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registries Minds + Machines Registry Struggles With Only 63,000 Domains Over 13 New gTLDs

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Minds + Machines Group Limited provided an update on its portfolio of generic top-level domains and registrar operations ahead of the Company’s year-end financials.
The purpose of the update is to: provide shareholders with a better understanding of the Group’s existing portfolio of top level domains; identify which top level domains remain in contention and expected timings for their resolution; as well as to provide an overall view of the total number of registrations the Company is managing. Going forward, the Company will provide a quarterly update of total registrations across its portfolio of domains.
In total, 19 of the 34 uncontested domains in which the Group has a commercial interest have so far entered General Availability and have received 165,364 registrations as of 20 April 2015. Since 1 January 2015, the Company’s portfolio has achieved over 63,000 registrations.
Antony Van Couvering, CEO of Minds + Machines, commented:

We believe the Group is strongly positioned to compete in the remaining auction rounds. We are likewise encouraged by the Group’s ability to have grown its cash reserves since 31 December whilst completing 7 top-level domain launches during that period. Our focus is now on the successful commercialisation of those domains already launched and the phased launch programme for our remaining domains to maximise the penetration of each in their given markets.
Full Article: http://onlinedomain.com/2015/04/23/...es-with-only-63000-domains-over-13-new-gtlds/
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Well for starters, stop act like domainers. M&M is one of the worst out there for anyone speculating in new gTLD's.
 
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They need to just focus on .work and .casa, which are the two "winners" they operate thus far, in their developing portfolio.
 
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They need to just focus on .work and .casa, which are the two "winners" they operate thus far, in their developing portfolio.

Those two don't stand a chance no matter how hard they "focus".
 
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Those two don't stand a chance no matter how hard they "focus".

They just need a little bit of marketing, and that marketing has not even happened. Unlike .club and .xyz which have been marketed to oblivion. But these names are winners.

.work sets a new standard for fair pricing of ngtlds ($1.99 / year at most registrars with a renewal cost of yep.. only $1.99 per year). It's short, memorable, and makes sense.

.casa hasn't taken off.. yet, but for anything Latin or Spanish related, or even for fun, it is better than alternative domain names of .lat or .soy, etc.

These two are certainly better than the long strings that M&M owns.
 
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They just need a little bit of marketing, and that marketing has not even happened. Unlike .club and .xyz which have been marketed to oblivion. But these names are winners.

.work sets a new standard for fair pricing of ngtlds ($1.99 / year at most registrars with a renewal cost of yep.. only $1.99 per year). It's short, memorable, and makes sense.

.casa hasn't taken off.. yet, but for anything Latin or Spanish related, or even for fun, it is better than alternative domain names of .lat or .soy, etc.

These two are certainly better than the long strings that M&M owns.

Any money invested into advertising these will be equivalent to flushing it down the toilet. It will NEVER get you ROI. IMO..
 
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Any money invested into advertising these will be equivalent to flushing it down the toilet. It will NEVER get you ROI. IMO..

I agree. gTLD in general have limited natural demand, so you not only need to market your product you also need to create that demand. I doubt most registries would even come close to recouping their marketing expenses.

Brad
 
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If I were a shareholder then needless to say, I'd be less than impressed by these numbers. The .work and .casa extensions are horrible and I don't see those being "winners" at all, but that's just me. This is just another sign to me that all these new gTLDs aren't going to "blast off" like the registries were hoping. It's another reason I'm glad that I haven't invested in them!
 
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Good riddance to them should they fold. Sadly, if they're smart, they can still make a profit even with paltry registration numbers. Most registries clamoring for these new gTLDs knew this well in advance, and they're prepared to make a profit on a few thousand registrations here and there. Who supports them and enables them to succeed? Domainers, that's who. You enable them to succeed. The end-users don't even know about these ridiculous extensions.

You can make them. You can break them. Try breaking a few. The others will become more valuable.
 
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I don't think we should be rooting for M&M's failure. I mean, as far as I can tell they seem to be a pretty good registry.

- They don't do spam tactics for marketing new extensions.
- They have only a small number of "premium priced" domain names compared to Donuts, etc.
- The prices they set for .WORK and .CASA are fair, even for renewals.

