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In the past, if a domain name was already registered by another party, it was generally advisable to choose a different name. Whether current owners list domains for auction for a specified period of time or provide an instant purchase option, the domain auction has become an important tool in uniting buyers and sellers in the quest for the ...
In 1999, a group of employees at Jomax Technologies were brainstorming a new company name, with "Big Daddy" being a popular suggestion. However, finding this domain name already taken, "Go Daddy" was purchased instead. [9] Parsons believed this to be a simple and memorable name. [9] Jomax Technologies rebranded to GoDaddy in February 2006. [10]
The domain aftermarket is the secondary resale market for Internet domain names in which a party interested in acquiring a domain that is already registered bids or negotiates a price to effect the transfer of registration from the registered holder of that domain name.
In 1993 the U.S. Department of Commerce, in conjunction with several public and private entities, created InterNIC to maintain a central database that contains all the registered domain names and the associated IP addresses in the U.S. (other countries maintain their own NICs (Network Information Centers) -- there is a link below that discusses Canada's system, for example).
Domain name front running is the practice whereby a domain name registrar uses insider information to register domains for the purpose of re-selling them or earning revenue via ads placed on the domain's landing page. By registering the domains, the registrar locks out other potential registrars from selling the domain to a customer.
A domain name registrar is a company, person, or office that manages the reservation of Internet domain names. A domain name registrar must be accredited by a generic top-level domain (gTLD) registry or a country code top-level domain (ccTLD) registry. A registrar operates in accordance with the guidelines of the designated domain name registries.
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