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A comment on Introduc ing the .ing top-level domain. Parent comment

Re:Introduc ing the .ing top-level domain by codingdave on Wednesday November 01, 2023 @04:57PM (#38105110)
It is worse than that - it costs $38,000 if you pre-register to buy it in December. It costs $1.3 Million if you want to snag it today.

This is beyond a money grab.

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Re:Introduc ing the .ing top-level domain by CydeWeys on Wednesday November 01, 2023 @05:01PM (#38105175)
It's called a Dutch or descending price auction and it's a commonly used price-setting mechanism.
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Re:Introduc ing the .ing top-level domain by postalrat on Wednesday November 01, 2023 @06:57PM (#38106562)
Damn. I wanted to buy it today for $10 and sell it for $100,000. How dare they take that from me?
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