Reflections on registry agreement renewals
The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering. At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing. Thoughts? Sent from my Pixel 3XL John Laprise, Ph.D.
What do you mean by “speculation”? -- Mr Michele Neylon Blacknight Solutions Hosting, Colocation & Domains https://www.blacknight.com/ http://blacknight.blog/ Intl. +353 (0) 59 9183072 Direct Dial: +353 (0)59 9183090 Personal blog: https://michele.blog/ Some thoughts: https://ceo.hosting/ ------------------------------- Blacknight Internet Solutions Ltd, Unit 12A,Barrowside Business Park,Sleaty Road,Graiguecullen,Carlow,R93 X265,Ireland Company No.: 370845 From: GTLD-WG <gtld-wg-bounces@atlarge-lists.icann.org> on behalf of John Laprise <jlaprise@gmail.com> Date: Monday 6 May 2019 at 13:47 To: CPWG <cpwg@icann.org> Subject: [GTLD-WG] [CPWG] Reflections on registry agreement renewals The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering. At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing. Thoughts? Sent from my Pixel 3XL John Laprise, Ph.D.
It is a tough one and probably like the famous definition of pornography in the US: "I know it when I see it." Simply though, buying domains for the express purpose of reselling them at a profit. At some level, this practice raises the cost to end users. Sent from my Pixel 3XL John Laprise, Ph.D. On Tue, May 7, 2019, 1:59 AM Michele Neylon - Blacknight < michele@blacknight.com> wrote:
What do you mean by “speculation”?
--
Mr Michele Neylon
Blacknight Solutions
Hosting, Colocation & Domains
Intl. +353 (0) 59 9183072
Direct Dial: +353 (0)59 9183090
Personal blog: https://michele.blog/
Some thoughts: https://ceo.hosting/
-------------------------------
Blacknight Internet Solutions Ltd, Unit 12A,Barrowside Business Park,Sleaty
Road,Graiguecullen,Carlow,R93 X265,Ireland Company No.: 370845
*From: *GTLD-WG <gtld-wg-bounces@atlarge-lists.icann.org> on behalf of John Laprise <jlaprise@gmail.com> *Date: *Monday 6 May 2019 at 13:47 *To: *CPWG <cpwg@icann.org> *Subject: *[GTLD-WG] [CPWG] Reflections on registry agreement renewals
The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering.
At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing.
Thoughts?
Sent from my Pixel 3XL
John Laprise, Ph.D.
John If you want to ban something you need to define what it is. I run a business, so do a lot of you. By your rather vague definition any markup beyond cost would be forbidden, which is ludicrous. John McCormack has answered at greater length, but suffice to say that if there’s an “issue” that needs to be addressed then it needs to be defined clearly and narrowly so that it can be discussed and addressed. Regards Michele -- Mr Michele Neylon Blacknight Solutions Hosting, Colocation & Domains https://www.blacknight.com/ http://blacknight.blog/ Intl. +353 (0) 59 9183072 Direct Dial: +353 (0)59 9183090 Personal blog: https://michele.blog/ Some thoughts: https://ceo.hosting/ ------------------------------- Blacknight Internet Solutions Ltd, Unit 12A,Barrowside Business Park,Sleaty Road,Graiguecullen,Carlow,R93 X265,Ireland Company No.: 370845 From: John Laprise <jlaprise@gmail.com> Date: Wednesday 8 May 2019 at 04:01 To: Michele Neylon <michele@blacknight.com> Cc: CPWG <cpwg@icann.org> Subject: Re: [GTLD-WG] [CPWG] Reflections on registry agreement renewals It is a tough one and probably like the famous definition of pornography in the US: "I know it when I see it." Simply though, buying domains for the express purpose of reselling them at a profit. At some level, this practice raises the cost to end users. Sent from my Pixel 3XL John Laprise, Ph.D. On Tue, May 7, 2019, 1:59 AM Michele Neylon - Blacknight <michele@blacknight.com<mailto:michele@blacknight.com>> wrote: What do you mean by “speculation”? -- Mr Michele Neylon Blacknight Solutions Hosting, Colocation & Domains https://www.blacknight.com/ http://blacknight.blog/ Intl. +353 (0) 59 9183072 Direct Dial: +353 (0)59 9183090 Personal blog: https://michele.blog/ Some thoughts: https://ceo.hosting/ ------------------------------- Blacknight Internet Solutions Ltd, Unit 12A,Barrowside Business Park,Sleaty Road,Graiguecullen,Carlow,R93 X265,Ireland Company No.: 370845 From: GTLD-WG <gtld-wg-bounces@atlarge-lists.icann.org<mailto:gtld-wg-bounces@atlarge-lists.icann.org>> on behalf of John Laprise <jlaprise@gmail.com<mailto:jlaprise@gmail.com>> Date: Monday 6 May 2019 at 13:47 To: CPWG <cpwg@icann.org<mailto:cpwg@icann.org>> Subject: [GTLD-WG] [CPWG] Reflections on registry agreement renewals The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering. At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing. Thoughts? Sent from my Pixel 3XL John Laprise, Ph.D.
