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SnapNames switches to an auction based system
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Looks like Next Registration Rights is back online, but nothing has changed.
SnapNames has now launched their site. It looks decent.
With bidding ids, they've added a bit of transparency to who is bidding, although not much. Wiser folks would choose obscure ones like "Donald Duck" or "Mickey Mouse", or "Disney Corp", etc. to fool other bidders, thinking strategically.
They've given bidding credits to prior SnapBack holders, instead of refunds, so that's a bit of a controversy. it's understandable, as they might not have the cash to be able to finance refunds for all, if funds were spent on funding operations the past few years.
They need to add alternative payment methods for higher priced auctions, such as Wire Transfers. One doesn't want to lose a name due to a credit card company refusing a large charge, when funds are sitting in the bank ready to be wired on a moment's notice.
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| - Re:Update
by fnord
Wednesday August 11 2004, @05:46PM
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http://www.icannwatch.org/article.pl?sid=03/06/15/ 1610230&mode=thread
Domain Name Acquisition and Management System and Method
U.S. Pat. Appln. No. 10/016497
Filed November 1, 2001
The claims not discussed in that previous ICANNwatch article relate to conducting a post-drop auction among participants who expressed interest in obtaining a domain. Surprise, surprise...
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