this post was submitted on 26 Mar 2024
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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.

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[–] Cort@lemmy.world 20 points 6 months ago (7 children)

I even recall a time I negotiated back and forth on Sedo to buy a domain name, and it turned out the seller didn’t own the domain.

I'm sorry, how is this NOT fraud?

I agree with OP. Domains should just expire if they're not renewed.

And honestly, I'm against the hoarding and resale of them too. They're a finite resource and should be limited to a fixed number per human being. And only transferred for free not resold.

[–] SomeBoyo@feddit.de 3 points 6 months ago (2 children)

The free transfer would be hard to enforce.

[–] Cort@lemmy.world -2 points 6 months ago (1 children)

I think it could be accomplished. If any income from the sale or transfer of a domain, above the standard registration fees, is taxed at 100% that would stop most, especially businesses. No it wouldn't be perfect, but no tax system is.

[–] jkjustjoshing@lemmy.world 3 points 6 months ago

ICANN doesn't have the authority to levy a tax. I'm not sure how you would enforce a system like that.

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