…otherwise they’ll just keep on stealing, and that couldn’t possibly be good for them or their general karma, could it?

I’m referring to the add/drop scheme, described in great detail by Bob Parsons, CEO and Founder of GoDaddy. In a nutshell, folks “in the know” can register domain names (by paying their fee), sit on them for 5 days (earning search engine affiliate revenue all the while), then cancel the registration and get their money back. Then they do it all over again.

This is due to a loophole in ICANN policy meant to allow registrars to correct mistaken registrations, but it has gotten out of hand. Take a look at Bob’s article, and if you know anything more, please post a comment here (or there) to keep this conversation going.

Technorati Tags: greed, domain name, web advertising

This entry was posted on Tuesday, May 2nd, 2006 at 1:26 pm and is filed under geeky tidbits, rants. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.