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auDA's RANSOMWARE POLICY

Discussion in 'General Domain Discussion' started by Scott.L, May 16, 2019.

  1. Scott.L

    Scott.L Membership: Trader

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    auDA Member:
    Yes
    I've coined the phased Ransomware policy because it does (in my opinion) capture the way auDA has designed their conflicted names policy.

    auDA should rethink charging an admin fee for an escrow service on conflicted names because it's actually, RANSOMEWARE POLICY - defined as, holding multiple registrants hostage to the expectation they will get a product when they keep paying for it until everyone else stops paying for it

    Example:

    3 registrants are after 1 exact match domain across 3 different name spaces each pay an undisclosed admin fee (let's say $10) that's collectively $30 per year for 1 domain which none have actually acquired for use.

    Now let's multiply by 3 years, that's $90 raised for a domain that doesn't exist except in escrow.

    Now let's say, in the 4th year, 2 registrants don't renew, auDA has charged these people a yearly fee for a domain name they could never receive.

    Now multiply that by 90,000 conflicted domains with possibly 250,000 people involved.

    = BIGGEST SCAM ON EARTH.
     
    Bacon Farmer likes this.
  2. snoopy

    snoopy Membership: VIP

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    Agree. It is probably a "fee for no service".

    What is the good or service that people are receiving for this fee?
     
  3. Scott.L

    Scott.L Membership: Trader

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    auDA Member:
    Yes
    Nothing, Its a tax on the high end of town for holding a valuable domain.