[DNS] Secondary Market

[DNS] Secondary Market

From: J and J Miller <miller.email§gmail.com>
Date: Mon, 17 Jul 2006 14:20:17 +1000
Our company recently paid US$40,000 for a com domain. We would like to offer
the same amount to the registrant of the com.au version, and we are positive
they would accept as they have owned the domain for years and done nothing
with it, but the current policy does not clearly permit such a transfer.

There are also several other registered com.au domains our business would
love to buy from the current registrants for development. It is very
unfortunate for all concerned that we can't.
The policy needs to change! It's negatively affecting our business by
hampering its growth.
On 7/17/06, Kirk Fletcher <kirk&#167;enetica.com.au> wrote:
>
>
> "Darryl (Dassa) Lynch"
> >
> > Thank you.  I do believe we should discuss all these issues,
> > we do need to keep it civil however.
>
> Casting cannibals, communists and crazy capitalists aside
> for a moment, I'd like to try to clarify some of the positions
> being put forward.
>
> The facts as they are now, are that if a business or company
> owns a domain name, then if the business is sold, the domain
> name goes with it.  There seems to be little opposition to
> this, even though, as has been pointed out, speculators can
> also use this method.
>
> At present, registrants still require a close and substantial
> connection to a domain name in order to register it...  if they
> are approached by someone who values the domain more
> than they do, should they not be free to profit from it?  Surely
> this is win-win... After all, a buyer does not pay more than
> what they think an item is worth (so they've hardly been
> "ripped off",) and the original owner clearly profits from the
> transaction.
>
> It seems to me (and you can correct me if I'm wrong,) that
> you don't appear to be opposed to domain trading per se -
> just that you are opposed to domain speculation.  Is this a
> correct assessment?
>
> If this is the case, then I'm curious as to why you are opposed
> to speculators in particular.  Where similar assets of variable
> value are available, they are a natural side-effect - and seems
> as legitimate a business practice as any other... How do you
> maintain that a future (possible) registrant has a greater right
> to the domain name?
>
> With regards to whether or not a domain name is an asset:
> anything which adds value to a business is clearly an asset.
> Unlike software licenses (which btw, is also an asset - you
> depreciate it on your tax returns,) domain names often
> increase in value over time.
>
> In some cases, this appreciation is because of the good will
> generated by the registrant's use of the domain.  In other
> cases, it is simply because the registrant had the foresight to
> secure the name of an up-and-coming service, product or idea.
> In either case, isn't the registrant entitled to profit from the
> sale of the domain?  If not, how can you justify that position?
>
> Your entire opposition to the concept of domain trading seems
> to be that some people miss out on their desired domain name...
> well, that goes without saying: multiple parties want a domain,
> only one entity can have it.  At least with a secondary market,
> domains ultimately end up in the hands of those that value them
> the most... even better: those who relinquish the domain name
> get some compensation.  It seems to me to produce more
> winners than the present situation.
>
> Finally: Each domain name is unique, this is true - but they are
> hardly limited in number.  To claim them as a non-renewable
> resource is disingenuous.
>
> Regards,
> Kirk Fletcher
>
>
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