I mean, I think they've basically done everything right, except for the fact that they have not put any money into marketing. I strongly advise them to spend a little money on marketing to make money. They should be taking notes from the success of .CLUB.
 
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I don't think we should be rooting for M&M's failure. I mean, as far as I can tell they seem to be a pretty good registry. They don't do spam tactics for marketing new extensions. They have a small number of premium domain names compared to Donuts, and others. The prices they set for .WORK and .CASA are fair even for renewals. I mean, I think they've basically done everything right.. except they have not put money yet into MARKETING .WORK and .CASA. I hope they will in the near future. Because you're right these new registries need to learn how to market the new extensions. This is important and they should be taking notes from how .CLUB has successfully marketed.

M&M have done a lot of bad stuff for domain name investors. So bad that I avoid them. However few if none are discussed on NP for obvious reasons.
 
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@brandnow
For $0.99 + $0.18 (Icann Fee) =$1.17 you can register a "Brand-Able" .Com and get 25% ROI here on Namepros within 72 hours.

Are you able to do the same with .Work or .Casa????
 
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@brandnow
For $0.99 + $0.18 (Icann Fee) =$1.17 you can register a "Brand-Able" .Com and get 25% ROI here on Namepros within 72 hours.

Are you able to do the same with .Work or .Casa????

I'm with you 100% on this.

A brandable .COM is better than a brandable .WORK.

However, if you were one of the first people who got in early on .WORK back in February, then you will be very happy. Now there are something like 22,000 .WORK registrations, so obviously there are not as many 'perfect' names available. I can honestly say that I have about 50 'awesome' .WORK names. Three of which I will be developing very soon. Because the names make sense and they sound great! (don't want to reveal the names just yet)

I do not think for a second that .WORK > .COM. But to be clear I do feel like .WORK is one of the better NGTLDs out there. The pricing is also right at only $1.99 / a year forever. Comparing the price aspect to .COM. I am conservative with my money, and I would much rather pay $1.99 / yr for .WORK forever than to pay .99 cents for the FIRST YEAR .COM and then transfer the domain to NameSilo for $7.99 / yr (which is what I would normally do with .COM) if it's a keeper.
 
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M&M have done a lot of bad stuff for domain name investors. So bad that I avoid them. However few if none are discussed on NP for obvious reasons.

hmmm.. I'm curious to know. I guess I need to Google it. Honestly I don't know anything about M&M (the company) other than the NGTLDs they've released this year. Maybe some bad things happened before?
 
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hmmm.. I'm curious to know. I guess I need to Google it. Honestly I don't know anything about M&M (the company) other than the NGTLDs they've released this year. Maybe some bad things happened before?

You are a member of the other forum where the discussion about new gTLD's are on another level than here, a lot of bad stuff about M&M have been shared there. M&M actually stand out as one of the worst out there.
 
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You are a member of the other forum where the discussion about new gTLD's are on another level than here, a lot of bad stuff about M&M have been shared there. M&M actually stand out as one of the worst out there.

Oh yeah!! Definitely the "golive" of .work was a freaking mess! I still feel like I should have gotten good.work but due to the glitch, it was a mess.

But honestly, I've seen even worse launches since then, even with .space. Where all of my pre-reg's were sent to auction. That was extremely annoying. It also took several weeks before the auctions even started. I was so upset at Radix that I didn't even bid on any of the auctions. Now I'm glad that I didn't because I feel like .space is a loser. I wouldn't pay more than .99 for a quality .space name. Just my 2c.
 
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Oh yeah!! Definitely the "golive" of .work was a freaking mess! I still feel like I should have gotten good.work but due to the glitch, it was a mess.

But honestly, I've seen even worse launches since then, even with .space. Where all of my pre-reg's were sent to auction. That was extremely annoying. It also took several weeks before the auctions even started. I was so upset at Radix that I didn't even bid on any of the auctions. Now I'm glad that I didn't because I feel like .space is a loser. I wouldn't pay more than .99 for a quality .space name. Just my 2c.

Yeah that's just one of many things. Check out the case of indian.cooking :(
 
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