Find Is Domain Reselling Profitable…The answer is no, you do not own your domain name outright, but guidelines and policies generally secure the domain from being taken from you. At the end of the day,
it is totally possible for your domain name to be seized. You’re renting it from the domain windows registry and they have complete control over what happens with your domain. I have actually spoken about this sanctioned monopoly system prior to which you can learn more about in my “Domain frequently asked question” video however you do not own your domain. It’s in fact impossible to own a traditional domain name. You may have discovered, I said conventional domain name because a company’s working on a brand-new type of domain that you can own outright. I had the chance to talk to Brad Kam the co-founder of Unstoppable Domains to talk more about the future of the decentralized web. And no this video is not sponsored, I simply believed this was truly, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a traditional domain since the domain is kept by you, the user inside of your cryptocurrency wallet. It’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it means that no one else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, no one can do it.
– Right now, when you go to buy a domain name you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain computer system registry. If it’s a.com domain you’re relying on the registry not to alter costs or take the domain away from you in the future.
But if you were to like, you understand envision what things are going to resemble in five to ten years. Yeah, there should be lots of different sellers and resellers and things like that. – Naturally a new kind of domain means that you can’t register.com,. co,. net or any of the standard TLDs you’re used to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being an ideal suitable for your blog or company but we could see some generic TLDs being provided in the future. In the meantime, Unstoppable Domains is dealing with crypto lovers. It’s a completely different domain system, meaning you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT products. You’ve most likely seen this term appear all over recently. Non-fungible tokens are systems of information on a journal, that is the blockchain and they represent a distinct digital product.
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.