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The Lowdown
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Jan. 31, 2008 Post
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Here's the The Lowdown
from DNJournal.com! Updated daily to
fill you in on the latest buzz going around the domain name
industry!
Compiled
by Ron Jackson (Editor/Publisher)
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Talk
about dropping the ball! A European company
paid $75,000 for Video.us last April in
the largest .us transaction on record. Today the domain
was dropped and immediately picked up by |
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drop catcher Pool.com
(through registrar Secura GMBH) who will now auction
the domain off to the highest bidder. Since the
original owner obviously would not willingly discard a
name they had recently paid $75,000 for, we have to
assume they ran afoul of the .us registry's |
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Nexus
requirements.
The rules state that you have to be a U.S. citizen or
have a business presence in the U.S. to hold a .us
domain. The fact that the name was cancelled and
returned to the registration pool (if only for a
millisecond) before it's original expiration date would
also support this scenario. Quite an expensive lesson to
learn!
(Posted
Jan. 31, 2008) |
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