Chinese buy another 200,000 .VIP domain names

Bulk orders boost .VIP top level domain name.

<img title="Chinese buy another 200,000 .VIP domain names - www.nicenic.net" alt="Chinese buy another 200,000 .VIP domain names - www.nicenic.net" src="http://img.iisp.com/image/20170405/20170405171507_92812.png" width="311" height="200" />

MMX (Minds + Machines) reported today that it has received orders for 200,000 additional .VIP domain name registrations.

The sales will generate $1.3 million in income over the life of the contracts, and this dollar figure includes 61 names sold in eName’s recent auction.

<img title="Chinese buy another 200,000 .VIP domain names - www.nicenic.net" alt="Chinese buy another 200,000 .VIP domain names - www.nicenic.net" src="http://img.iisp.com/image/20170405/20170405173653_98409.jpg" width="437" height="300" /> 

The deals seem to be structured for multiple years, as the company says the contracts “ensure high renewal rates for the new registrations.”

.VIP will have over 800,000 registrations once the domains are registered in the next week or so. This comes ahead of the first year anniversary of .VIP, when domains will be up for renewal.

MMX said it’s confident it will hit its goal of one million .VIP registrations by the end of 2017.

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