discuss Backorder companies are catching everything

Dave said:

How many registrars does dropcatch.com own or collaborate with now? 1000? 1500? I think I read somewhere around this number.

Would need some serious investment to be able to compete with that.

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Skyvisum said:

I thought a better software can do this and not the size of the registrars they have?

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Skyvisum said:

I thought a better software can do this and not the size of the registrars they have?

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Ollie3000 said:

Would be a massive task - crowd funding would be the best bet with ads running on NPs etc. Target of an initial say £100k would be needed then future injections of at least the same amount with a contingency for more. Like @Dave said the amount invested in 'development, co-lo proximity, algorithms, lowering network latency etc' would take a large chunk of any budget.

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erchaman said:

My opinion is that last days was dropping 3339.com , I went for it and backorderer it in almost all dropcatching companies, no1 it seems catched... and still didn't noticed the sale report and whois update... I wish I have a dropcatch company and uses my features to catch 'em all.. No way...

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anantj said:

It was caught and is in auction at Namejet/Snapnames (I'm in the auction though the price is far far beyond my capacity

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Dave said:

I'm confused. The registrar that caught it showed as "Dropcatch Landing Spot".

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anantj said:

Approx cost of one registar accreditation - https://www.icann.org/resources/pages/financials-55-2012-02-25-en
This is not counting the cost to run the registrar business, developing the dropcatching technology, platform, people cost etc. 100K might not cut it to compete with Dropcatch (at least if you want to be competitive within the couple of years

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Ollie3000 said:

.....then there's the actual registrars to deal with.

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anantj said:

What registars? You are becoming the registrar as a dropcatcher (or several to be even remotely relevant)

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bobbarato said:

https://www.icann.org/resources/pages/governance/current-en

some fascinating financial info at that page and associated pages

https://www.icann.org/en/system/fil...imbursement-payments-directors-28oct17-en.pdf

https://www.icann.org/en/system/files/files/remuneration-practices-fy17-01jan17-en.pdf

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anantj said:

No idea about this. Please see the screenshot in my previous comment (I edited it while you were posting your comment

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bobbarato said:

ShowerThought...if I started a name drop catching company...I would name it DungBeetle.

Good thing I have day job. ..rolling rolling rolling...

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Ollie3000 said:

Yea agree - £100k would have to be the minimum starting point. Especially if icann needs $70k working capital to start. Then future injections of £100k (not sure how many at this stage). I would say you would need a clear £300k to actually get this type of thing actually running.

.....then there's the actual registrars to deal with.

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stub said:

Here's a tip for everyone using DropCatch's discounted backordering service. DON'T DO IT! Have you read their ToS? It allows Huge Domains to look at all the discounted backordered domains and for them to place a full priced backorder for the domain, or to just outbid you in any ensuing auction.

The only way to ensure privacy of your backorder is with a full priced backorder.

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Dave said:

There's 100,000+ Namepros members. If everyone pitched in together to raise money, we could build something to knock dropcatch.com off their perch.

Who's with me?

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Dave said:

Andrew does deserve it but in saying that here's a thought.

Has anyone ever thought there's enough domainers and developers at Namepros that together with a combined pool of funds we could build a system to challenge this guy....? Just saying.

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Trent1000 said:

There are a lot of threads about this issue, going back for a long time without any change. In fact it's getting worse as I see. But this is what I run into as was researching the subject from 5 years ago.



Five years ago they were just "a black hole", now they are about to be a supermassive black hole, to use Kate's words.

So i'm in.

Otherwise they might reach a point that can be only defined as the singularity of domaining.

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davidc1 said:

where have you seen that in their tos ?

For sure many customers come to me due to problems with hd...