Whew! That's a tough one because how do you distinguish what is speculation? Better to just raise prices and bring down the volume, I think. ________________________________ From: GTLD-WG <gtld-wg-bounces@atlarge-lists.icann.org> on behalf of John Laprise <jlaprise@gmail.com> Sent: Saturday, May 4, 2019 8:50 AM To: CPWG Subject: [GTLD-WG] [CPWG] Reflections on registry agreement renewals The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering. At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing. Thoughts? Sent from my Pixel 3XL John Laprise, Ph.D.
Absolutely, it is a tough one. From an Australian perspective, it is an issue we have been grappling with for some time - no easy answers there. My first question - who determines, and how, whether the license to use a name is for speculation or not. Next question - if money is spent for the right to use a name, with the intent to eventually use the name, and so may be considered 'speculative' - is that okay. So yes, it really is a tough one - not easy answers from Oz Holly ----- Original Message ----- From: "Jonathan Zuck" To:"John Laprise" , "CPWG" Cc: Sent:Tue, 7 May 2019 20:51:11 +0000 Subject:Re: [registration-issues-wg] [CPWG] [GTLD-WG] Reflections on registry agreement renewals Whew! That's a tough one because how do you distinguish what is speculation? Better to just raise prices and bring down the volume, I think. ------------------------- FROM: GTLD-WG on behalf of John Laprise SENT: Saturday, May 4, 2019 8:50 AM TO: CPWG SUBJECT: [GTLD-WG] [CPWG] Reflections on registry agreement renewals The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering. At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing. Thoughts? Sent from my Pixel 3XL John Laprise, Ph.D.
And the act of using a domain increases its in some cases Jonathan Zuck Executive Director Innovators Network Foundation www.Innovatorsnetwork.org<http://www.Innovatorsnetwork.org> ________________________________ From: h.raiche@internode.on.net <h.raiche@internode.on.net> Sent: Tuesday, May 7, 2019 8:17:10 PM To: Jonathan Zuck; John Laprise; CPWG Subject: Re: [registration-issues-wg] [CPWG] [GTLD-WG] Reflections on registry agreement renewals Absolutely, it is a tough one.
From an Australian perspective, it is an issue we have been grappling with for some time - no easy answers there. My first question - who determines, and how, whether the license to use a name is for speculation or not. Next question - if money is spent for the right to use a name, with the intent to eventually use the name, and so may be considered 'speculative' - is that okay.
So yes, it really is a tough one - not easy answers from Oz Holly ----- Original Message ----- From: "Jonathan Zuck" <JZuck@innovatorsnetwork.org> To: "John Laprise" <jlaprise@gmail.com>, "CPWG" <cpwg@icann.org> Cc: Sent: Tue, 7 May 2019 20:51:11 +0000 Subject: Re: [registration-issues-wg] [CPWG] [GTLD-WG] Reflections on registry agreement renewals Whew! That's a tough one because how do you distinguish what is speculation? Better to just raise prices and bring down the volume, I think. ________________________________ From: GTLD-WG <gtld-wg-bounces@atlarge-lists.icann.org> on behalf of John Laprise <jlaprise@gmail.com> Sent: Saturday, May 4, 2019 8:50 AM To: CPWG Subject: [GTLD-WG] [CPWG] Reflections on registry agreement renewals The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering. At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing. Thoughts? Sent from my Pixel 3XL John Laprise, Ph.D.
