The domain aftermarket has a big problem - Domain Name Wire | Domain Name News
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Domain aftermarkets need to clean up their inventory. Let me start this rant with some good news. This month, I sold a domain name for $6,500 that I found through Domain Academy’s Afternic advanced search tool. I bought the domain for less than $100. Now for the bad news: I spent a lot of time […]

Here’s my take:

The domain aftermarket has a big problem… it exists. This market shouldn’t ever be allowed to exist in the first place. ICANN should’ve blocked this bullshit a long time ago and forced registrars to just let domains expire and free the space. Also add a few provisions about unused domain names and about selling them.

  • Godort@lemm.eeEnglish
    14·
    8 months ago

    This would turn the Internet into a hell scape if only because corporations could throw huge amounts of money around.

    There would be incentive for the Pizza Huts and the Walmarts of the world to just assume control of the websites for any local competitors.