I totally agree with Clément’s statement below. Also keep in mind that if they increase the price of these domains, they will start increasing the prices of all the other domains as well, it is only a matter of time. Domains are pure profit, it’s just a digital product being transferred online with little costs.
“ Although this TLD has not had the expected success, I find it abnormal
that a holder of such a domain name experiences an incomprehensible
increase.
The increase of this TLD, reserved for the commercial sector, risks
sending a bad signal to the business world.
Historical gTLDs benefit from a certain framework, which encourages
registrars to promote this type of extension. Deregulating these gTLDs
so that they become like ngTLDs will not benefit anyone except registry
managers for one or two years.
The outstanding results of.COM over other extensions, see Verisign
DNIB, is a weak signal that the community must accept and interpret.
The lack of a framework for gTLD pricing policies has led to some
disappointments, as evidenced by the reactions of registrars when
Uniregistry significantly increased its prices on its extensions.
Similarly, the « Dot Chinese Online » has increased its prices by 25
since 15 March 2019. The market is not ready for significant price
fluctuations on underutilized TLDs. The .BIZ, used by many companies
and individuals, is also not ready for such developments. An
entrepreneur who has registered his domain name cannot tomorrow see a
multiplication per cent of the selling price of his .BIZ.
While Europe is implementing a charter of good practices for online
platforms, the "Platform to business" project, it would be interesting
to develop such a policy for ICANN's gTLDs in order to frame tariff
increases in an assessment to be defined. “
Johnny Gyorke
The host of The Power Of Your Voice Podcast!
http://ThePowerOfYourVoice.com
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“The Power Of Your Voice is on Apple Podcast, Google Play, Spotify, Stitcher, TuneIn and YouTube”