Domain Kiting

[domokun]

Entrepreneurs have been taking advantage of a five-day grace period to sample millions of domain names, keeping the relative few that might generate advertising revenues and dropping the rest before paying. It's akin to buying new clothes on a charge card only to return them for a full refund after wearing them to a big party.

Article

Is there anybody here who can give me the run-down on how to start taking advantage of this 5 day "grace period"?

My experience so far when registering a domain is to pick the name I want, pay for it with my credit card and then use it until my contract expires.

How do I not pay for a domain (for 5 days) until I can see if it has potential or not?

 

[Andrew]

Bob Parson's wrote about this a while ago; want in?

"A registrar who participates in this scheme – Go Daddy and its affiliates do not participate in this scheme – makes a large deposit – sometimes a huge deposit – at a registry. Then the registrar registers as many domain names as the deposit will allow. For example, if the registrar makes a $600,000 deposit at VeriSign Registry, they could register 100,000 .COM domain names as .COM names cost $6.00 per year."

So yeah, you really aren't getting them for free.

Hot Points – A blog by Go Daddy CEO and founder Bob Parsons

 

[Thalasar]

Moniker

Moniker allows you to return domains during the 5 day grace period. There is a small fee (5-10% of the price of the domain). But you can test the domain with sedo.com or some other parking monetization provider.

 

[micker]

prior to the whole registerfly debacle, it worked there as well if you were a reseller.