I work at Namebase, which is a domain registrar and on-ramp for Handshake. That’s what makes Handshake so compelling imo. There are a lot of mechanisms that pre

I work at Namebase, which is a domain registrar and on-ramp for Handshake. That’s what makes Handshake so compelling imo. There are a lot of mechanisms that prevent squatting: bids are locked up until auctions finish, so squatters need to pick and choose where they allocate coins. Furthermore, names are rolled out over a 52 week period (hash of the name mod 52), which means that there will still be a lot of good names available 6 months into launch. And the Alexa top 100k domains have been pre-registered, in addition to the blacklisted ICANN TLDs, so that only facebook.com can register .facebook. Finally, 70% of the coins are being airdropped to developers so the bidding power will be evenly distributed from the start — it’ll be difficult for a whale to buy up $10mm of Handshake coins and outbid everyone.