Will the other registrars be far behind?
Will there be "domain names" in 100 years?
How come they still can't beat the discount registrars's prices.
How come they still can't beat the discount registrars's prices?
LOL
Maybe they're waiting to unveil their Millenium Plan - register for 1000 years at only $6.99 per Year!*
* Domain years must be consumed within the lifetime of the original registerer. Domains may not be transferred. Other limitations may apply. See our website for details.
In many U.S. states, a homebuyer will buy both the land and the house. However, in some states (such as Hawaii), a buyer purchases the house and leases the land on a long-term lease.
At first, it may seem at first bizarre that someone would buy a multi-million dollar house but not the land. However, leasehold transactions usually happen when the property owner doesn't want to sell the land or wants to collect long-term revenue from it.
Now, some people can buy multi-million dollar homes outright, but most people choose to take a mortgage on the property. One of the key requirements to get a mortgage on a leasehold property is that the lease to the land will last longer than the mortgage.
I wonder if a 100 year registration will allow people to secure very popular single-word domains and then lease out their use on a contractual basis.
It would allow the registrant to show long-term income, and it might allow the person leasing the domain to get a business loan to afford the lease.
Those are some first thoughts, looking at the service.
If you are a billion dollar company, do you honestly think anyone is going to care about 1000$ for the website domain?
If you think about what is involved about getting tasks done in a large company, especially important ones as this, you'd realize it probably just costs about $1000 in company salary just to re-register the domain.
I don't think the issue is the time, I think the issue is the details of the contract..
Sorry, I guess NSI was late in their "opt in" mail outs. :P
This is certainly a clever tactic on the part of Netsol... if you buy 10 years of domain name registration from anyone (including Netsol), you still have the option of moving your domain name to another registrar if you become dissapointed with your current registrar's service.
Now, what happens if you pay $999 to Netsol and a few years later you decide you want to move to a different registrar? Since you can legally only register up to 10 years at a time, my guess is you're out of luck. Netsol probably won't refund the excess.
Heck, as a reseller I make it my job to keep track of all my website client domain accounts. If they registered through me and continue to host their site through me, I automatically renew their domain and invoice them. Protection without the long term committment. And I doubt that I am the first to offer this service.