Generically, “speculation” is the purchase of an asset with the hope that it will become more valuable in the future. Speculation tends to imply that the holder of the asset is relying on price movements or other externalities to generate profit, as opposed to investing money in the asset to improve the asset — these are not absolutes, however. For example, house flippers are often termed speculators but they do generally invest in the properties (but with an eye toward boosting short-term value and “curb appeal”). There is also an element of “arbitrage” at play in the domain space — taking advantage of price differences in different areas of the market, or knowledge (e.g., “business intelligence”) gaps between different parts of the market. An arbitrageur tends to take advantage of specific, often short-term, circumstances in the market to create an exploitable gap between the price certain sellers are willing to accept (or must accept) and the price certain buyers are willing to pay. The ability to buy non-fungible assets (like domain names) at a low fixed price and then sell some of those assets at significantly higher prices (because their value to the second buyer has little relationship to the price charged by the first seller) creates an opportunity akin to arbitrage. By contrast, a speculator tends to count on broader market movements (i.e., the tendency of markets to rise over time (while avoiding the need to sell in a short-term market dip). Best regards, Greg On Tue, May 7, 2019 at 8:27 PM Jonathan Zuck <JZuck@innovatorsnetwork.org> wrote:
And the act of using a domain increases its in some cases
Jonathan Zuck Executive Director Innovators Network Foundation www.Innovatorsnetwork.org
------------------------------ *From:* h.raiche@internode.on.net <h.raiche@internode.on.net> *Sent:* Tuesday, May 7, 2019 8:17:10 PM *To:* Jonathan Zuck; John Laprise; CPWG
*Subject:* Re: [registration-issues-wg] [CPWG] [GTLD-WG] Reflections on registry agreement renewals
Absolutely, it is a tough one.
From an Australian perspective, it is an issue we have been grappling with for some time - no easy answers there. My first question - who determines, and how, whether the license to use a name is for speculation or not. Next question - if money is spent for the right to use a name, with the intent to eventually use the name, and so may be considered 'speculative' - is that okay.
So yes, it really is a tough one - not easy answers from Oz
Holly
----- Original Message ----- From: "Jonathan Zuck" <JZuck@innovatorsnetwork.org>
To: "John Laprise" <jlaprise@gmail.com>, "CPWG" <cpwg@icann.org> Cc:
Sent: Tue, 7 May 2019 20:51:11 +0000 Subject: Re: [registration-issues-wg] [CPWG] [GTLD-WG] Reflections on registry agreement renewals
Whew! That's a tough one because how do you distinguish what is speculation? Better to just raise prices and bring down the volume, I think. ------------------------------ *From:* GTLD-WG <gtld-wg-bounces@atlarge-lists.icann.org> on behalf of John Laprise <jlaprise@gmail.com> *Sent:* Saturday, May 4, 2019 8:50 AM *To:* CPWG *Subject:* [GTLD-WG] [CPWG] Reflections on registry agreement renewals
The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering.
At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing.
Thoughts?
Sent from my Pixel 3XL
John Laprise, Ph.D.
_______________________________________________ CPWG mailing list CPWG@icann.org https://mm.icann.org/mailman/listinfo/cpwg _______________________________________________ GTLD-WG mailing list GTLD-WG@atlarge-lists.icann.org https://atlarge-lists.icann.org/mailman/listinfo/gtld-wg
Working Group direct URL: https://community.icann.org/display/atlarge/New+GTLDs
-- Greg Shatan greg@isoc-ny.org President, ISOC-NY *"The Internet is for everyone"*
Tough one indeed. Somebody who buys in bulk tickets for events in order to sell them at a higher price close to the event date is called a “scalper", and according to Italian law is a criminal and can be prosecuted. Somebody who buys domain names in bulk in order to sell them at a higher price is called a "domain investor" and is considered a legitimate business person. Cheers, Roberto On 08.05.2019, at 03:17, h.raiche@internode.on.net<mailto:h.raiche@internode.on.net> wrote: Absolutely, it is a tough one. From an Australian perspective, it is an issue we have been grappling with for some time - no easy answers there. My first question - who determines, and how, whether the license to use a name is for speculation or not. Next question - if money is spent for the right to use a name, with the intent to eventually use the