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Yes, most newer TLDs have "premium domain" pricing.
by fckgw 3y ago
Yes, most newer TLDs have "premium domain" pricing.
- atonse 3y agoSo why is ICANN ok with this? I suspect enough people dangled tons of money in front of them. Yes I understand that it's likely that squatters would've taken this instead. But instead of coming up with a solution for that (like, if you don't use it for X amount of time, then it's lost), they instead decided "why don't we just take that money"
- fckgw 3y agoICANN does not dictate pricing on nTLDs. ICANN gets an (very large) initial fee to approve the nTLD and gets a small cut of every domain sold, while the registry is free to set their own pricing and terms.
- krger 3y ago>if you don't use it for X amount of time, then it's lost Okay, now come up with a definition of "use" that effectively eliminates squatting-for-profit that doesn't also eliminate legitimate uses for having multiple domains that don't look like they're "being used"
- donmcronald 3y ago> Yes I understand that it's likely that squatters would've taken this instead. The squatters are actually better in some cases. If they're selling a non-premium domain that you can renew cheaply, the up front price can be more tolerable than the long term cost of a premium domain. It looks like the premium domains for .zip are about $550 USD on Porkbun. I'd way rather pay $5k up front for a .com compared to $5.5k over 10 years for a .zip.