hey james, did you give loren the product plan? :-)
seriously, the only two things I would add are that my guess is (and it is only a guess) that ICANN would far prefer this solution to status quo and that I would prefer a global, industry-wide solution with fair economics. I belive that we will all (most importantly registrants) do better in such a scenario.
(apologies again for brevity).
Regards
Loren Stocker wrote:
Herebs what I think.
This is all about incentives; the WLS, Pool, Snapnames, the growth in passive Registrar certification, and certainly domain speculation itself.
I believe Registrars b and letbs begin here at Tucows b will create a supplemental or compulsory agency agreement with their subscribers that allows for private reassignments. In effect, this is kind of a consignment agreement allowing them to remarket domains BEFORE they delete.
This is really a simple matter b and a private matter -- between subscribers and their Registrars. Indeed, Tucows would merely be acting as agent for the subscriber and executing their EXISTING rights in a systematic way. This is just not something anyone can stop, as no ICANN or Registry permissions are required. These rights are already held by the sleepy, unsuspecting subscribers who dump valuable names. Even if ICANN thinks they can object, a 3rd party can be created to act as agent giving Registrars political cover. More on this at (see 2nd paragraph under b WLS OPTION HOLDERSb ):
http://www.dnso.org/dnso/dnsocomments/comments-deletes/Arc01/msg00017.html
This private reassignment, or b sneak backb process, will easily combine with private registrations (hiding ownership) and a domain resale system, if desired. It can be one automatic, continuous process. During active registration, buying and selling can be business as usual. However, once the domain has expired, the savvy Registrar will be allowed to step in and auction-reassign domains prior to deletion.
The details will have to be worked out, but the auction-reassignment date should be just after a payment grace period and just prior to the dreaded Redemption Grace period; the subscriber, Registrar, and reseller should all get a cut of the revenues; the subscriber should retain the right of first refusal so they can elect to keep the domain if they so desire; and post b auction,b a private reassignment could still take place at a premium to cover b Redemption Graceb up until the domain goes into the deletion period.
Indeed, there is also nothing really new here. Network Solutions has wrongly assumed the agency position by not dropping name and unilaterally paying renewals. Companies like b Domains by Proxy,b have seized the agency position with their self-serving agreements. Others, like web developers, have done this in private practice for years (keeping domains dropped by clients). All that needs to be done is for this process to be legitimized and formalized by securing permissions and playing fair. With this change, many evils are cured.
The new incentives will effectively b and immediately -- end the run-up in Registrar certifications, as well as defeat WLS before it gets launched. Itbs practical and sustainable. No valuable domains will ever be b droppedb again. And Elliot and Ross will love the fact that domains will approach their highest and best use b and even b Momb gets a piece of the action;)
Letbs get started!
Loren
Barry W Black <[EMAIL PROTECTED]> wrote:
I strongly agree with Loren's remarks.
We all have the option to keep track of our names and sell them at any time, as it always has been. eBay is a perfect example.
If a person isn't using their name or doesn't intend to continue using it, they can sell or auction it off at any time, while they have LEGAL control it it.
I would suggest an alternate plan of selling the name at a special auction site preceding the expiration date, if the owner wants a financial part in the transaction.
I personally feel that if Tucows uses the name pool of their partnered and affiliate registrars expired names, they are taking advantage of their position, which I can not agree with either.
Did the words "take advantage" catch your attention?
Barry
-- Sincerely,
Barry W. Black aka GldnEagl [EMAIL PROTECTED]
"Quite possibly... the most Certified IT Professional in the World" * see my web profile, now on 392
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