GoDaddy Adjusts Afternic Fee Policy: Fees for Sales Involving Non-Web Domains Increased to 25 Percent

Industry Information 24 Jul 2024 11:46:14 AM By:DN editor
Abstract:

Recently, with GoDaddy's restructuring following its acquisitions of Uniregistry and Dan.com, the company made significant changes to the fee policy of its domain trading platform, Afternic. Under the new policy, if a domain name is sold

Recently, with GoDaddy's restructuring following its acquisitions of Uniregistry and Dan.com, the company made significant changes to the fee policy of its domain trading platform, Afternic. Under the new policy, if a domain name is sold on Afternic without using approved name servers, the sales fee will be as high as 25%, which has sparked a lot of concern and discussion in the industry.

Initially, GoDaddy increased Afternic sales commissions from 10 percent to 15 percent and kept the rate at 15 percent after acquiring Dan.com. The company said that these adjustments were aimed at standardizing and optimizing the fees for its various services in order to enhance service quality and market competitiveness.

GoDaddy Adjusts Afternic Fee Policy: Fees for Sales Involving Non-Web Domains Increased to 25 Percent

However, some domain name investors have expressed concerns and dissatisfaction over this high 25% sales fee. They believe that this policy may limit their ability to compete freely on the Afternic platform, especially for those investors who are used to using their own landing pages to direct traffic and handle potential customers.

For domain investors using GoDaddy's standard DNS servers, they have the option of tweaking their A records to make their domains point to their own landing pages and trade on Afternic at a 15% rate. However, these options are limited to the use of approved nameservers such as afternic.com, smartname.com, Dan.com, undeveloped.com and cashparking.com.

For participants in the domain name market, this realignment highlights the challenge of balancing supply and demand with the cost of service amidst emerging technologies and market dynamics. All parties would like to see more transparent and fair fee policies to promote the health of the domain name market and increased investor trust.

.AM domain name is officially on the blockchain, and Armenia joins the Web3 domain name camp

.AM domain name is officially on the blockchain, and Armenia joins the Web3 domain name camp

Following Samoa’s .WS, Armenia’s national domain name .AM also completed on-chain mirroring, becoming the world’s second ccTLD to achieve Web2-Web3 integration.

Industry Information 18 Apr 2025 04:46:09 PM

OpenAI plans to acquire Windsurf for $3 billion, and domain name becomes a key bargaining chip

OpenAI plans to acquire Windsurf for $3 billion, and domain name becomes a key bargaining chip

OpenAI is at it again. According to Bloomberg, the AI ​​giant is in talks to acquire AI programming startup Windsurf for about $3 billion. Less than a year ago, the company was valued at $1.25 billion.

Industry Information 17 Apr 2025 02:15:21 PM

Google will gradually stop using country code domain names and redirect them to Google.com

Google will gradually stop using country code domain names and redirect them to Google.com

Google recently announced that it will gradually stop using local Google websites in the form of country code top-level domains (ccTLDs) around the world and redirect them to google.com. This change will take effect in the next few months.

Industry Information 16 Apr 2025 10:56:08 AM

Weaverobotics.com sold for 100,000 euros, and its high-quality meaning boosted its high price

Weaverobotics.com sold for 100,000 euros, and its high-quality meaning boosted its high price

Recently, the domain name Weaverobotics.com was sold at a high price of 100,000 euros (about 113,292 US dollars), attracting widespread attention in the domain name circle.

Industry Information 16 Apr 2025 10:37:49 AM

Web3 Domain Names: New Investment Opportunities Brought by Blockchain Technology

Web3 Domain Names: New Investment Opportunities Brought by Blockchain Technology

Unlike traditional domain names that are managed by centralized organizations, Web3 domain names use decentralized blockchain technology, making them more secure and difficult to tamper with.

Industry Information 15 Apr 2025 03:57:02 PM

AI startup uses Pickle.com to upgrade its brand domain

AI startup uses Pickle.com to upgrade its brand domain

Recently, Pickle, a startup company focusing on artificial intelligence video generation technology, announced the completion of its brand upgrade and officially launched the domain name Pickle.com.

Industry Information 15 Apr 2025 10:58:31 AM

GoDaddy Adjusts Afternic Fee Policy: Fees for Sales Involving Non-Web Domains Increased to 25 Percent