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Firstly, squatting is a problem that ICANN itself created (or at least contributed to creation of) through their broken reseller policies. Since squatting drive
by romaniv 15y ago
Firstly, squatting is a problem that ICANN itself created (or at least contributed to creation of) through their broken reseller policies. Since squatting drives domain prices up, it might even be financiall beneficial to ICANN.
Secondly, squatting is mainly a problem because it drives the prices up, especially for small website owners. Sure, you can buy a cool domain you want, but it will be $1k, instead of eight dollars. A corporation could simply sue for their brand name. How will thse new expensive gTLDs solve this problem?
Thirdly, I would argue that the same effect you describe could be achieved simply by creating .corp domain that is more expensive and has some checks in regards to business legitimacy. That would be less disruptive for everyone.
New gTLDs could have been be a good things, but not when they are "released" like this.
- Dove 15y agoFirstly, squatting is a problem that ICANN itself created (or at least contributed to creation of) through their broken reseller policies. Would you mind elaborating on that? I'm curious what you think they should have done.
- romaniv 15y agoThere are two issues that, in my opinion, contribute to massive squatting problem. First, squatters can buy domains in bulk and pay next to nothing for each of them. (Sometimes they pay nothing at all, abusing trial periods and renewal rules.) This is what makes squatting on such a massive scale possible. Second, modern DNS structure is effectively a global namespace: there are only a handful of TLDs that matter and they are awfully generic, so they collide. TLDs do not classify anything, and they should. Also, if someone bought the name you want, there are no equivalent (but different) alternatives. That's another thing that makes squatting profitable.