PALM BEACH – What do you do when another company possesses a sought after three-character domain name that you want, wish you had, or wish you would had thought to register for your business many, many years ago? You file a nonsensical UDRP proceeding of course - and shoot for the best. That’s what appears Royal Caribbean Cruises has decided to do with the domain name “RCC.COM”, a relatively cool and extremely diluted acronym with a wide range of uses for companies … [Read more...]
Will JP Morgan’s Launch of Cryptocurrency Further Squeeze Domain Name Sales?
NEW YORK, NY – It’s been a very interesting few years recently hasn’t it? As if there weren’t enough reasons for your typical domain name investor to diversify his online bets, here comes another big one. Financial powerhouse JP Morgan Chase has announced it will be launching its own cryptocurrency called "JPM Coin" with a fixed rate value of $1. The move solidifies a [sort of] ‘questionable’ industry with instant validity in my opinion as JP Morgan acts as the first major … [Read more...]
Attorney Suggests UDRP Process as “Clear Cut”, “Quick” and “Relatively Inexpensive”
NEW YORK, NY – If you’ve been keeping a watchful eye on UDRP cases lately, you’ve likely noticed some real over-reaching land grabs in action, especially those based on three character acronyms, and like me, have been watching is disappointment. I’ve always said that one of the greatest challenges in the domain space in coming years will be growing regulation and corporate theft by those who seek to own the assets of others; assets they did not have foresight to acquire … [Read more...]
ICANN Should Create Penalty for Reverse Domain Name Hijacking (RDNH) Rulings
NEW YORK - Just as a crime with no penalty deters no criminal, a charge of Reverse Domain Name Hijacking serves only as a baseless accusation with no clear consequence. It will not deter any nefarious company from trying to lay claim on someone else’s rightfully owned asset. ICANN needs to place some sort of consequence on this practice otherwise what complainants have to gain from using this tactic is far more then what they have to lose and this practice will just … [Read more...]