There are so many things going on behind the scenes in domain investing. This is a billion dollar business and like all billion dollar businesses there are business moves being discussed that greatly effect the value of domains and the people that own them. One of those moves is the reasoning behind the recent uptick in volume in dot cc and great news for all that have invested in it.
I have several great sources that say that the renewal cost of Dot CC will drop to $8 per year from its current rate on May 1st. A rate that will essentially drop the holding cost by half . And will add $8 in value to domains because value usually takes in to account the cost of renewal.
As I’ve stated in the past I expect several other TLDs to do the same soon and there are a few that will be making announcements later in the spring or early summer based on some other meetings that I’ve heard about. I understand many people don’t like low renewal costs because it only promotes more speculation and domain holding. End users absolutely hate it. But domain registries love it. The model lately has proven that cut the registration in half and you sell more than twice as many domains. As a domain owner you can afford to be more patient and is a positive for domain investor. I don’t hold as many .cc as I used to but I’ve been adding more lately this year and will continue to add. The recent volume shows that investors already are.