Australia's Generic Net Names To Be Put Up For Auction
Posted by
ryuzaki0
on from the generic-dot-something-hey-you dept.
m0f3z writes: "According to this article,
auDA has organised to auction off previously reserved internet names, such as hotel.com.au and banks.com.au. It's believed the auction is the first of its kind in the world."
Domain name reverse auction
by
rdl
·
· Score: 3, Insightful
I actually had the idea several years ago, when tangentially involved with a ccTLD commercialization project, to auction domain names in a "virgin" domain on a first-come, first-serve, reverse auction basis. I'm sure others have as well -- auctions are a standard way to distribute scarce resources, like RF spectrum.
On day one, offer any available name for USD 100m. (first come first-serve intraday). Second day, USD 50m. Third, USD 25m...
Certainly there would be few/no sales at the higher price, but at some point, domains like "anal.*" would go for a high price. And single-letter domains. I like this system because it allows users to decide what domains are valuable, and whoever values the domain the highest, gets it. It really seems like the only fair way to distribute the resource.
It's better to do reverse vs. forward auction because otherwise bidding for popular domains could drag out for some time. Forward auction might increase prices if there is a "bidding war". Some of the details can be tweaked.
However, it's unclear if this kind of sale would be ok with ICANN (or at the time, IANA). Not that it particularly matters; they're pretty much morally bankrupt at this point, and if the proceeds went to the country involved, I doubt they could successfully protest.
If anyone with a ccTLD wants to do this, please email me, I'd be happy to set it up for you, I have the code:)
Why stop there?
by
heretic108
·
· Score: 4, Interesting
Why don't they go the whole hog:
1) Abolish ownership of all domain names, and replace it with a system of 12-month leases, issued by auction.
2) At end of every 12 month period, auction each domain name again?
Hell, even as it is, you can't register a.org.au domain unless you're a legally incorporated association. You can't register a.com.au unless you're a legally registered business, and the domain name has to be the same as the business' trading name.
I was born in, and spent the first 32 years of my life, in Australia. Looking at it from outside, I'm fascinated how the 'convict streak' there is paralleled by a severe authoritarian streak.
Hell, it's even against the law there to webcast an audio or video stream without a government license.
I'm surprised they haven't yet legislated to force all TCP/IP connections to go through Censorship Board firewalls.
I've spent 5 of the last 7 years in New Zealand (by virtue of my Kiwi wife), and I've never felt so free!
-- --
In the beginning was the WORD, and the WORD was UNSIGNED, and the main(){} was without form and void...
1) Abolish ownership of all domain names, and replace it with a system of 12-month leases, issued by auction.
Jesus, wouldn't that be hell to maintain? Imagine having to be the person to update potentially millions of DNS records every 12 months? Imagine having to pay to have the same web address every 12 months, and because it's an auction, your competitor can bid on your web address and force you to spend more money on something you already have?
I'm for exactly the opposite, buying a web address and from then on, it's YOURS. If you don't want it anymore, you can sell it. Leasing it does nothing but make money for the organizations who sell the leases, otherwise they have no use what-so-ever. DNS issues would/should be taken care of at your ISP.
Note: I am NOT speaking from a(n).au perspective, I'm speaking of the entire registrar as a whole.
1) Abolish ownership of all domain names, and replace it with a system of 12-month leases, issued by auction.
There is no ownership of domain names. In Australia, and most other places, they _are_ leased. In Australia, domains like.com.au are leased for two years periods. I also note.com,.net,.biz,.info etc are leased too. You can't claim to own them because you don't.
More self interested fucks will set up crap spamware sites with 50 banners each.
I have to ask, do people actually make money off this shit? I mean, how valuable is "sex.com" or "banks.com.au" does anybody go to these sites (more than once)?? (and http porn is so passe. . . .;)
I think people would of have realized by now that people don't typically type shit like sex.com in their browser, but use a search engine. Space.com is a fairly cool site, but I don't visit it because of the domain name / advertising, but because the content is fairly decent.
Anyways....
Many people type in domain names. Some of my company's adult oriented domain names such as cocksuckers.com and fucked.com get thousands of visitors daily. And many do cum again:-)
There's certainly value in generic domains in.COM, but the real question is a similar value in other TLDs. To date, it appears there is not. For example, adult oriented generic.ORGs and.NETs are typically worth about 1% of their.COM counterparts. And ccTLDs are often worth even less - often to the point of being practically worthless.
