Chinese domain market report : Big Brother a reality in China

Chinese domain sales report.

Chinese domain sales report.

The Chinese government continues to push with its plans to roll out ranking for people, based on their online activities.

No longer just a measurement of credit worthiness, the social credit system is now scanning the online activities of Chinese citizens on social media and even online merchants.

Big Brother is therefore one step away from implementation, and once 2020 arrives, the Chinese government will utilize the help of large services, such as Tencent, WeChat, Alipay, Alibaba, Baidu and others, to rank its citizens.

The ranking system will be used to both reward and punish, depending on one’s score!

Meanwhile, the Chinese domain market appears to be a ghost of its self a year ago, when prices peaked in December 2015.

Domain sales among the Chinese have slowed down, after thousands of domains have been traded over and over, for minimum gains.

This treatment of domains as stocks, has led to the drop in prices for domain “coins,” such as LLLL .com and even LLL .com domains for the “Chinese premium” letters. The latter, exclude vowels and the letter “V.”

Two letter .com domains continue to earn respectable revenue when they change hands.

We keep track of domains that changed hands in China; 2 to 4 characters in the .CN, .COM and .NET TLDs.

Today’s list spans November 28th to November 30th:

If you follow Chinese domain sales news headlines, keep in mind that most such references to “six figures” are made for impression, as the number is in the Chinese currency. 😉

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