This is great news. I like the direction of the domain industry and it is inevitable.
I hope all this parked page garbage and PPC arbitrage gets eradicated by all the search engines. They offer nothing to internet users. It is pure garbage and waste.
Rick has not contributed any site that consumers found useful. Yes, he has been a good seller of domains. He sells land and parking lots but has no balls to develop and build.
The domain industry is moving towards the right direction. If you can not contribute to the internet community and surfers then what you are is a borderline spammer if the reliance is parked pages with links. Links and static content is a waste.
So yea, I am thrilled to hear the news. For all those who are developing their domains, thumbs up. It will be the only long term strategy. And it makes sense. Why have land that it is not developed? Might as well be a desert. Go to Dubai and see what development of land means. And yes they are profiting from it.
So you can keep your land and plant a cactus here and there but who ever visits it will certainly desert it. I would rather visit a place with people and real, genuine transactions. No tricks and borderline spam.
Feel free to disagree with me but hey we all have our opinions about his industry. I just look at it as a value driven economy to engage consumers and real commerce (and why not get some repeat visits while we are at it).
Cheers,
Constantine
Blog:
Entrepreneur.pro