Domains and their definitions, background, governing bodies and legal resources...
What are domains?
They are simply a group of numbers and letters (sometimes referred to as a 'web address')
that are attached to an IP address (a series of number sequences) on a
server that provides a location for people to mount spicific
'Domaining' or a 'Domainer'?
According to Wikipedia: "Domaining is
the business of buying, selling, developing and monetizing doamin
names. Domain names are the addresses of the web and come in a wide
variety of extensions(.com, .net, .org being the most common).
are professionals who deal in domain names, buy, sell and develop
domain names very much like a real estate investor would, often
generating income from domain names they own through 'domain parking' and development or through reselling."
The first "dot-com" ever registered was symbolics.com on March 15, 1985.
To ascertain how many domains exist at any given time a great resource is available at domaintools.com to view the current statistics.
When it comes to the largest domain sales some of the largest known include biggies such as bussiness.com at $7,500,000 million dollars in 1999 followed by casino.com at $5,500,000 million dollars in 2003. Recently gambling.com
sold for $20,000,000 million dollars in 2005, but note the sale also
included a fully developed website, which is valued differently than an
undeveloped 'domain only' sale. This is similar to the difference
between the sale of raw land and a property that has been developed.ICANN,
the Internet Corporation for Assigned Names and Numbers, is the
governing body controlling domains globally. Talk continues for
the formation of a more international governmental agency to be formed
through the United Nations, but is still operating in its current configuration. However, the American Center for Law and Justice has assessed the current situation adequately.
When issues involving Trademark and Servicemark infringement or cybersquatting the Uniform Domain-Name Dispute-Resolution Policy, aka UDRP, via ICANN comes into play triggering court action or arbitration first before "a registrar will cancel, suspend, or transfer a domain."
If legal questions arise one registrar, Moniker, recommend the following Domain Legal Specialists:
Berryhill, Ph.d., Esq.
4 West Front Street
Media, PA 19063
(610) 565-5601 Voice
(267) 386-8115 fax
1152 North University Drive
Pembroke Pines, FL 33024