KRE lost his fight, now auDA sells off everything
by
Anonymous Coward
·
· Score: 2, Informative
Robert Elz was dead against this. His standard was that you got foobar.com.au if your company was called foobar and not otherwise. Nice clean system.
But he lost his fight to keep.au and now the moment auDA gets control they throw out all logic.
"Highest bidder? Excellent way to ensure a logical address space. No ethical problem as long as we get a lot of money for it!"
Although the best time to do this would have been 1 year ago or so, this is a pretty savvy way to generate some money. Last year, during the dotcom boom this auction would have made 10x as much money, but I guess they hung on too long.
Actually, I would hold onto these domains for another 6 months or so when the supposed rebound is to happen- probably get more money then, but I guess they need the money now.
Imagine the $s if the US government sold the name "slashdot.com" to the public....
-- Vote monkeys into Congress. They are cheaper and more trustworthy.
-- Vote monkeys into Congress. They are cheaper and more trustworthy.
Will the auction be online?
by
Anonymous Coward
·
· Score: 2, Funny
Hmm... auction.com.au. Or is that up for auction, too?:-)
Not open season
by
purplemonkeydan
·
· Score: 4, Informative
It's not 'open season' on whatever stupid domain name you want (I was looking at nudists.com.au;).
.com.au requires you to hold a business name or trademark similar to the domain you want to register.
To successfully win in the auction, you needed to have a valid and relevant trademark or business name current as of last August.
It's mainly for companies that had a generic name as a trademark, but due to the existing policies of the previous.au administration were not allowed to register an appropriate.com.au (Orange comes to mind; they can probably pickup orange.com.au as well as their current.net.au).
First of it's kind?
by
Zocalo
·
· Score: 3, Informative
I don't know about "it's believed the auction is the first of its kind in the world" but wasn't one of the new TLDs auctioned off? Sure, it got classed as an illegal lottery, but it was still an auction of domain names to the highest bidder.
Actually this makes a lot of sense to me; raise a shitload of cash for nothing and then watch the new owners of the vastly overvalued domain names struggle to recoup their investment while you laugh all the way to the bank. This scheme sounds suspiciously like the 3G mobile auctions in the UK a few years ago; the government got £26 *billion* for a few leases on the RF spectrum. Like, sure, there is £26 billion to recouped from 3G in a population of less than 60m...
-- UNIX? They're not even circumcised! Savages!
Yes, probably open season in the future
by
Nailer
·
· Score: 2
To successfully win in the auction, you needed to have a valid and relevant trademark or business name current as of last August.
Okay, the last August thing sorts things out for now. But what about the generics not taken after the auction that are still valuable? Someone's gonna register business names ASAP for every domain they can. Its not like its ever been trivial to form a business. It takes seven hundred dollars, a visit to incoporator.com.au or a similar site, a dropp in to your lcoal ASIC office, and and about forty minutes depending on travel time. They'll then wait for the `you must have had a business by this date' to roll forward to the date they started and band, they have their domain.
And its been done many times in the past by business trying to register generic domain names. Jeff Kennet, a politicial, simply formed a company to register jeff.com.au. And apple gets their generic domain name.
How about applecomputer.com? Orangemobile.com?
Why does every large business expect a god-given unfair advantage over smaller competitors?
Last year a company called CentralNic, who operate a registry for uk.com and many other similar domains, decided to auction off all the generic names they had previously held back. The main difference is that CentralNic did it for charity, and not to line their own pocket.
Not actually a good business plan
by
Zeinfeld
·
· Score: 2
Strange as it may seem, this is not likely to be an optimum business strategy. The reason is that the value of a domain is also dependent on the amount of use it gets. Domains with few registrations attract less interest than those with many.
If the.au people cherrypicked the best 100 domains they might have an optimal plan. However the chances are that they will get far too greedy and take 10,000 or 100,000.
What it comes down to is the same economics as baseball cards. The scheme does not work if the card companies cherry pick all the best cards before they sell them.
--
Looking for an Information Security student project suggestion?
