RE: UKNM: Marketing Quality Domains

[Lee Bryant]

To answer your question with a silly analogy....


Imagine if we built a new country (the Web) and land was �100 per sq m, but

a handful of people in the know (domain name warehousers) bought it all up

and then tried to re-sell it at �200,000 per sq m; this would mean that most

of us would end up as poor tenant farmers who don't own their land (and with

URLs like www.ispname.com/farmers/~serf.,htm ) and only the richest

corporations would have the resources to live at www.business.com or

www.company.com.


Is this really the bright new empowering world of the net, or is it simply

the worst aspects of capitalism replicated online?


As it happens I'm not a fan of real estate speculators either, but at least

there is an established market and price structure, whereas with first

generation domain names they were effectively free to start with and now

(because of speculation) can cost up to several million a piece.


Don't get me wrong, I'm engaged in capitalist activity myself, and I don't

believe it is wrong per se. I just think that the net gives us an

opportunity to do it better than before and we should take it. I'm all for

first mover advantage, but late adopters should be given a chance too,

especially because half the world did not have the advantage of the US

military industrial complex as R&D and therefore are only just starting to

get online.


Thanks for the debate anyhow.


Lee


-----Original Message-----

From: Kief Morris [

k [dot] morrisbitbull [dot] com (mailto:k [dot] morrisbitbull [dot] com)

]

Sent: 21 January 2000 12:53

To:

'uk-netmarketingchinwag [dot] com

'

Subject: RE: UKNM: Marketing Quality Domains



  > -----Original Message-----

  > From: Lee Bryant [

Leetmg [dot] co [dot] uk (mailto:Leetmg [dot] co [dot] uk)

]

  >

  > I reserve my applause for entrepreneurial initiative that 

  > actually *creates*

  > something or at least fulfills a need. The mass registration 

  > of generic

  > domains by the kind of bottom-feeding parasites who warehouse 

  > names does not

  > create value, nor does it fulfill a need


So do you disapprove of people who buy land without the 

immediate intention to build on it? IMO domain names are

very similar to real estate. Buying domain names on

the speculation that they will have increased value in 

the future is no different from (if a great deal riskier

than) buying land near a massive development project

which is likely to push the value of surrounding land up 

when it is completed. 



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