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Domain Name Outlook 2024 - DNJournal Talks to DN.com CEO JACK
Industry Information
27 Jan 2024 05:12:10 PM
Abstract:
Jack is the name recently adopted by Yue Dai after extending his interests to the entire Western world. He is one of China's most successful domain investors/developers, renowned for his 2-letter .com domain combinations,
DNJournal's annual domain industry interview conference proceeded as scheduled, with the first edition taking place on New Year's Day in 2003 and the 20th annual industry status story launched on New Year's Day in 2024. For this cover story, DN.com's CEO JACK was honored to be invited.
The platform brought together successful domain buyers, sellers, brokers, and developers, along with top executives representing registry management organizations, registrars, aftermarket sales platforms, and various innovative service providers. A total of 36 individuals participated.
Jack Dai, Co-founder of DN.com
Jack, also known as Jie Dai after expanding his interests to the Western world, is one of China's most successful domain investors/developers. He is renowned for his 2-letter .com domain combinations, some of the most valuable assets in our field. Jack has become a regular attendee at conferences worldwide, and as those who have met him can attest, he is one of the most gracious individuals in the industry.
Excerpts from JACK's Interview:
"I am delighted to participate in the interview with DNJournal, one of the most renowned domain platforms globally. Thanks to DNJournal for its continuous contributions to the global domain industry. My name is Jack, and I'm from China. I have been involved in the domain investment industry for over 20 years.
According to DNJournal's published Top 20 domain transactions for the year 2023, eight of them were short domains of three characters or less. Short domain transactions were highly active, with relatively high prices, and there were also transactions for single-word domains with multiple characters. I believe short domains and text domains belong to the trends of the 2023 domain market, and this trend will continue in the coming years.
Secondly, in 2023, the launch of ChatGPT reignited the craze for AI. Now, AI has become the hottest track in the technology field, and the capital market is very optimistic about the AI sector. Investments in the AI field are massive, leading to the growth of AI-related domain transactions. In 2023, I strategically acquired several AI-related domains, such as Y.ai and Robot.ai. I believe the best way to face this trend is to directly participate and invest in domains related to the field.
With the global economic recovery, in 2024, I believe short domains, text domains, and AI-related domains will continue to be trends. We are also pleased to see that just as the new year begins, short domains like dx.com and eze.com have announced successful transactions. These cases will further strengthen my view on the short domain market.
With a vast number of high-quality domain assets domestically and strong purchasing power for domains, dn.com will also become a bridge between China and the global domain trading market. On dn.com, there are over 20 two-letter .com domains, over 100 three-letter .com domains, and many other domains for sale. Dn.com has already started to become a destination for premium domains."
(Note: Some details in the translation may be subject to verification, and the interpretation retains the essence of the original content.)
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