Minds + Machines Share Discussion Threads

[themuppet] 14/10/2015 16:12

I'm not expecting chapter and verse but can someone give me an overview of how MMX will generate new revenues.

Do they own these new industry specific '.somethings'?

[davemake] 14/10/2015 15:28

.bradesco (?) and .law added to my summary in anticipation of forthcoming launch..........

[ftangftang] 13/10/2015 16:35

thanks Dave
pinched and posted elsewhere

cheers
ft ft

[ftangftang] 12/10/2015 23:04

Antony Van Couvering of Minds + Machines – DNW Podcast #54
BY ANDREW ALLEMANN — OCTOBER 12, 2015 PODCASTS 1 COMMENT

Minds + Machines’ CEO returns to the podcast to talk about new domain names.

Domain Name Wire podcastNew top level domain name company Minds + Machines CEO Antony Van Couvering is back on the podcast this week. He discusses what’s happening with new top level domain names and how his company is responding. He also explains how people can partner with Minds + Machines, either to help sell domain names to communities or to develop a premium domain name into a web destination.

Also: Scooping corporate plans, Frank Schilling and Rightside, 4 letter domains, and Google Domains.

Subscribe via iTunes to listen to the Domain Name Wire podcast on your iPhone or iPad, or click play below or download to begin listening. (Listen to previous podcasts here.)



cheers
ft ft

[ftangftang] 12/10/2015 07:16

double post

[ftangftang] 12/10/2015 07:16

Minds + Machines Group Limited (LSE:MMX), the publicly quoted owner and operator of Internet top-level domains, is pleased to report the highly successful launch of .MIAMI, the start of the Early Access Program for .law, and initial renewal rates for its geo portfolio.

.MIAMI launch

Following a co-ordinated marketing campaign with GoDaddy, the world's largest internet domain name registrar, and HelloDotMiami, a registrar specializing in Spanish-language registrations, the Company is pleased to report that .MIAMI has secured over 8,000 registrations in its first seven days, making it the fastest growing geo TLD of this period and placing it among the most successful city TLD launches.

Antony Van Couvering, CEO of Minds + Machines, commented:

"We could not be more pleased with the launch of .MIAMI, one of only three United States cities to have launched their own geo top-level domain. It has been a rousing success for both the City of Miami and Minds + Machines from any point of view we choose. We are seeing great numbers given Miami's population size; sustained growth rates; low customer acquisition costs, and premium name sales to some of Miami's premier businesses and institutions. We view the launch of .MIAMI as establishing a new model for a successful geo TLD launch: a strong partnership with the City government; sustained engagement with civic and business leaders; and targeted marketing in co-operation with our registrar partners."

.LAW launch

The Company is also pleased to announce the start today of the Early Access Program for the much-anticipated launch of .law. Under the Early Access Program ("EAP"), a descending fee, going lower each day, will be charged during the first week of launch in addition to the standard prices for a domain, until by day eight prices settle at their normal level. The purpose of the EAP is to better capture value for .law names that are not premium priced. The Company therefore expects high-value sales during EAP, followed by more numerous registrations appearing after 19th October.

Antony Van Couvering added:

"We believe .law will change the way people look at top-level domains. We expect to prove that restricting access to eligible applicants will increase not only demand and price, but also usage and promotion of second-level domains. For us, .law is the perfect combination of a large addressable market, a professional and well-heeled user base, a strong external partner, and a compelling product offering. Early indications are that .law will have significant uptake from the global legal community."

Renewals

The Company is pleased to report that renewal numbers from its geo-portfolio are expected to come in significantly ahead of industry norms. Preliminary results from .london indicate a final renewal rate of over 90%. This number is subject to change given the rights of customers to cancel auto-renewals up to 45 days past their renewal date, but this is not expected to be significant. These initial results, compared with an industry norm of 50-75% renewal rate, confirm the Company's belief in the value of geographic top-level domains and its strategy of working with the world's leading cities.

The Company's quarterly operational update will be released the week of 26 October.

cheers
ft ft

[liquid millionaire] 09/10/2015 07:40

£15,000,000!!!!

[davemake] 08/10/2015 16:38

Minds + Machines To Go With An 8 Day Early Access Program For .Law/.Abogado

[ftangftang] 07/10/2015 09:43

.miami 6605



cheers
ft ft

[ftangftang] 06/10/2015 07:15

'New '.law' suffix could set off a domain gold rush'

"Legal marketing could see the largest upheaval since the beginning of the dot-com era with the arrival of the new “.law” domain extension.

On July 30, early adopters such as Skadden, Arps, Slate, Meagher & Flom; DLA Piper; and Goldstein & Russell snapped up their .law domains on the first day of sales, but the sale was restricted to those who had registered their trademarks with the Internet Corporation for Assigned Names and Numbers.

The market opens for real on Oct. 12, when sales are allowed to the entire legal community.

“It’s incredible,” says John Morgan, chairman of the new domain. “It gives everybody the opportunity to have a one-time reset for the domain name of their dreams, and it will probably never happen again when you have a domain like this in a field like ours.”

Lou Andreozzi, CEO of the domain and former chairman of Bloomberg Law and former CEO of LexisNexis North American Legal Markets, estimates the U.S. market is about 1.2 million attorneys, while the worldwide market approaches 2 million lawyers. Andreozzi says his goal for .law in the next 12 to 24 months is to reach 10 percent market penetration, or around 100,000 sales.

At roughly $200 per year (plus a $10 verification fee), the domain is looking at an annual market north of $200 million, and potentially exponentially more when offensive and defensive purchases are figured in.

