A good way to waste a lot of money and get sued.
eBay seller priccut88 wants to help you land in legal hot water — all for a one time payment of just $2,000.
The user is selling a list that apparently has 25 million companies that haven’t yet registered their domain in .xxx.
Here’s the seller’s description:
This is your opportunity to cash in on billion dollar companies that are scrambling to register their domain names that end in .xxx. A recent court ruling has allowed domains ending in .xxx to be valid. With that, corporations ranging from Facebook, Wal-Mart, Google, General Electric, Yahoo, Ebay, etc have all scrambled to purchase their names ending in .xxx. For example, Facebook.com purchased Facebook.xxx. One person has already cashed in by purchasing a corporation name ending in .xxx and the corporation paid $164,000 to get the rights to their name.
Oh really? What domain was that?
Let me give you some advice: the $2,000 you spend on this list is just the beginning of the cash you’ll shell out once you get hit with a lawsuit.
Here’s another smart way to throw money down the drain: register a trademark in .xxx and then list it on eBay for some ridiculous sum.
That’s what a Connecticut man did with FoxStudios.xxx.
After registering the domain in December he listed it on eBay for a $1.975 million.
When you see something like this it’s a pretty good bet the person doesn’t know much about domain name law.
Fortunately for this registrant his only penalty will be handing the domain over.