Radix premium revenue hits $3.8 million in first half
New gTLD portfolio registry Radix this week gave its twice-yearly premium domain sales report, declaring first-half revenue of $3.8 million.
That figure includes $2.5 million in renewal revenue from premium-priced names, because Radix charges premium renewal fees.
For Radix, premiums sold through the registrar channel are arranged into eight tiers from $100 to $10,000 a year. While there were eight sales at the top end, most sales were concentrated in the $500-and-below tiers.
The average first-year revenue was $558 per domain.
There were 1,767 premiums sold across the stable of 10 gTLDs, compared to 1,378 in the second half of 2021 and 1,436 in H1 2021.
.tech is the highest-performing, with $643,825 of recurring retail renewal revenue reported.
The post Radix premium revenue hits $3.8 million in first half first appeared on Domain Incite.