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DropCatch Tos said:

1. Discount Club The Discount Club is a backorder program for customers interested in backordering multiple .Com and/or .Net domain names at rates far lower than that of standard backorders. The Discount Club employs a name your price model, allowing you to name your price for the Discount Club backorder between $15 and $58 USD. A customer may place a Discount Club backorder in the amount of their choosing in this specific monetary range.
   1. A successful Discount Club backorder is a backorder where there are no regular priced backorders, no Corporate Partner backorders, and that user has the highest Discount Club backorder bid. If you placed a successful Discount Club backorder you will be charged the bid amount you selected when submitting the Discount Club Backorder.
   2. Discount Club backorders are considered third tier backorders and receive third tier (“Last”) prioritization as explained in in this Agreement per section “Backorder Prioritization”. This means that if there is a regular Full Priced backorder on a domain, or if there is a Corporate Partner backorder on a domain, this is considered a failed Discount Club backorder and the customer will not be charged nor awarded the domain and the domain will be awarded to one of the higher tiered prioritizations.
   3. Discount Club backorders do not trigger auctions.
   4. If there are multiple Discount Club backorders, and no regular priced backorders nor Corporate orders for the domain, the Discount Club backorder at the highest price will win the domain.
   5. If DropCatch is unable to register the domain on behalf of the Discount Club customer, this will be considered a failed Discount Club backorder and the customer will not be charged and information will be presented why the Discount Club backorder was unsuccessful.
   6. In the event two Discount Club backorders are placed at the exact same price, the user who chronologically placed the first backorder in time will be awarded the domain name, unless that first user later removed the Discount Club Backorder before the Cutoff Time as detailed in this Agreement.
   7. Failure to make a payment for a successful backorder within 96 hours (4 days) of that backordered domain being registered by DropCatch will result in an immediate termination of your DropCatch account and the domain will be treated as an “Unpaid Backorder" per this Agreement.
   8. Discount Club backorders are third in line of an order of prioritization, to learn more read the section of this Agreement pertaining to “Backorder Prioritization”. This program is designed for customers purchasing many domains each day. If you want to have the best chance at successfully capturing a domain name, place a Full Priced backorder ($59 for .Com and .Net domains). Do not use the Discount Club as it is the very last priority.
2. Backorder Prioritization Backorder prioritization is as follows: 1) Full Priced backorders and auctions; 2) Corporate Partner; 3) Discount Club backorders.
   1. A Full Price backorder will have first priority (“Highest” priority) and right in obtaining a backordered domain. A Full Priced backorder will have precedent over any other type of backorder. (i.e., Corporate Partner backorders and Discount Club backorders.) You must use the Full Priced backorder option if you are seeking to backorder a valuable domain name.
   2. If a Corporate Partner or a Discount Club member place a backorder, and another customer places a Full Priced backorder on the same domain, the Full Priced back order will receive the domain should DropCatch be successful in acquiring this domain name. A Full Price backorder will always trump and receive the domain over Corporate Partners and Discount Club backorders.
   3. Likewise, if a Corporate Partner places a backorder on a domain a Discount Club customer places a backorder, but there is no Full Priced Backorder, the Corporate Partner will have priority over the Discount Club customer at obtaining the domain. If you participate in Discount Club backorder you expressly agree that you understand Full Priced backorders and Corporate Partner backorders always take precedence when it comes to prioritization of which user will be awarded a domain. To get your best chance at getting a desired domain you must place a Full Priced backorder on that domain name. Do not use “Discount Club” backorder in such events as it has the lowest priority in the DropCatch system.
   4. There are no auctions if there are merely multiple backorders between the three different prioritization groups, but not two Full Priced Backorders. Please see the following examples for clarification:
      1. If a Corporate Partner places and backorder, and a Full Priced backorder is placed, the domain will automatically go to the Full Priced backorder.
      2. If a Discount Club customer places a backorder and a Full Priced backorder is placed on the same domain, the domain will be awarded to the Full Priced back order.
      3. If a Corporate Partner places a backorder and a Discount Club customer places a backorder on the same domain, but there are no Full Priced backorders. the domain will be awarded to the Corporate Partner.
      4. If two or more Discount Club customers place a backorder on the same domain, the domain award will follow the process set forth with relation to the Discount Club section of this Agreement. (Highest bid first, with ties going to the first bidder.)
      5. If two or more Full Priced backorders are placed on the same domain, the domain will go into auction as set forth as a part of the Auctions section of this Agreement. Note: this is the only situation in which domains will go into public auction.

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