Tuvalu, a tiny island nation with the .tv TLD, has been cashing in on domain sales to Twitch and others, representing ~8% of the island’s gross national income. ( Alexander Lee / Washington Post)
The internet is a vast and amazing place. Every corner of our planet has its domain name, which is free to register. But what happens when the internet gets bigger? What if every corner of our planet got its own TLD? This is where you come in. You may have seen the domain name. Tv, which stands for the country of Tuvalu. But it’s not available for purchase. Why? Because Tuvalu is a tiny island nation in the South Pacific, and its residents aren’t even big enough to justify owning their domain. We’re not talking about some backwater place only one person calls home; Tuvalu is an independent nation with an entire government and population.
What is a Tuvalu?
Tuvalu is a small island country that is one of the most isolated countries in the world. It is the only nation fully landlocked and surrounded by water. Because of the nature of the geography of Tuvalu, it is possible to travel from one side of the country to the other in less than three hours. As such, it is not surprising that this tiny country would be affected by changes in the global economy. It is also a country with a strong sense of cultural pride. Their flag comprises three colors – red, blue, and green, representing the sea, sky, and land.
How Tuvalu has, get.tv TLD, been cashing in on domain sales to Twitch and others?
In the summer of 2015, Twitch bought an a.tv domain for $8 million. Just this January,.tv domain registrar tuvalu.get.tv announced that it had sold more than 40,000.tv domains. “It’s very rare for us to see a.tv domain that sells for $8 million or more,” says Michael Farkas, CEO of Tuvalu. Get. Tv charges only $20 to register an a.tv domain. It’s also one of the most affordable registrars.tv domains, according to Farkas. As Twitch enters into agreements with other media outlets and brands, it will have to pay for the privilege of displaying those ads. It recently reached a deal with YouTube to sell ad spots alongside streams. These partnerships have increased the value of.tv domains. They have been on a strong trend for a long time, but recent developments indicate a solid upswing in growth.
How does tv TLD generate ~8% of the island’s gross national income?
While television stations are legally required to broadcast in a specific programming format, many TV stations use the.tv domain extension to direct viewers to web-only versions of their content..tv domains can only be registered for use in a certain geographical area. Tv top-level domain (TLD) is the most widely used in the Caribbean region. In total, there are four Caribbean.tv TLDs: Antigua and Barbuda, the British Virgin Islands, the Cayman Islands, and Trinidad and Tobago. The four countries are members of the Caribbean Internet Exchanges Association (CaribbeanIX) and share a single—tv registry. According to the World Bank’s 2017 World Development Indicators, the TVTLD generates about 8% of the island’s GNI, about USD 14.4 million.
Conclusion
In conclusion, the country’s economy is based on selling Internet domain names. It’s a small country (its population is just 9,000) with only 11,000 square kilometers (4,200 square miles) of land, which puts it at number 39 out of the 193 countries listed on the UN’s World Bank’s list of least developed countries. That’s pretty impressive and a testament to how little things matter when you have a great domain name.
FAQS
1. How did this happen?
The Tuvalu IPR policy states that “.tv” domains are reserved for use by the Tuvalu government. However, the country is very small and only has a population of 11,000.
2. How much money do they make?
Tuvalu has sold over 50 domains to Twitch, and the earnings are shared with the Tuvalu government.
3. What is the Tuvalu economy?
The Tuvalu economy is largely dependent on tuna fishing. The country has a GDP of about $60 million, equal to 2.4% of the world’s GDP.
4. How much money is the Tuvalu GDP?
The Tuvalu GDP is $60 million.
