The Domain Name System and the corresponding technical standards constitute the most important infrastructure of the Internet and support the smooth operation of the Internet. And because of its functionality, uniqueness, stability and accompanying branding value, domain names are also regarded as an investment. 1. A brief history of the industry Since the world's first domain name was registered in 1985, the domain name industry has developed rapidly in the United States with the east wind of the Internet. Until 2000, due to the bursting of the Internet bubble in the United States, a large number of Internet companies went bankrupt and the economy went down.
Investors had to sell domain names. In China, where the Internet has just been introduced, many investors have gradually noticed this industry, and out of optimism and confidence in the Internet industry, they have begun to register/squatting domain names. During this period, a large number of boutique domain names were registered. With the start of the job title email list Internet in China and the gradual adjustment of CNNIC's policy, China's domain name holdings are generally developing continuously. In 2007, due to the one-yuan CN domain name activity released by CNNIC, the number of CN domain name registrations surged, surpassing the COM domain name and becoming the mainstream domain name in China. However, the surge in the number of domain names also paved the way for the chaos of illegal domain names in the following years.
CNNIC therefore made adjustments to the security and legality of domain name registration, and the industry was gradually standardized. Around 2013, new top-level domain names were opened for registration, and many e-commerce giants changed their domain names one after another. The domain name industry received more and more attention from investors. The price of domain names continued to rise and even far exceeded the value. A bubble emerged, and in 2015 Welcome to the peak period of the market. In the second half of 2016, the industry bubble burst, domain name prices plunged, and the market was cold. Although it started to pick up in 2017, the current market conditions are generally cold.