Minds + Machines

  • MMX sells 7,000 domains for $3.4 million

    … a zone file with more than 600,000 domains names in it. For some reason it has been hugely popular in China — the vast majority of its registrations have been through Chinese registrars and 59% of its overall revenue was from China in 2016. In April, the company sold 200,000 .vip names to a single Chinese investor for $1.3 million. MMX has also said that renewal rates for .vip, which only launched last year, have been over 75%. Tweet Tagged: .vip, china, Minds + Machines, mmx, premium …

    Kevin Murphy/ DomainIncite- 11 readers -
  • MMX billings double even as some volumes slide

    … a million names mainly because of the resonance of the string in China. The company said it intends to imitate its focus on .vip in 2016 by only launching two TLDs — .boston and one other — in 2017. MMX’s formal, audited 2016 financial results will be published in April. Tweet Tagged: .vip, china, earnings, Minds + Machines, mmx …

    Kevin Murphy/ DomainIncite- 19 readers -
  • Now MMX kills off premium renewals

    …. The reduced pricing will make the domains more attractive to domainers and end users alike, but I suspect the former will be more likely to exploit the new deal at first. It’s the second new gTLD registry, after Rightside, to announce such a move this month. Rightside said it was abolishing premium renewals on its expensive Platinum-level domains, though they will remain on more modestly priced premiums. Tweet Tagged: Minds + Machines, mmx, premiums, rightside …

    Kevin Murphy/ DomainIncite- 27 readers -
  • Hires and promotions Donuts, MMX and CentralNic

    … Stahura. Stahura is sticking around as executive chair. The company also appointed outsider John Pollard, a veteran of Micrsoft, Expedia and various other companies, to the new role of chief revenue officer. The company has cast the moves as a case of Donuts growing out of its startup phase. Across the pond, Minds + Machines — which now insists…

    Kevin Murphy/ DomainIncite- 26 readers -
  • .xyz, .club and .vip get the nod to sell in China

    … The Chinese government has granted licenses to operate in the country to its first tranche of new gTLDs — .vip, .club and .xyz. The agreements mean that Chinese registrars will be able to give their Chinese customers the ability to actually use their domains for web sites. It also means the companies will be obliged to censor domains…

    Kevin Murphy/ DomainIncite- 15 readers -
  • CIRA becomes first new gTLD back-end since 2012

    …-end market since 2012, in other words. The .kiwi contract was up for grabs due to the fact that Minds + Machines, its original supplier, decided to get out of the back-end business earlier this year. All of M+M’s own stable of gTLDs are being moved to Nominet right now, but customers such as Dot Kiwi were not obliged to follow. Chiswell said…

    Kevin Murphy/ DomainIncite- 19 readers -
  • M+M billings quadruple on China .vip surge

    … hit $5.5 million. That’s due to interest from Chinese domain investors, who were courted by M+M during a conference in Beijing. M+M will report its full interims on September 20. Tweet Tagged: earnings, Minds + Machines, mmx …

    Kevin Murphy/ DomainIncite- 10 readers -
  • China conference leads to 49% .vip spike

    … The Global Domain Industry Conference, held in China over the weekend, has led to a huge boost in .vip domain sales. Registry Minds + Machines told the markets this morning that the recently launched gTLD hit 404,892 as of 1600 UTC yesterday, up 49% from Friday. CEO Toby Hall confirmed to DI that China is very much behind the spike…

    Kevin Murphy/ DomainIncite- 14 readers -
  • M+M makes $3.2 million in five days from .vip

    … Minds + Machines has billed $3.2 million in .vip domain names sales after the first five days of operation, the company said this morning. It’s already managed to pay off the cost of acquiring the domain at the September 2014 auction, which was $3.1 million. Between 1600 UTC May 17, when .vip went to general availability, and the same time…

    Kevin Murphy/ DomainIncite- 14 readers -
  • SpamHaus now publishing better TLD abuse data

    … SpamHaus has updated its “10 Most Abused Top Level Domains” list to provide a much more useful insight into abuse levels. Rather than simply showing unexplained percentages of “badness” in each TLD, the spam-fighting organization’s daily report now exposes the hard numbers, in domain terms, underneath. For example, on today’s list Famous Four…

    Kevin Murphy/ DomainIncite- 12 readers -
  • Krueger’s suit against M+M dropped, for now

    … Former Minds + Machines chair Fred Krueger has dropped his lawsuit against the company, which concerned “missing” shares. M+M announced today that the two parties have signed a “tolling agreement”, which apparently leave the door open for Krueger to re-file the suit at a later date. If he does re-file, the company has agreed to the date…

    Kevin Murphy/ DomainIncite- 14 readers -
  • A third of mayoral candidates using .london domains

    … with a degree of control over the future of .london. While the registry is basically managed by Minds + Machines, the ICANN contract is held by London & Partners, a not-for-profit promotional agency funded by the mayor’s office. The mayor is also a partner in the endeavor. The M+M outsourcing contract was recently renegotiated in light of M+M’s financial woes, but details have not been made available. Tweet Tagged: .london, elections, mayor, Minds + Machines …

    Kevin Murphy/ DomainIncite- 12 readers -
  • M+M turns $22m profit into $10m loss

    … took over as CEO in February, replacing co-founder Anthony Van Couvering, and announced earlier this month that M+M is dumping its registrar and back-end registry businesses. Its registrar customers have been sold to Uniregistry, and it will outsource its registry back-end to Nominet, to save costs. Salazar said that the two deals will lead to $2…

    Kevin Murphy/ DomainIncite- 12 readers -
  • Nominet has sights set on .org after M+M deal

    … Nominet chief Russell Haworth is hopeful that its new outsourcing deal with Minds + Machines will help it win a much more lucrative back-end contract — .org. The company is among the 20-plus companies that have responded to Public Interest Registry’s request for proposals, as its back-end deal with Afilias comes to an end. Nominet is one…

    Kevin Murphy/ DomainIncite- 19 readers -