The domain aftermarket has a big problem - Domain Name Wire | Domain Name News
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Domain aftermarkets need to clean up their inventory. Let me start this rant with some good news. This month, I sold a domain name for $6,500 that I found through Domain Academy’s Afternic advanced search tool. I bought the domain for less than $100. Now for the bad news: I spent a lot of time […]

Here’s my take:

The domain aftermarket has a big problem… it exists. This market shouldn’t ever be allowed to exist in the first place. ICANN should’ve blocked this bullshit a long time ago and forced registrars to just let domains expire and free the space. Also add a few provisions about unused domain names and about selling them.

  • ElectricMachmanEnglish
    14•9 months ago

    That sounds ripe for abuse. Say someone has a problem with me - if they wait long enough, they can now pay over the odds and effectively take over my website. Or get their friends to enter a bidding war and potentially cost me a lot of money.