.eu Domain Name Landrush Scandal
Bob Parsons, the founder of GoDaddy wrote an interesting post about the new .eu domain name registration scandal. Basically the EU domain registry made it way too easy to become an official domain name registrar. For as little as $12,000 pretty much anybody can be a domain name registrar. From there you could landgrab as many .eu domain names. It doesn’t take a rocket scientist to realize that with some domains selling for six figures, there is plenty of money to be made from buying up .eu domains early and often. It’s a good read. You should check it out.
