Cloudy will disrupt the domain name registration market with its new initiative. The content delivery network (CDN) provider launched Cloudflare Registrar with the promise of providing domain names at wholesale prices, which is true for the first year as well as every year after.
The reason for launching Cloudflare Registrar is quite simple. Domain name registrars offer domain name discounts when customers register a domain name for the first time. But they increase the price at the time of renewal.
In the best-case scenario, the renewal price is about double the initial offer, while it is more than twenty times higher in the worst-case scenario, Cloudflare found. Additionally, registrars charge additional fees for other products such as DNSSEC, which should be included for free with the domain name.
Top-level domain registries (like .com, .org, .net, .in) provide domain names at a wholesale price that stays relatively constant over time. What domain name registrars do is register customers as the owner of a specific domain name.
To make customers the owners of domain names, registrars must send certain commands to an API. For working as a middleman, they charge customers inappropriately.
On the occasion of its 8and anniversary, Cloudflare gave the gift to its customers, providing them with domain names at the best possible price. Cloudflare Registrar will allow customers to enable two-factor authentication, lock default domain registration, and automatically enable security services like DNSSEC.
“’I love my domain registrar.’ Has anyone ever said that? Even before Cloudflare launched in September 2010, our early beta customers were literally begging us, “Do you want to launch a registrar too?” That’s exactly what we’re doing today, launching the first registrar, we hope you can say you love it. It is based on three principles: trust, security and always fair prices. » wrote the CEO of Cloudflare Matthew Prince in one blog post.
Currently, Cloudflare Registrar does not support new domain name registrations. Cloudflare customers can transfer their existing domain names there.
Image source: Cloud Flare