Why did .com prices go up and how high will they go?

Why is this happening? 

Verisign (the registry operator for .com) created a deal with our mutual regulator ICANN (aka "The Man") to have .com pricing go up by about 7% every year for the next 10 years. Verisign is required to pause price increases during two of those years, but they would otherwise have authorization to steadily raise prices through 2029.

What does this mean for me?

At Porkbun, we usually sell all our domains close to the wholesale cost, and we do everything in our power to give you the best price possible. If you want to go in deeper into how domain pricing works, we have a handy article from our Blog that breaks it all down. 

What happens now?

You can find our current .com pricing here. To save money and avoid the pending increase, considering renewing your .com domains today.

• If you’ve invested in .com domains, renew in bulk. If you are a US-based customer, you can save money bulk renewing by setting up an ACH account.
• If you’re not planning to switch up your domain any time soon, lock in today’s prices by renewing for years ahead. The max renewal period allotted per domain is 10 years.
• If you’ve been eyeing a .com for a while, buy now, as the price can only increase in the future