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Have you guys checked out the terms of this Domain Store program by Verisign? Since they couldn't completely control the secondary market via failed Great Domains, and seeming to want to jump on Sedo's idea of having the secondary market names pop up in reg searches, they have created this secondary market store model.
Yeah, I know, somewhat old news, but if you check out the link below and actually read through the crap, they aren't satisfied by just trying to do this WLS grab (if they get through the suits), they also appear to want to SET prices for registrar listings (in this DN Store program) at a minimum of $75 and up to $5000 per name. They also are deciding that the owner can't select which registrar offers the name he owns, it has to be through the registrar where the name is located. That registrar in turn can set whatever price they want (for the listing) as long as they stay within the minimum and maximum limits. So as I read it, if you want to list your name for sale at Registrar A because they charge (x), but the name is at Registrar B which charges (x+), you are restricted to using Registrar B, and paying the higher fees, unless you pay a transfer fee and go through all that hassle.
Either way, we pay more.
Not only that, but Verisign is restricting the offering of the service to .com, .net and .org. I believe this to be another tactic to promote their own extensions over the new ones. For example, a customer looking to reg a name and finding all extensions taken, will then be shown only .com, .net and .org names available in the secondary market.
A service that appeared to be a good idea when first mentioned has taken on some twists that only Verisign can benefit from, to the detriment of the consumers. There is a lot more to these plans, and you thought only Microsoft tried to take your Internet decisions away from you.
Check it out!
http://www.verisign-grs.com/namestore/smp/smp_product_guidebook.pdf
Yeah, I know, somewhat old news, but if you check out the link below and actually read through the crap, they aren't satisfied by just trying to do this WLS grab (if they get through the suits), they also appear to want to SET prices for registrar listings (in this DN Store program) at a minimum of $75 and up to $5000 per name. They also are deciding that the owner can't select which registrar offers the name he owns, it has to be through the registrar where the name is located. That registrar in turn can set whatever price they want (for the listing) as long as they stay within the minimum and maximum limits. So as I read it, if you want to list your name for sale at Registrar A because they charge (x), but the name is at Registrar B which charges (x+), you are restricted to using Registrar B, and paying the higher fees, unless you pay a transfer fee and go through all that hassle.
Either way, we pay more.
Not only that, but Verisign is restricting the offering of the service to .com, .net and .org. I believe this to be another tactic to promote their own extensions over the new ones. For example, a customer looking to reg a name and finding all extensions taken, will then be shown only .com, .net and .org names available in the secondary market.
A service that appeared to be a good idea when first mentioned has taken on some twists that only Verisign can benefit from, to the detriment of the consumers. There is a lot more to these plans, and you thought only Microsoft tried to take your Internet decisions away from you.
Check it out!
http://www.verisign-grs.com/namestore/smp/smp_product_guidebook.pdf
