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Old 08-12-2003, 01:36 AM THREAD STARTER               #1 (permalink)
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Are domain names suddenly too sexy?


Are domain names suddenly too sexy?

by Naseem Javed - Abc Name Bank

The courts finally ruled that Gary Kremen, who registered Sex.com in 1994, was the primary and rightful owner of this property, and that Verisign's Network Solutions was wrong in transferring his domain without proper authorization. He also won a $65 million lawsuit against the conman responsible for stealing his name from Network Solutions. Network Solutions is now concerned that a lawsuit may be in the works against them as the con artist has now disappeared from the scene.

Great! Are we now back to sex, names and lies...or is there a moral to this story here?

From the early inception, domain names were treated like third-class citizens in the corporate arenas and also by all the legislative bodies around the globe. After all, these names were very cheap and very easy to get. People hawked their possessions and took large mortgages to buy domain names in anticipation of selling them for millions to some global enterprise. Stealing the names of existing businesses became fashionable. Cyber-squatting became the standard.

During this circus, ICANN, and all the other gate-keepers of this Intellectual Property quietly skated on the fringe and never accepted domain names as hard assets like cars, paintings or songs. Thousands of businesses suffered the abuse, by squatters, registrars and the legal warriors. There was an outcry and yet no justice. This is what made the early domain names the most misunderstood component of intellectual property while all along it was the most essential tool of corporate communication. During the high noon, the frenzy of registration peaked at a million names a day at $75 each.
????: NamePros.com http://www.namepros.com/industry-news/4549-are-domain-names-suddenly-too-sexy.html

Consider this the "Jurassic Period" of the Internet. Now that the populace has found something brighter to play with, the battles have moved to Cyber-Branding, which has landed all of us into a new Name-Economy. Names on the web determine accessibility of the business and are the new drivers of growth and sales with direct impact on the global economy.

There is an explosion of 3rd generation e-commerce strategies and now simply having a flashy web is a thing of the past. You need a sophisticated and a highly structured cyber presence, driven by a maze of groups of sites and a professional domain name hierarchy. Dingbat domains and casual naming is out.

This court decision puts respectability to the whole domain name system and clearly treats them as hard assets.

This article was published with the consent of Abc Name Bank.
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Old 08-12-2003, 07:02 AM   #2 (permalink)
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Darn this guy won $65 million, I still cant believe a company as big as Network Solutions would transger the name without proper authorization from the owner.
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Old 08-12-2003, 09:39 AM   #3 (permalink)
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Re: Are domain names suddenly too sexy?


Quote:
Originally posted by -RJ-
Are domain names suddenly too sexy?

Dingbat domains and casual naming is out.

This is the most important point to come out of the very well written article. It should be everyone's mantra. Just keep saying it over and over and over.
????: NamePros.com http://www.namepros.com/showthread.php?t=4549

Dingbat domains and casual naming is out!
Dingbat domains and casual naming is out!
Dingbat domains and casual naming is out!
Dingbat domains and casual naming is out!
Dingbat domains and casual naming
Dingbat domains and casual naming is out!

If you reg a domain that is not 2 or three letters or is not keyword rich, then don't expect to get more than reg fee for if YOU DON'T DEVELOP IT FIRST!
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Old 08-12-2003, 09:41 AM   #4 (permalink)
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Quote:
Originally posted by Sharpy
If you reg a domain that is not 2 or three letters or is not keyword rich, then don't expect to get more than reg fee for if YOU DON'T DEVELOP IT FIRST!

????: NamePros.com http://www.namepros.com/showthread.php?t=4549
You dont know how much I agree with that... I have seen tons and tons of threads in apparisals where we have to keep saying. $regfee
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Old 08-12-2003, 04:12 PM   #5 (permalink)
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I also agree - but have to add that
Dingbatdomains.com is available
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Old 08-12-2003, 07:15 PM   #6 (permalink)
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Quote:
Originally posted by seiya
Darn this guy won $65 million, I still cant believe a company as big as Network Solutions would transger the name without proper authorization from the owner.

Won it, But will probably never see it...
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Old 08-13-2003, 12:25 AM   #7 (permalink)
 
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NetSol is going to have to pay it! Of course he'll see it!
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