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Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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A
heavily advertised auction
of
geo-targeted real estate related domain names will be
held tomorrow (Thursday, June 11) at the Fairmont
Hotel in San Francisco. The live sale,
being |
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conducted
by the J.P.
King Company, an Alabama based real
estate auctioneer, will get underway at 1pm U.S.
Pacific time (4pm Eastern). Internet bidding, a staple
of most live domain auctions, will not be available for
this event. Over 2,600 domains owned by Craig Harrison
of RealEstateNet LLC have been broken into
geocentric lots for the sale. Most follow the form (City
Name)RealEstateListings.com. You can see
the full list here. The
no-internet auction format, a 20% buyer's premium
that will be added to winning bids and the nature of the
names in the catalog indicate the sale is primarily
targeted toward real estate industry end users
rather than domainers. Even so many domain industry media
sites
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(including
DN Journal) were utilized in J.P. King's ad
campaign and Moniker.com was picked to handle
escrow services for the sale. It will be interesting to
see how this unique auction strategy (for a domain
portfolio) plays out.
Internet Commerce
Association Legal Counsel Phil Corwin
has been working overtime lately. Last night he
filed a letter
on behalf of the ICA with the U.S.
Department of Commerce, urging the DOC to
Extend and Revise its Joint Project Agreement with
ICANN that expires Sept. 30. ICANN,
eager to escape U.S. government oversight, does
not want to renew the agreement, but Corwin
makes a compelling case for the DOC to block
ICANN's rush for the exit.
The letter expresses
ICA’s continued support for the principles
underlying ICANN’s creation as well as for its
eventual full transition to an independent,
private sector-led technical coordinator of the
domain name system (DNS). However, Corwin
wrote, "when measured against the concerns
articulated by ICA in its February 2008 submission
to DOC’s Midterm Review of ICANN’s
performance, adequate |
ICA
Legal Counsel Phil Corwin |
progress has not
been made to justify termination of DOC’s
“light touch” relationship with ICANN - nor
have adequate steps been taken to assure that
ICANN will not be “captured”, politicized, and
transformed into an unaccountable Internet
regulator following the termination of the JPA."
Given the way ICANN
has routinely ignored input from the
Internet community when making decisions (even
when that sentiment is virtually unanimously
opposed to ICANN proposals) I thought
they were already an unaccountable
regulator - but I digress.
Corwin goes on to
explain, point by point, the areas where ICANN has
been lacking, as well as those where they have
made progress. I urge you read the letter in its entirety.
The legal and regulatory environment is shifting
under domain owner's feet and if situations like
this are not closely monitored many are likely to
find themselves put out of business by their own
indifference. |
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For
all current Lowdown posts - Go
Here
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We need your help to keep giving domainers The
Lowdown, so please email [email protected]
with any interesting information you might have. If possible,
include the source of your information so we can check it out (for
example a URL if you read it in a forum or on a site
elsewhere).
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