It was reported today by the domainincite.com that the New gTLD domain name Net.Work was sold for $100,000.
The buyer was Bearingpoint IP Holding B.V. from bearingpoint.com.
It was sold by the .work registry that is Minds + Machines that also decided as part of the deal what the renewal fee would be.
Kevin Murphy said that the renewal price was not revealed but I asked around and the lowest I could find it was north of $5,000. The domain name was registered at Mark Monitor that is one of the most expensive registrars. So I wouldn’t be surprised if the renewal fee is more than $6,000 or even $7,000.
So in about 15 year the buyer will pay another $100k in renewals. Great deal for the registry. Not so sure about the buyer!
Sold.Domains has the Net.Work sale as the 9th 6-figure New gTLD domain name sale of all time. It is also the 6th 6-figure sale in 2015. So far there have been 6 $100k+ sales in the first half of 2015 while there were 3 in the whole 2014. First New gTLDs came out in January 2014.