Honestly, There Is No Chance New Domain Extensions Will Fail Anytime Soon
Some people say that the new domain extensions will fail with some even declaring that they have already failed. However, the truth of the matter is that chances of new domain extensions failing are close to zero since a large number of people are still investing in them including .com domain extensions, which still holds a lot of growing value. New extensions like .club, .shop, and .xyz clearly show something is happening in growing value.
The main challenge is that domain investors playing short games tend to lose with new domain extensions since they do not currently carry the same liquidity as .com. The issue here is realism. When .com initially launched, people did not think of the internet as something that would take off. They still bought and sold things in stores even if online purchasing and selling was considered a cutting edge.
When the internet took off, so did .com which was found to be superb by most people who decided to invest in domains instead of real estate and the stock market. That said, we should not let speculations on the failing of domain extensions cloud our future vision. While change is a certain possibility, there is no reason why huge .com investors like Frank Schilling would decide to place dollars into new TLDs. It is not due to the failing of .com or its slow decline, but simply because they know the world is becoming a global village, thanks to the internet. Therefore, new domain extensions are becoming real and are adding meaningful value.
There are also really good and cheap domains out there that you can purchase if you don’t have one already.