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Last month, we sat down for tea and a long proper chat about the domain name investing climate with China's 'Domain Captain', Mr. Peibi Wang 王培陛, CEO of YMQ.cn, at his Beijing office.
This video is just a short (less than 5 minutes) excerpt from that 90 minute discussion. Arto asked a lot of questions, and our colleague Luke provided the interpretation.
There is no voice-over commentary or subtitles. It's easy to follow along and get some sense of how one of the of the most successful domain investors in China operates.
I was lucky to live and work in Ireland for five years, from 2008-2013. I spent three years in Dublin and then two years down in the seaside town of Dalkey, about 30 minutes from the city centre.
Dublin is lovely and all, but I encourage ICANN 54 attendees visiting Ireland for the first time to get out and experience the incredible natural beauty and hospitality that the rest of Ireland has to offer.
A fair amount of photos in this gallery were taken within a 25-35 minute drive or easy public DART commute from the Dublin city centre, in places like Dalkey where I lived. Also close by is Sandycove, Dun Loaghaire and Killiney.
You don't have to go far to enjoy wide open spaces and green countryside. The wild coastlines are a few hours away by train or car.
Click here to view just a few of the thousands of photos I took over those 5 years. Enjoy. -Pinky
All kinds of questions have been popping up on the China MIIT licensing process, most recently at the first ICANN GDD Summit held in L.A. earlier last month.
How long does it take? How much does it cost?
Who should I partner with? Do I need to setup a company in China? Who can I trust to do that kind of work? How much capital do I need?
Isn't this something that ICANN should handle? Can The DNA (The Domain Name Organization) or the Registry Stakeholder's group do something about all this?
The list goes on.
Well maybe some of these stakeholder groups can "do something,” but whatever is done in the name of "doing something" may not materially amount to much.
While it would be nice to streamline processes, and make it very clear as to exactly what will work and what won't work, I don't think anyone outside of China will be able to materially change policy and procedures in the short to medium term.
The MIIT licensing matter is just one issue.
OK, so you obtain the MIIT license. Then what? How do you effectively network, market and sell via the channel in China?
Should you be attending and/or sponsoring domain name conferences? Should you be spending money on “roadshow” trips to China? Is a lot of PR or parties really necessary?
How does the Chinese domain name market really work? Is there really a lot of cash sitting around that Chinese domainers are just dying to park with your premium names? Or is that hype?
What is going that is real and what is going on that is fake?
Is it as simple as flying over and throwing marketing cash and cheap create pricing at registrars?
How does one get introduced to the registrars that matter?
No more questions for now. Back next week with more thoughts on what happens next.
Hello there ICANN and industry friends,
I was lucky to live and work in Ireland for five years, from 2008-2013. I spent three years in the city centre and then two years a bit further out in the seaside town of Dalkey.
There's nothing like parking yourself with some good friends in a cozy Dublin pub, especially when it's cool, windy and maybe a bit rainy. Some will say that's more often than not in Ireland! I concur with fond memories! You can't go wrong bringing a waterproof windbreaker with you anytime you are out and about in Ireland!
So here's a few of my favorite city centre pubs. Get a proper pint of Guinness or some whiskey at any of these spots!
DUBLIN CITY CENTRE CLASSICS
These are not loud disco pubs or trendy. Just tried and true spots that have withstood the test of time.
TEMPLE BAR AREA
It is touristy, but still fun for many first-timers. Has more than its share of drunks floating around the alleyways on some nights.
We're starting up our China market consulting business at an interesting time in the history of the domain name industry.
As some others, we've been dealing with the new China MIIT regulations, and frankly we're not finished yet. We've had laser-like focus on this matter for quite some time---since last year. That's because all three of us co-founders are also involved with a separate company (TLD Registry Ltd.) that is the registry operator for two Chinese IDN new gTLDs----or "new domain extensions" as is sometimes evangelized to the general public.
China is TLD Registry's primary market, so there must be 100% certainty that we can market and sell to domestic Chinese organizations and individuals who want to register .在线 (Dot Chinese Online) or .中文网 (Dot Chinese Website) domain names in those TLDs via a domestic registrar, and be able to legally host websites within China associated with those TLDs.
We don't want any domestic China registrar to be wary of marketing and selling our TLDs for fear of penalties handed down by the authorities. We also need to ensure that any non-Chinese organization or individual can operate websites hosted in China behind the "Great Firewall" (e.g. famous western brands and services) utilizing our TLDs. We don’t want to be in violation of regulations and risk penalties, from any industry regulator or government.
All kinds of questions have been popping up on this MIIT matter, most recently at the first ICANN GDD Summit held in L.A. earlier this month.
In a future post I’ll address some of those questions and more. It’s important to know what kinds of questions to ask, and equally important to “know what you don’t know.”