[beeflet]

I don't intend to solve this problem entirely, just to displace this business model of squatting domains, which is a massive waste of domain space.

First past the post is "good enough" for me if the intrinsic value of the domain to you is greater than the domain registration fee of like 3-10 bucks a month.

There shouldn't be a major reselling market, that would be like if the majority of space in the yellow pages was just advertisements that said "your business ad here!"