Try http://dotcrimeManifesto.com/
Re:KRE lost his fight, now auDA sells off everythi
by
kimba
·
· Score: 2
Robert Elz was dead against this. His standard was that you got foobar.com.au if your company was called foobar and not otherwise. Nice clean system. But he lost his fight to keep.au and now the moment auDA gets control they throw out all logic.
You clearly don't know what you are talking about. You still must be eligible for the domain name under the auction. So if you want sex.com.au you company must be called something like "Sex" as of 13th August 2001.
auDA hasn't and isn't throwing out the eligibility requirements of domain names, it is simple allowing people to register forbidden generics under those same rules.
seriously, my friends and I (in Australia) always end up going with.com
.au requires all manner of paperwork and fuss, and nearly as much money, and in the end u have to type 3 more characters everytime.
-- 'There is a Light that never goes out.'
Re:australia rant - you'll see more bad stuff here
by
Mandelbrute
·
· Score: 2
Just don't come by boat - or we'll push you out to sea!
If someone runs a plane into one of your buildings our leaders will whip up as much hysteria and racism as they can to win election (Apparently Australia was the number 3 target of Bin Laden - fortunately reality didn't match fantasy), while only providing token support. More military resources were used to chase refugees than were sent to Afganistan - and get this, we sent the NAVY to Afganistan and the SAS (part of the Army) to hassle refugees north of Australia. This government is actually suggesting to businesses that they should outsource all of their IT work to another country (India).
You'll hear a lot more about Australia and IT, and I don't think any of it will be good.
Slashdot Mirror
I actually had the idea several years ago, when tangentially involved with a ccTLD commercialization project, to auction domain names in a "virgin" domain on a first-come, first-serve, reverse auction basis. I'm sure others have as well -- auctions are a standard way to distribute scarce resources, like RF spectrum.
:)
On day one, offer any available name for USD 100m. (first come first-serve intraday). Second day, USD 50m. Third, USD 25m...
Certainly there would be few/no sales at the higher price, but at some point, domains like "anal.*" would go for a high price. And single-letter domains. I like this system because it allows users to decide what domains are valuable, and whoever values the domain the highest, gets it. It really seems like the only fair way to distribute the resource.
It's better to do reverse vs. forward auction because otherwise bidding for popular domains could drag out for some time. Forward auction might increase prices if there is a "bidding war". Some of the details can be tweaked.
However, it's unclear if this kind of sale would be ok with ICANN (or at the time, IANA). Not that it particularly matters; they're pretty much morally bankrupt at this point, and if the proceeds went to the country involved, I doubt they could successfully protest.
If anyone with a ccTLD wants to do this, please email me, I'd be happy to set it up for you, I have the code
Why don't they go the whole hog:
.org.au domain unless you're a legally incorporated association. You can't register a .com.au unless you're a legally registered business, and the domain name has to be the same as the business' trading name.
1) Abolish ownership of all domain names, and replace it with a system of 12-month leases, issued by auction.
2) At end of every 12 month period, auction each domain name again?
Hell, even as it is, you can't register a
I was born in, and spent the first 32 years of my life, in Australia. Looking at it from outside, I'm fascinated how the 'convict streak' there is paralleled by a severe authoritarian streak.
Hell, it's even against the law there to webcast an audio or video stream without a government license.
I'm surprised they haven't yet legislated to force all TCP/IP connections to go through Censorship Board firewalls.
I've spent 5 of the last 7 years in New Zealand (by virtue of my Kiwi wife), and I've never felt so free!
-- In the beginning was the WORD, and the WORD was UNSIGNED, and the main(){} was without form and void...
More self interested fucks will set up crap spamware sites with 50 banners each. ;)
I have to ask, do people actually make money off this shit? I mean, how valuable is "sex.com" or "banks.com.au" does anybody go to these sites (more than once)?? (and http porn is so passe. . . .
I think people would of have realized by now that people don't typically type shit like sex.com in their browser, but use a search engine. Space.com is a fairly cool site, but I don't visit it because of the domain name / advertising, but because the content is fairly decent.
Anyways....
1q2w3e4r5t6y7u8i9o0pqawsedrftgthyjukilo;p'azsxdcf
But he lost his fight to keep .au and now the moment auDA gets control they throw out all logic.
"Highest bidder? Excellent way to ensure a logical address space. No ethical problem as long as we get a lot of money for it!"