name, and so may be considered 'speculative' - is that okay. So yes, it really is a tough one - not easy answers from Oz Holly ----- Original Message ----- From: "Jonathan Zuck" <JZuck@innovatorsnetwork.org<mailto:JZuck@innovatorsnetwork.org>> To: "John Laprise" <jlaprise@gmail.com<mailto:jlaprise@gmail.com>>, "CPWG" <cpwg@icann.org<mailto:cpwg@icann.org>> Cc: Sent: Tue, 7 May 2019 20:51:11 +0000 Subject: Re: [registration-issues-wg] [CPWG] [GTLD-WG] Reflections on registry agreement renewals Whew! That's a tough one because how do you distinguish what is speculation? Better to just raise prices and bring down the volume, I think. ________________________________ From: GTLD-WG <gtld-wg-bounces@atlarge-lists.icann.org<mailto:gtld-wg-bounces@atlarge-lists.icann.org>> on behalf of John Laprise <jlaprise@gmail.com<mailto:jlaprise@gmail.com>> Sent: Saturday, May 4, 2019 8:50 AM To: CPWG Subject: [GTLD-WG] [CPWG] Reflections on registry agreement renewals The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering. At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing. Thoughts? Sent from my Pixel 3XL John Laprise, Ph.D. _______________________________________________ CPWG mailing list CPWG@icann.org<mailto:CPWG@icann.org> https://mm.icann.org/mailman/listinfo/cpwg _______________________________________________ registration-issues-wg mailing list registration-issues-wg@atlarge-lists.icann.org https://mm.icann.org/mailman/listinfo/registration-issues-wg
Dear colleagues, I used to think it was easy to differentiate between active domains, in the sense that they are used by someone with a Web site or email, versus domains that were used for investment and speculation. Being part of the Domain Name Marketplace Indicators advisory panel taught me that this is a very complicated issue, with a range of fades of grey, from the pure speculators to the web site at the other end. The domain name marketplace indicators latest data has been published recently. https://www.icann.org/news/announcement-2019-04-17-en Kindest regards, Olivier On 07/05/2019 22:51, Jonathan Zuck wrote:
Whew! That's a tough one because how do you distinguish what is speculation? Better to just raise prices and bring down the volume, I think. ------------------------------------------------------------------------ *From:* GTLD-WG <gtld-wg-bounces@atlarge-lists.icann.org> on behalf of John Laprise <jlaprise@gmail.com> *Sent:* Saturday, May 4, 2019 8:50 AM *To:* CPWG *Subject:* [GTLD-WG] [CPWG] Reflections on registry agreement renewals The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering.
At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing.
Thoughts?
Sent from my Pixel 3XL
John Laprise, Ph.D.
_______________________________________________ CPWG mailing list CPWG@icann.org https://mm.icann.org/mailman/listinfo/cpwg
-- Olivier MJ Crépin-Leblond, PhD http://www.gih.com/ocl.html
An interesting question John. One that - notably but not only -Evan and I have kicked around for awhile in numerous conversations over the years. It is this matter of identifying a subject transaction and fencing what you call 'speculation'. While I can find good reasons to apply reasonable restrictions to use, I struggle with the notion of restrictions on pricing that would not offend my sense of equity. The origination of the domain name market makes it even more difficult to find comfort advocating caps for second market transactions where choice exists in the market. Carlton On Mon, 6 May 2019, 1:47 am John Laprise, <jlaprise@gmail.com> wrote:
The recent discussion on this topic has made me reflect on the topic more broadly and I'd like to share something provocative I've been pondering.
At the broadest level, domain reselling and all speculation surrounding domain names should be outlawed outright. ICANN doesn't as a rule tell end users how to (not) use their domains. However there is an argument to be made that speculative behaviour hurts all non-speculative users by increasing pricing.
Thoughts?
Sent from my Pixel 3XL
John Laprise, Ph.D. _______________________________________________ CPWG mailing list CPWG@icann.org https://mm.icann.org/mailman/listinfo/cpwg _______________________________________________ GTLD-WG mailing list GTLD-WG@atlarge-lists.icann.org https://atlarge-lists.icann.org/mailman/listinfo/gtld-wg
Working Group direct URL: https://community.icann.org/display/atlarge/New+GTLDs
participants (8)
-
Carlton Samuels -
Greg Shatan -
h.raiche@internode.on.net -
John Laprise -
Jonathan Zuck -
Michele Neylon - Blacknight -
Olivier MJ Crépin-Leblond -
Roberto Gaetano