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The Bellevue, Washington company plans to sell domain names wholesale to registrars such as GoDaddy, Network Solutions and the like.
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The only group Icann has elated are the registrars such as GoDaddy and Network Solutions that sell domain names to the public.
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Brand management firms, like Mark Monitor and Internet Identity, already send rogue site addresses to registries and registrars, the middlemen who sell domain names, to have them pulled off the Web.
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The man says he registered the Web names for legitimate fundraising, but following a press inquiry, he does not intend to use or sell the domain names.
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To some, the application period earlier this year was a golden opportunity to acquire domain names they could sell to registrars like GoDaddy or keep for themselves to create online businesses or expand existing ones.
WSJ: Wheeling and Dealing for Domain Names
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As of early 2010, the disputed domain name was registered to Gioaccino Zerbo, who was using it both to sell NFL merchandise and to redirect Internet surfers to other team sites.
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The Geneva-based World Intellectual Property Organization this month ordered the domain name worldwrestlingfederation.com transferred to its trademark owners after someone registered it and offered to sell it back at significant profit.
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