[laughinghan]

"...that's not how business works."

"It's how business works" isn't a justification. A business model being legal and profitable does not make it ethical.

My understanding is, the intention behind society's laws and social norms is for all legal and profitable business models to serve the common good in some small way. What good do squatters do the world, in any way, shape, or form, whatsoever? The effect they have on the world is for good projects to be harder for people to use, by taking up all the good domains. That makes this a bug in our society, that I, at least, would appreciate being addressed.

If you register 10 domains and your project doesn't happen, don't put it on Sedo, let the domain expire like your project did. If you put the domain up for sale, you're already committing to not use the domain to "someday" finish your project.

[scoot]

I've registered a healthy number of domains over the years for projects that didn't go anywhere, including most recently a brandable two-syllable domain that contained two search terms that described the business. I didn't park it, and if after it became obvious I didn't need it if anyone genuine had approached, I would have let them have it. I let it go when it expired, and it immediately got snapped up by a domainer who is now asking $K for it. I don't think your suggested approach solves the problem.