| At Large Membership and Civil Society Participation in ICANN |
|
|
|
|
|
This discussion has been archived.
No new comments can be posted.
|
Auerbach Weighs in for gTLD Lotteries
|
Log in/Create an Account
| Top
| 49 comments
|
Search Discussion
|
|
The Fine Print:
The following comments are owned by whoever posted them.
We are not responsible for them in any way.
|
|
 |
No need to apologize, and I think we are generally in agreement. I never stated that ICANN is running a pyramid scheme, only that it many ways it looks, feels, and smells like one, which I think is of itself undesirable. I do maintain that the speculative bubble has largely burst. I suspect that the registering of domain names in the hopes of resale has largely disappeared as there is now a relatively long history of lack of success in this endeavor amongst most who engaged in it. I have also written previously here and elsewhere regarding some of the supposed success stories (such as beauty.cc allegedly selling for $1million) which turned out to be scams. Indeed many of the most ballyhoed success stories turned out to be at least dishonest and at worst scams. What we now have is speculators going to WLS where it makes more sense to pay more than a registration fee for a pre-owned 1a2b3zzz.com if it has considerable traffic than to pay $7million for business.com (another scam) if it doesn't generate traffic. Thus does ICANN, some registries, and some registrars (and perhaps some resellers) keep its ship afloat. This new speculator bubble will also probably pop in good time. -g
|
|
|
[ Reply to This | Parent
]
|
| 1 reply beneath your current threshold. |

Privacy Policy: We will not knowingly give out your personal data -- other than identifying your postings in the way you direct by setting your configuration options -- without a court order. All logos and trademarks in this site are property of their
respective owner. The comments are property of their posters, all the rest © 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008 by ICANNWatch.Org. This web site was made with Slashcode, a web portal system written in perl. Slashcode is Free Software released under the GNU/GPL license.
You can syndicate our headlines in .rdf, .rss, or .xml. Domain registration services donated by DomainRegistry.com
|