Re:Domains are inefficiently priced -- small domain owners a...
by eru on Wednesday August 18, 2010 @05:00PM
(#1615585)
Instead of selling domains, they could lease them, and auction off the new lease once the old lease has expired.
Most auctions would probably not be contested, and you had the same situation as before. But for the interesting domains, ICANN could thus capture the value of the domain.
Neither this or the current solution (what you describe) is preferable from the outside. It's just that different parties capture the values of the domains. (And if I were to make the rules, you can bet that I would ensure that I capture the value. Or at least some of it.)
Most auctions would probably not be contested, and you had the same situation as before. But for the interesting domains, ICANN could thus capture the value of the domain.
Neither this or the current solution (what you describe) is preferable from the outside. It's just that different parties capture the values of the domains. (And if I were to make the rules, you can bet that I would ensure that I capture the value. Or at least some of it.)