“Some people will buy them offensively such as, for example, MiamiDivorce.law, while those with distinguished brands will buy them defensively so someone else doesn’t get the name,” Andreozzi explains
......."



cheers
ft ft

[henjay] 04/10/2015 22:36

nearly 5500 now and counting.

[ftangftang] 04/10/2015 22:12

New gTLD .Miami Gets Almost 5,000 Registrations After It’s 1st Day Of Availability
OCTOBER 3, 2015 BY MICHAEL BERKENS 3 COMMENTS
The new domain name extension .Miami , which had it’s first day of General Availability yesterday, where it could be registered on a first come, first served basis got almost 5K registration including around 200 in Sunrise.

According to ntldstats.com, .Miami had 4,959 domain names in the zone after its full day of GA.

The Godaddy family of registrars, dominated the top 10 of domain registrars of .Miami taking 8 out of the top 10 spots and getting over 55% of all .Miami registrations.

.Miami is being managed by Minds + Machines and domain names can be registered by anyone one in the world.

.Miami becomes only the 3rd city in the United States to offer a New gTLD.

.NYC which is only available to people or business with a presence in New York city, has almost 85,000 domains registered and it’s releasing it’s collision list of over 16,000 previously unavailable domains this week.

.Vegas has 16,500 domain names registered and has no nexus requirements.

Outside of the United States, .London which is also being managed by Minds + Machines, has the 2nd highest number of domain names registered for a city new gTLD with just under 70,000 domain names.

.Berlin has over 68,000 registered domain names.

As in the Will Smith song; Welcome To .Miami



cheers
ft ft

[ftangftang] 28/9/2015 08:33

MMX", the "Company" or "Group")

Transaction in own shares

Minds + Machines Group Limited (AIM:MMX), the publicly quoted owner and operator of Internet top-level domains, announces that further to the announcement on 22 September 2015 of a proposed share buy-back programme of up to GBP15 million over the following twelve months, the Company on 25 September 2015 purchased 250,000 ordinary shares at a price of 8.75 pence per ordinary share. The Company purchased these ordinary shares through N+1 Singer. The total cost (excluding dealing and associated costs) amounted to GBP21,875.

The purchased ordinary shares will currently be held in treasury and will not for the time being be cancelled. Accordingly, the number of ordinary shares admitted to trading on AIM will currently remain unchanged at 835,969,485.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, following this announcement the Company will have 835,969,485 ordinary shares of no par value in issue, of which 250,000 will be held in treasury (representing 0.03 per cent. of the issued share capital). Therefore, the total number of voting rights in the Company will be 835,719,485; this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

cheers
ft ft

[parsons] 25/9/2015 16:21

I have increased my holding this week. This is just a numbers game. The overheads will be different in the future as it is now a MARKETING AND SALES company. The piece above by davemake is interesting but the real money is going to be in the SPECIALS that can be sold for big money !!! Also of course some sensible investors are now getting involved.

[mortimer7] 25/9/2015 15:39

Interesting positive piece on MMX
hxxp://www.proactiveinvestors.co.uk/companies/news/111015/minds-machines-set-for-strong-second-half-111015.html

[davemake] 24/9/2015 15:00

Info on domain count.....(I have added .law and .bradesco)

.work growth rate has been performing best.
.kiwi and .casa have negative 3 month growth
.garden and .rodeo seem to be picking up

[ftangftang] 22/9/2015 13:53

Minds + Machines set for strong second half
Share
12:04 22 Sep 2015
The company has .law and .miami taxiing on the runway, while renewal rates for .london, launched last year, are believed to be significantly above industry norms.
Minds + Machines set for strong second half
Why Invest
In MMX?
THE BIG
PICTURE
City of Miami mayor Tomás Regalado has welcomed the impending launch of .miami; no word yet from Dan Marino, or Crockett & Tubbs
Half-year results from Internet domain name specialist Minds + Machines (LON:MMX) reveal a company that is changing gear.

The company has been laying the groundwork for some time, applying for the rights to generic top level domains (gTLDs) – the part of an Internet address after the final dot - in the land grab that followed the relaxation of restrictions on the range of gTLDs that are available.

It is still in the running for some more domains that have yet to be released, but the emphasis is clearly switching to capitalising on the assets it already owns.

In the first six months of 2015 it incurred US$2.12mln in sales costs, whereas in the same period last year, the cost of sales was nada, zip or zilch.

The first half of last year also saw the company enjoy a windfall of US$11.86mln as a result of withdrawing from the auction process for a number of gTLDs, whereas this year the windfall had narrowed to US$4.46mln.

It’s a slightly odd function of the whole bidding process for Internet domains that the winner of the auction process pays those who lost out in the auction, and while getting rewarded for not winning is all very nice, it is not a sustainable long-term business model for Minds + Machines. It is more interested in acquiring the rights to gTLDs and earning money from them – year after year after year.

This process has already begun, with first half billings of US$1.97mln well up on billings of US$449,000 in the first half of last year, and the company is expecting the pace to pick up even more in the second half of the year.

[...]

cheers
ft ft

[mortimer7] 22/9/2015 10:13

To be up 6% so far on a day of general market capitulation is good IMO.

[parsons] 22/9/2015 09:59

That's even better then, remember two other investors recently bought in I think interest should start to come back.

[brianbadonde] 22/9/2015 09:37

Remember if you go below 3% you no longer have to declare if you sell, his last rns was at 2.6% id imagine he sold on the big volume the other week