Mason Cole wrote a post on the Donuts blog about Semantics, Affinity and that .com is meaningless. Of course Mr.Cole has a vested interest in .com becoming meaningless. It is probably also true that .com will still have value long after many new gtlds flame out.
I get being high on your product and believing in it, I really do, but to make these statements about .com just seem like a stretch, they smell of being forced. Week in and week out it is .com that dominates the sales charts, it is .com where the biggest and best businesses are built 9 out of 10 times. Now I know we are early in the new gtld ballgame and it would be foolish to expect a ton of sales, but some that were actually resold by a registrant not the registry, would be nice. The new gtlds have their place but one could also make an argument for too niche, too specific, that a business that wants to grow may be pigeon holed by too specific of an extension.
I did think Mason made credible points on semantics and affinity but for domain investors they also have to be concerned with liquidity and an active market. Of course Donuts has a different business model from domain investors, they can be very successful while registrants fail.
From the article:
COM has become diluted and meaningless. It adds nothing to an identity. Except perhaps to say, “I’m on the Internet somewhere.” .COM is “1999”—not “today,” and definitely not the future. New .COM registrations are extraordinarily long and much less meaningful when compared to a new registration in a new gTLD. And with its recent price decreases on new registrations (which apparently is necessary to match their low quality), .COM now means “low quality and cheap.”
.CITY, .COMPANY, .GALLERY, .FAMILY, .SHOES? And tons more to come…now those have meaning. Specificity. Affinity. They’re unique, fresh and expressive and not old and worn out.
Read the full article here