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Possible fraud attempt on IP Claims for blocked .biz names
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Hi,
thank you all for your comments. we can understand and appreciate the first set of views and concerns posted here. however i would quickly like to highlight a few points
* to quickly answer one of the queries raised in an earlier response - WE DO NOT EXPECT to charge the $149 right now - we only expect it AFTER we manage to get your domain name
* we do not apply for your name if you do not wish us to - we cancel the application if you want us to cancel it
having said this - let me explain our reason for doing what we did -
* Most IP Claimants have this inherent feeling that by purchasing an IP Claim on the domain name they are secure, and that they will get their domain name irrespective of whatever happens in this Round Robin. You may do a survey yourself and obtain similar results. This is because during the IP Claim sale phase a large number of Resellers convinced companies that the only way to protect their IP interests was to buy a $90 IP Claim, and that by buying it their interests would be secured.
* Thos who are aware that they do not have any special chances of getting their domain name are not aware that they would need to fork out $1500 per domain name to win their domain name back if a Speculator gets it.
* Over the last 2 months since the .BIZ Round Robin process was announced, a large number of Customers have approached us, and other Registrars who we have spoken to to apply for Domain Names in the Round Robin process. We took a distribution set of these clients and found out that over 96% of these clients are speculators.
* In .INFO there were well over 1500 Sunrise Challenges and over 10000 more filed by Afilias itself at a value of $249 per Challenge it comes to a wastage of over $2.8 million. Additionally a large number of genuine IP holders still missed out on their domain names
* When we initially investigated various business models of various Registrars, we realised that in the .BIZ queue too a large number of domain names would end up going to the Speculators resulting in Domain Name and IP mayhem of the kind never seen before. Speculators could hold IP Claimants ransom since IP Claimants would need to spend $1500 to obtain a name with no guarantee of results
* We decided therefore to work an alternative strategy and assist only IP Claimants in obtaining their names. Therefore we have submitted all our names through various other key Registrars as well as our own queue on behalf of only IP Claimant holders. We have put in our details for the Registration of the name and will change that after registration to the appropriate IP Claim Holder and transfer the domain name to them. This was the only way to prevent Speculators from getting hold of these names and then IP Claimants having to file an expensive STOP proceeding.
* i have been practically inundated with email and chat from various genuine IP Claimants who were never aware of the fact that by having the ip claim they would not get the domain name. All of them have been thankful that someone atleast bothered to put up 10 pages of comprehensive information to educate them on the issue. some of the names of clients who have used our consultancy to improve their chances include Samsung, SEIKO, Intuit, Suzuki etc
* We clearly DO NOT take an ip claimants domain name unless the ip claimant actually wants us to do that. We also do not CHARGE ANYTHING to multiply their chances right now - we charge ONLY if we successfully register the name for them
Lastly I would like to say - that as a Registrar i had numerous offers from speculators ready to offer me HUGE amounts of money for domain name spots in our queue (check enom.com they have bids of well over $15000 for some names). we would have made a lot more money had we decided like all other registrars to entertain speculators.
however i will sleep better at nights knowing that applications in our queue belonged only to genuine ip claimants and we did not cater to ONE SINGLE speculator.....
I would love to have a conversation with any of you about my feedback in further detail if you would wish to speak with me
Regards
Bhavin Turakhia
Directi
http://www.directi.com
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[ Reply to This | Parent
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Response FROM DIRECTI
by bhavin
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>* to quickly answer one of the queries raised in >an earlier response - WE DO NOT EXPECT to >charge the $149 right now - we only expect it >AFTER we manage to get your domain name
>* we do not apply for your name if you do not >wish us to - we cancel the application if you want >us to cancel it
So let me get this right. I have an IP claim. Some reigstrar in India that I've never heard of puts in a applications for my names and the onus is on me to contact you to cancel it??? Get real. You have no right to be submitting applications for clients you've never dealt with. It is a concept known by various terms, among them misrepresentation and FRAUD.
>We have put in our details for the Registration of >the name and will change that after registration >to the appropriate IP Claim Holder and transfer >the domain name to them. This was the only way >to prevent Speculators from getting hold of these >names and then IP Claimants having to file an >expensive STOP proceeding.
sure you will. You have just admitted to cybersquatting there Bhavin...
If you get any of these names then you will be in a position to blackmail the "rightful owners" just like any other cybersquatter. I hope you have some legal entity in the US so that you can be brought to account under the Anti-cybersquatting statute.
>we would have made a lot more money had we >decided like all other registrars to entertain >speculators.
This is also bullshit. Enough of the holier than thou crap. Who appointed you guardian of all IP holders with an interest in .biz anyway??
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