The most expensive registrar ever - $100,000 for one domain!

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Seems like the raise in prices by Verisign has forced this registrar to put up it's prices early. You can register domains @ http://manage.snapnames.com/ for $100,000.00, yes, that's One Hundred Thousand Dollars!

Thanks to this post @ DP http://forums.digitalpoint.com/showthread.php?t=289931

Is this an Aprils fools joke or what?

 

[AzN]

They only do this to prevent registration in their service.
Since snapnames only their interfaces for managing domains, they don't register.
Registration are only provided by their snapback partners.

Easy way of saying it:
Snapname is a backordering service, not a domain registrar.