Originally posted by DomainGoon
You said, in your original post, that there shouldn't be going to the highest bidder. Now you're talking about who the profits in radio auctions go to.
So, are you against selling "public assets" to the highest bidder or are you just against the specific way it's being done with domains?
Would you have a problem with domain auctions if the money went to ICANN?
Well, we are getting into some interesting philosophical questions. If ICANN were funding something for the benefit of the entire world (in a really huge way, like ending world hunger or fostering world peace), perhaps I would be in favor of that.
My main point, which you seemed to miss or chose to dodge, is that the current system, especially with regards to the most valuable names, puts the auction profits in the hands of the registrars & their associates (Pool, DropWizard, etc). No way, no how can I philosophically say that that is a good thing.
Since the fat money should not be going to the registrars, in my opinion, and since it is not going for some greater good (world peace), then it should be available to the maximum number of people who are interested. Dropping domains should go to
1. people who want a particular domain for their own use
2. people who invest in domains
And, I do not mean to a select few people who have invested the time to figure out some arcane rules about how 73 different registrars and/or drop services can give them the maximum chance of scoring the winners.
The imminent and critical issue is: How will the WLS subscriptions be made available?
It looks like we should be finding the answers to that question very soon.