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Yes, this sounds like pure profit (and it is) but part of me wishes .com domains were 10x to 50x more expensive. It's selfish, I recognize that, but to purchase
by debrice 5y ago
Yes, this sounds like pure profit (and it is) but part of me wishes .com domains were 10x to 50x more expensive. It's selfish, I recognize that, but to purchase a basic domain today I'd have to pay anywhere from $10,000 to $1,000,000 to purchase an unused parked domain.
Is there a solution or a place where ICANN and/or Verisign limit the massive amount of parked domains?
- newsclues 5y agoWouldn’t that just result in the domain squatters to be much wealthier and average people would be priced out, while the practice continues but the people profiting change…
- debrice 5y agoHolding 10,000 domain for $500/yr is likely to become unsustainable for any company. My suspicion is that they'd likely raise the price of very rare domains but stop parking basic ones
- ocdtrekkie 5y agoA lot of domain squatting can be argued with: If they're sitting on your trademark, you basically can take it from them. But the ICANN dispute resolution process is like $1200 minimum, so most squatters like to sell for just under that.