I'm upset they breath the same air I do.
only to be parrelled by the Verisign business model. Per bit they have to be the most sucessful digital product vendors on the planet.
How we know is more important than what we know.
Although the best time to do this would have been 1 year ago or so, this is a pretty savvy way to generate some money. Last year, during the dotcom boom this auction would have made 10x as much money, but I guess they hung on too long.
Actually, I would hold onto these domains for another 6 months or so when the supposed rebound is to happen- probably get more money then, but I guess they need the money now.
Imagine the $s if the US government sold the name "slashdot.com" to the public....
Vote monkeys into Congress. They are cheaper and more trustworthy.
Hmm... auction.com.au. Or is that up for auction, too? :-)
It's not 'open season' on whatever stupid domain name you want (I was looking at nudists.com.au ;).
.au administration were not allowed to register an appropriate .com.au (Orange comes to mind; they can probably pickup orange.com.au as well as their current .net.au).
.com.au requires you to hold a business name or trademark similar to the domain you want to register.
To successfully win in the auction, you needed to have a valid and relevant trademark or business name current as of last August.
It's mainly for companies that had a generic name as a trademark, but due to the existing policies of the previous
Actually this makes a lot of sense to me; raise a shitload of cash for nothing and then watch the new owners of the vastly overvalued domain names struggle to recoup their investment while you laugh all the way to the bank. This scheme sounds suspiciously like the 3G mobile auctions in the UK a few years ago; the government got £26 *billion* for a few leases on the RF spectrum. Like, sure, there is £26 billion to recouped from 3G in a population of less than 60m...
UNIX? They're not even circumcised! Savages!
To successfully win in the auction, you needed to have a valid and relevant trademark or business name current as of last August.
Okay, the last August thing sorts things out for now. But what about the generics not taken after the auction that are still valuable? Someone's gonna register business names ASAP for every domain they can. Its not like its ever been trivial to form a business. It takes seven hundred dollars, a visit to incoporator.com.au or a similar site, a dropp in to your lcoal ASIC office, and and about forty minutes depending on travel time. They'll then wait for the `you must have had a business by this date' to roll forward to the date they started and band, they have their domain.
And its been done many times in the past by business trying to register generic domain names. Jeff Kennet, a politicial, simply formed a company to register jeff.com.au. And apple gets their generic domain name.
How about applecomputer.com? Orangemobile.com?
Why does every large business expect a god-given unfair advantage over smaller competitors?
Last year a company called CentralNic, who operate a registry for uk.com and many other similar domains, decided to auction off all the generic names they had previously held back. The main difference is that CentralNic did it for charity, and not to line their own pocket.
If the .au people cherrypicked the best 100 domains they might have an optimal plan. However the chances are that they will get far too greedy and take 10,000 or 100,000.
What it comes down to is the same economics as baseball cards. The scheme does not work if the card companies cherry pick all the best cards before they sell them.
Looking for an Information Security student project suggestion?
Try http://dotcrimeManifesto.com/
Robert Elz was dead against this. His standard was that you got foobar.com.au if your company was called foobar and not otherwise. Nice clean system. But he lost his fight to keep .au and now the moment auDA gets control they throw out all logic.
You clearly don't know what you are talking about. You still must be eligible for the domain name under the auction. So if you want sex.com.au you company must be called something like "Sex" as of 13th August 2001.
auDA hasn't and isn't throwing out the eligibility requirements of domain names, it is simple allowing people to register forbidden generics under those same rules.
Why does anyone use .au?
.com
seriously, my friends and I (in Australia) always end up going with
.au requires all manner of paperwork and fuss, and nearly as much money, and in the end u have to type 3 more characters everytime.
'There is a Light that never goes out.'
If someone runs a plane into one of your buildings our leaders will whip up as much hysteria and racism as they can to win election (Apparently Australia was the number 3 target of Bin Laden - fortunately reality didn't match fantasy), while only providing token support. More military resources were used to chase refugees than were sent to Afganistan - and get this, we sent the NAVY to Afganistan and the SAS (part of the Army) to hassle refugees north of Australia. This government is actually suggesting to businesses that they should outsource all of their IT work to another country (India).
You'll hear a lot more about Australia and IT, and I don't think any of it will be good.