Saturday 9 January 2016

Are Domainers CyberSquatters ?



 This is a new year and I just need to say my views to clarify the issue of cybersquartting as it affects domainers. Though, it was an old understatement to call domain investors names. Many people do not agree that domain business is one of the legitimate online businesses; instead, they compare domain investors to cyber squatters. But the business is like buying and selling of land. They refer to domain investors as cyber squatters, as if there is no any right for anybody to buy and sell domain names. 

Domain investors who does not register trademarked domains and typos should be exempted from the so called cyber squatters, because they are doing a legitimate business. I do not believe in cyber squatting for it is not a good idea and more so, there is anticybersquatting law in place. 

 The domain registrar or registry and the domain registrant are not liable to any injunction nor monetary challenge, except when the domain is trade marked or used in bad faith or reckless disregard.

Domain Name as a landed Property
But when you are talking of buying a land or plot of land for your business or residential homes, they believe such is the only right approach; simply because people have accepted it that way.

People who thought domain names trading - the virtual real estate property trading is illegitimate, should remember that once upon a time, lands are acquired by first person, family or clan to settled in a particular place  owns and name the land, except when it is seized from them by power of force, such as war or government authority. 
Land ownership according to context.org is a bundle of rights. 

The first step is to recognize that, rather than being one thing, what we commonly call “ownership” is in fact a whole group of legal rights that can be held by some person with respect to some “property”. In the industrial West, these usually include the right to:
·         Use the land (or not use);
·         Exclude others from using;
·         Irreversible change;
·         Sell, give away or bequeath;
·         Rent or lease;
·         Retain all rights not specifically granted to others;
·         Retain these rights without time limit or review. Etc read more about land ownership

 Therefore the above concepts, shows the procedure in which one can legitimately possess land, and can be sold by the owners, if so wish. I see no reason why people should think acquisition of domain names should be seen as illegitimate business.

Domain investors suffers as much as someone who acquires lands; it takes a lot of money to buy lot and lots of scraps before getting a good one, it cost average of ten dollars to register a .com in the recent time, but one can register more than hundreds of chit domains before getting a chip or good ones. Even though, after having a good one; it costs a lot of money for annual renewals before getting one end user to buy the domain from the owner.

Okay, I still don’t understand why people should say domain business is illegitimate. I studied through the registration agreement issued by every registrar on many occasions; I have never seen anything that proves the business wrong except when bought a trade marked or typo domain or used wrongly. I have seen many people tried to steal domains from the owners by means of legal institutions (URDP), some have failed and some have robbed  the right owners of their legitimate virtual properties. 

See Registrant Right and Responsibilities by ICANN

Tuesday 29 December 2015

Chinese Domain Investment Bubble Or Boom Will it Continue In 2016?



Before I continue writing this article; I first and foremost wish every one of my readers a happy and prosperous new year in advanced.  I hoped for another fruitful 365days of profitable domain name business that will surpass the year 2015.

There are many schools of thought that say the year 2015 is a bubble filled year; the boom that began late last year 2014 and with more high in June and July 2015 is still in full force at the end of the year December 2015. Though, there is a slowdown in December; probably, due to festive season.  Many investors are repeatedly saying the ongoing boom is a bubble and not something to rely and rejoice upon. But many and many had made enormous remarkable and successful fortunes from the referred bubble.

At this juncture, I wish to congratulate Frank schilling who recently sold his entire Chinese domain names portfolio for whopping sum of Twelve Million Dollars ($12,000,000), and many other domainers who also made success in this same singular year 2015 from the Chinese Premium domains.

Domain names and the so called bubble or boom in 2016

The domain name trend outlook for 2016; according to the views of many domain Philosophers  saying the bubble will soon burst and may not last at all, but none of them could precisely say when it will end. But some are saying there is a bright moment ahead and it looks like a continuous trend in 2016.

Chinese Domain Investors and Their Positive Efforts
 
However, what looks like bubble to some people among the western domainers are taking with all seriousness by the Chinese investors. There are many positive efforts going on in full force, even though people are still saying the Chinese bubble may not last; we have seen many domain name auctions and directories sprang up in the eastern world. There are many developmental learning gathering, purposely organized for acquisition of domain ideas and skills in China, where they are sensitizing more interested people to participate in domain business.


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