New gTLDs = Amateur Hour

A NamePros user shared his story about how a .Loan domain he registered six MONTHS (not minutes, hours or even days but M-O-N-T-H-S) ago was clawed back by the registry. I’m sorry but this is yet another reason why the entire new gTLD “phenomenon” is starting to look more and more like amateur hour.

I’m sorry but when something like this happens, action needs to be taken quickly.

Let me ask you, what would have happened if the current registrant had sold the domain to someone else for $10,000 (random number) three months ago?

The new owner would have found out today that he lost his entire $10k investment… who would have compensated him? Nobody.

Or what if the owner would have created a forum and invested $50,000 in promoting it? Good luck with that.

Again, this is “amateur hour” behavior which makes it clear for the gazillionth time that investing in new gTLDs just doesn’t make sense.

And come on, it’s not like this is...

Read The Rest at DomainingTips.com

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