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by jedberg
2264 days ago
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Price discovery is easy. Every domain is available once a year. Anyone can bid. If you want to keep the domain, you pay 1% of the highest bid, otherwise the bidder gets it (they have to put in the money to secure the bid). The only downside is that well capitalized bidders could harass small owners with outsized bids, if they were willing to possibly end up with ownership. |
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