Radix shares latest premium New gTLD domain name sales

Radix announced that it has made one-time premium name sales of more than $137K since August 2018.

These one-time sales were made through domain marketplace SEDO and via top registrar partners. Names that fetched maximum value were across .online, .space and .fun TLDs and included design.online for $57.5K; king.online for $17.25K, air.space for $17.5K; inner.space for $15K and have.fun for $11.5k. All of these were sold on domain marketplace Sedo.

Radix sells a majority of its premium domains through the tiered model, wherein registrars sell premium names at a smaller, recurring premium fee per year.

Radix also sold chefs.online through GoDaddy Domain Buy Service for $10K and wiz.host through Namecheap for $3K, while spb.tech and jvm.tech were sold for $3.5K & $3K respectively by the registry directly.

You can find these and many more New gTLD domain name sales at Sold.Domains.

Speaking about the premium sales performance of these TLDs, Sandeep Ramchandani, CEO, Radix, said,

It is encouraging to see the growing trend of aftermarket sales across our TLDs. In addition to our direct one time sales, the third-party sales on Sedo indicate that our domains deliver great value even in the after-market.

Elaborating on the usage of these sales, Sandeep Ramchandani further added,

Radix premium domains are being put to qualitative use by their buyers. While both, king.online and design.online, have been purchased by Australian furniture brand King Living; Inner.space has been purchased by a wellness organization that offers next-level meditations.

Radix’s primary premium names revenue comes from the tiered model of premium names, which has generated over $1.5M in premium revenue this year.

Radix, started in 2012, has over 2.5M domains under its management. Radix is part of the Directi Group. Radix has exclusive rights to 9 new internet domain extensions that include .ONLINE, .STORE, .TECH, .WEBSITE, .SPACE, .PRESS, .SITE, .HOST, and .FUN; as well as 1 re-purposed ccTLD, .PW.