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May 22, 2018, 06:56:03 PM |
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The sudden rise in prices has raised the barrier to entry for new domain name investors.
This has contributed to the emergence of a business which up to recently was under the
radar: drop catching.
Also called ‘domain sniping’, ‘backorder’ or even ‘snap’, this practice consists of registering
an expired domain name as soon as it becomes available.
Indeed, when a person or entity registers a domain name, he, she or it becomes the holder,
for an unlimited duration, as long as the annual renewal fees are paid. Nevertheless, when
a registrant no longer renews the said domain name, the latter enters into an expiration
process
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