, and we were looking at a record-breaking month for NameJet – technically a recap of December 2015. Indeed, 2015 set and broke new records almost every month, as sale prices soared and transaction volume ballooned. Chiefly this sudden growth occurred within a few categories of short domains prized by China, which were traded eagerly by speculators worldwide. It was the year of the Chinese surge, as the graybeards will remember. Prices were only going up, would always go up. And if that market sector has deflated somewhat since, well, that may explain some of the gray beards.
Now we’re reviewing sales from December 2019. What changes can we observe? Let me reproduce this data from exactly 4 years ago: Click here to continue reading…