Can there be a new dot com bubble related to crypto domain names ? Is it worth investing in that ?
France recently tried to steal the france.com domain from its rightful owner. If france is awarded the domain, squatting on domain names could become less lucrative and profitable as there could be a greater precedent for large entities stealing domain names from their rightful owners.
The French government is being sued over the way it has sought to take over the France.com web domain.
In 2015, France started legal action against Frenchman Jean-Noel Frydman, who had registered France.com in 1994.
Two years later, a French court ruled in France's favour and the government began to lobby domain host web.com to take control away from Mr Frydman.
And now Mr Frydman, who built a business around the domain, says France has "illegally" seized the site.
He says France.com was taken away from him without warning in mid-March.
And he has now begun legal action in Virginia in a bid to regain control of it.
Mr Frydman is suing the French Republic, its Ministry of Foreign Affairs, the Atout France tourist agency and domain registrar Verisign.
He alleges the government did not ask to license or buy the domain and instead "misused" the legal system to seize it.
http://www.bbc.com/news/technology-43949289There are merchants like
namecheap.com which sold domain names as low as $0.88. Lower pricing, wider availability and greater domain name flexibility, in terms of there being a wider assortment of standardized domain name prefixes to choose from could make it easier to sidestep people holding on to domain names.
Domain name squatting is an old thing. Years and years ago(I'm talking decades), people could buy a domain name like sony.com and sell it to sony for $50,000 to $100,000+. I'm not certain whether that still happens. The golden age of domain name HODL'ing could have ended awhile ago.