[ncdnhc-discuss] Re: WLS proposal

[Marc Schneiders]

On Mon, 17 Jun 2002, at 20:22 [=GMT-0400], James Love wrote:

> Here is an important reason why domain holders would be better off under
> my proposal.   During the 30 day period when people signed up for the
> lottery to get the expired name, anyone who wanted could contact the
> previous owner of the domain, and ask them to reregister the name
> (permitted during the 30 day period), and then sell it.  If the domain
> holder had let the domain expire by mistake, they would then be alerted.
> If the domain holder did not make a mistake, they would then be informed
> that (a) the domain has value and (b) the name of one or more persons
> willing to buy it.  In every case where someone actually contacted the
> previous owner of the domain, the domain owner would be better off.

Two points:

1. It might not be clever to alert the old owner, if one wants the domain.
He may renew (because he forgot), or ask a very high price. And you won't
get the name then. Going for the lottery (esp. if it is not a name that
many would want to have) can be a more sensible option.

2. Speculators will love it. They will let their names expire, just to
find out who is interested and how much...