Of course, though I'm not the primary shareholder. But it still makes
sense that when allocating new TLDs, they will be done on a
first-come-first-served basis, like all other established domain
name systems to date. If not, you're going to see legal challenges
to what would then be arbitrary allocation. If there are other companies
that want to run registries, where are they? They don't need to be
"renegade" to post a single message that says, "by the way,
xyz corporation is planning on being a registry, and was thinking
about using the .xyz TLD."
To propose, by the way, that a highest-bidder gets it is rather
frightening. Where does all that money go? And why require
such an obscene amount, as the "good" names would then
generate? That pretty-much precludes a non-profit from running
a registry under any name considered "valuable" by a company
with a lot of money.
For that matter, perhaps I'll bid a cool million (sealed, of course)
for .IBM. Maybe .NIKE? Come on.
And as a shareholder of a company that could certianly put
up a sizable bid, this would only benefit me, while having the
downside of delaying profits and causing the price of domain
names to be artifically high so that the company could make
back its huge bid.
Frightening.
Christopher