For Sale SnapNames service change

[Kjel]

SnapNames has expanded the methods we use to acquire expiring domain names for SnapBack holders.

Starting today, if a domain name at Network Solutions expires and is not renewed, the domain will immediately be awarded to the holder of a SnapBack subscription on that name. If there is more than one SnapBack subscription on a particular name, the name will become the object of a short auction among the interested parties, andwill be eventually awarded to the auction winner.

Network Solutions will start checking to see if domains have a SnapBack on them within a few hours from now. Any Netsol registered names with an expiry date of 8/12, 8/13 or 8/14 could be part of this, so you may want to enter those domains into your SN account as soon as possible.

This page (http://www.networksolutions.com/en_US/name-it/pending.jhtml) will have a list of NetSol names/expire dates that may interest potential SnapNames customers; on that page there is also a link to download a CSV file of the
same data. May not be live yet, but will be soon.

Please feel free to contact me and/or our support department with any questions you may have.

Best,

Kjel Holmberg

[email protected]

 

[stuff]

Something like wls? NSI will not let domains drop and snapnames customer will get it?

 

[clemzonguy]

NETSOL finally wised up and went the route of TUCOWS since they own like 79.9% of the quality drops.
This is going to be quite painful for POOL and others.

 

[StockDoctor]

NETSOL finally wised up and went the route of TUCOWS since they own like 79.9% of the quality drops.
This is going to be quite painful for POOL and others.

Wasn't Tucows planning on sharing the proceeds of name sales with the registrant? Which I like. The difference here is that Verisign/Snapnames create a pool type auction and keep all the proceeds for their self ala Pool.
We domainers still get shafted, but will be fun to see if the registrars fly over to Snapnames now from Pool/Enom and the suits start to fly. Maybe el crasho for el pool oh. Like that part.
Doc

 

[cyphix]

Haha... this sounds very interesting!

That's Karma for ya Pool!

 

[Mr Webname]

This page (http://www.networksolutions.com/en_US/name-it/pending.jhtml) will have a list of NetSol names/expire dates that may interest potential SnapNames customers; on that page there is also a link to download a CSV file of the
same data. May not be live yet, but will be soon.

Advanced search to filter out 0-9, - etc would be useful.

 

[NameTower]

hahah.

this is pretty funny

 

[mole]

This is a harbinger of things to come. Every registrar will now be given the green light to manage and profit from their own drops. First Tucows, then Netsol, then GoDaddy, then eNom....

The 3rd party drop services like Pool will die.

 

[chatcher]

... Starting today, if a domain name at Network Solutions expires and is not renewed, the domain will immediately be awarded to the holder of a SnapBack subscription on that name...

What does "immediately" mean? 40 days after expiration? Does Netsol check for a snapback before issuing a delete command to the registry? If so, this will mean domain names with snapbacks never enter redemption period with the registry? Won't that be hard to explain to the former registrant of a valuable name? "We would have allowed you 30 days to redeem your domain name, but there were some high rollers who wanted to buy it from us, so we sold it." Will names with no snapbacks be allowed to delete normally?

And when the names are sold, since they haven't been deleted from the registry, will the creation dates remain unchanged?

From a "conflict of interest" perspective, Netsol now has an incentive to "prevent" the renewal of high-value names.

Very interesting, to say the least. Wonder what Pool's lawyers will be doing tomorrow? Wonder if Verisign and/or ICANN were consulted, or if this was just something cooked up between Netsol and Snapnames?

Will Snapnames continue to chase non-Netsol drops? Will other Snapnames registrars be encouraged to follow suit?

 

[mole]

Very interesting, to say the least. Wonder what Pool's lawyers will be doing tomorrow? Wonder if Verisign and/or ICANN were consulted, or if this was just something cooked up between Netsol and Verisign

I would say, it appears the "competition" has been screwed, to all your wonders. WLS was supposed to happen in August. WLS was knifed like Julius Caeser by the Senate. His ally Brutus stabbed his groin. You get what you give.

 

[StockDoctor]

What does "immediately" mean? 40 days after expiration? Does Netsol check for a snapback before issuing a delete command to the registry? If so, this will mean domain names with snapbacks never enter redemption period with the registry? Won't that be hard to explain to the former registrant of a valuable name? "We would have allowed you 30 days to redeem your domain name, but there were some high rollers who wanted to buy it from us, so we sold it." Will names with no snapbacks be allowed to delete normally?

And when the names are sold, since they haven't been deleted from the registry, will the creation dates remain unchanged?

From a "conflict of interest" perspective, Netsol now has an incentive to "prevent" the renewal of high-value names.

Very interesting, to say the least. Wonder what Pool's lawyers will be doing tomorrow? Wonder if Verisign and/or ICANN were consulted, or if this was just something cooked up between Netsol and Snapnames?

