[razakel]

>There should be some regulatory mechanism for domains if the owner doesn’t use them for something meaningful, they should pay and increased price for it, and/or lose the ownership after a certain amount of time.

There is, they're called "trademarks".

[zsoltkacsandi]

Trademarks only help after you've built something and are recognized as a brand. They don’t help indie developers, small startups, or creators at the starting point who just want to launch a project with a reasonable, memorable domain name. On top of that, pursuing a trademark or legal dispute over a domain isn’t approachable for most people—it’s time-consuming, expensive, and often out of reach for solo devs or small teams.

The current system encourages mass domain hoarding purely for profit, which ends up killing innovation and creativity. Trademarks don’t solve that, and they’re not meant to.