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In the last few weeks, a number of folks have asked me to register names for them as a courtesy with assurance of settling up a bit later. Usually it was some opportunistic hand-registration that was just not in the budget that day. It caused me to ponder about the need for a domain layaway, i.e. the ability to register a domain and and settle up a bit later, e.g. like a post-pay tasting period of up to 72 hours.
As for backorders, Epik already has the cheapest refundable backorders around, e g. $8.49 for .COM. However, many folks cannot afford to tie up $8.49 deposits and some do not even have a credit card that works reliably due to increasingly unfriendly banking practices in some parts of the world. This raised the question of whether Epik should introduce the option of post-pay backorders and again have a 72 hour settlement.
Candidly, I have not assessed the engineering task to deploy these changes but I wanted to assess the market appetite for introducing up to a 72 hour settlement window for approved accounts. To be clear, I don't imagine giving this capability to everyone. However, consistent with our relationship-based approach, I think there might be value in introducing some innovation around these 2 areas to help with bootstrap liquidity.
As for backorders, Epik already has the cheapest refundable backorders around, e g. $8.49 for .COM. However, many folks cannot afford to tie up $8.49 deposits and some do not even have a credit card that works reliably due to increasingly unfriendly banking practices in some parts of the world. This raised the question of whether Epik should introduce the option of post-pay backorders and again have a 72 hour settlement.
Candidly, I have not assessed the engineering task to deploy these changes but I wanted to assess the market appetite for introducing up to a 72 hour settlement window for approved accounts. To be clear, I don't imagine giving this capability to everyone. However, consistent with our relationship-based approach, I think there might be value in introducing some innovation around these 2 areas to help with bootstrap liquidity.