Will Snapnames continue to chase non-Netsol drops? Will other Snapnames registrars be encouraged to follow suit?

Good points. I want an answer from Netsol. I have almost 20% of my domains with them (about 2000) and I need to know if my grace and redemption period protection is now gone if people have snaps on them?
Doc

 

[chatcher]

An additional observation:

In early August, Snapnames switched from a single-slot, limited-chance model to an auction-based, limited chance model. There was some complaining from those who held exclusive snapbacks on valuable names, but since Snapnames was so seldom successful, the backlash was not all that great.

Now a month later, once their system has cleaned out a little, they switch to an auction-based, guaranteed-success (on a considerable portion of names) model.

Of course businesses must evolve to survive, and I don't fault Snapnames or Netsol for changing to improve their chances, but how do you think this news will be received by those who had exclusive Snapbacks on valuable Netsol names and now must bid for them?

 

[clemzonguy]

Wondered why cambler got amazingly silent on this issue when brought up....
http://www.dnforum.com/showthread.php?t=64792

I have almost 20% of my domains with them (about 2000)

Hmm.....so to that means you own 10,000 names. :-O

I am actually very pleased that revenue will be stripped from Pool.
Enom should suffer as well for making us wait a whole year for an effective service. But they can at least convert over to the same type of system. I've actually seen a lot of names which were deleted by "resellers" that I thought were worth a dime or two.

 

[worldengine]

An additional observation:

In early August, Snapnames switched from a single-slot, limited-chance model to an auction-based, limited chance model. There was some complaining from those who held exclusive snapbacks on valuable names, but since Snapnames was so seldom successful, the backlash was not all that great.

Now a month later, once their system has cleaned out a little, they switch to an auction-based, guaranteed-success (on a considerable portion of names) model.

This is a good observation. I think the bottom line here might be that this new system will produce more revenue than WLS ever would have.

 

[stuff]

Wonder what chambler will say now. some time ago he said wls is dead. This new system looks like wls. Only You have to pay more for domains

 

[actnow]

With the present system of domains expiring, the title of the domain clearly passes to
the new owner. (Excluding the TM argument.)

With the Snapnames/Network Sol. new system, the former owner might fight in court
to regain the ownership of the valuable domain.

XYZ.com might not have TM rights. But, might initiate legal recourse on the grounds
that they were not duly notified. And, Network does not have ownership rights. But,
only supplies a service as an agent. (I will let the legal pro's structure the argument.)
And, the new owner would be involved in the lawsuit.

I believe that is one of the reasons BD buys their names at drops is to gain a clear title
to the domain.

And, what happens to the domains that Snapnames/Network sells over the next couple
weeks. And, then, Icann says that they can not do that.

I don't believe Cambler is obligated in any way to comment on this action. A matter of
fact, I am sure Enom's legal advisor would recommend that they refrain from commenting until Icann makes a decision on this.

 

[stuff]

I am sure Enom's legal advisor would recommend that they refrain from commenting until Icann makes a decision on this.

I am sure that it will happen, but also I don`t think that snapnames has not had any legal advice before they launched it, and it will take months maybe even years before they(ICANN) can close it.

 

[David G]

My observation is that NetSol probably has at least 75% or more of the true quality names which drop. That is because over the yrs (including recently) most mid to large size businesses use NetSol, as you probably already know.

I would rank Tucows as the second largest registry of valuable names, especially names owned by good size businesses.

What with both of them now hoarding the names for their own drop services it would seem like this could very well put places like Pool.com, Namewinner and Enom Drop Club out of business with a final nail in the coffin, as all they will have left are the leftovers and low value scaps for the most part.

 

[diederik]

One of the names on the 12-13-14 august list has the following whois now :

Administrative Contact:
Pending Renewal or Deletion [email][email protected][/email]
P.O. Box 430
Herndon, VA 20172-0447
US
570-708-8786

Technical Contact:
Pending Renewal or Deletion [email][email protected][/email]
P.O. Box 430
Herndon, VA 20172-0447
US
570-708-8786

Record expires on 14-Aug-2004.
Record created on 14-Aug-1995.
Database last updated on 19-Sep-2004 13:13:34 EDT.

Domain servers in listed order:

NS1.PENDINGRENEWALDELETION.COM 216.168.225.129
NS2.PENDINGRENEWALDELETION.COM 216.168.225.130

 

[Deleted member 4749]

Good for pool.

My prediction is that the .com game for smaller players is over.
Domains will fetch now more than before. SnapNames will probably get more press attention which will likely attract first of all new end-user players tht will rise the prices even higher and secondly increase public awareness of the value of domains which will result in a fewer drops.
Smaller players and people that can't pay big bucks for .coms will have to look for alternative solutions into alternative extentions. New, meaningful extentions will get a boost.