Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: toheed2x on March 13, 2019, 12:47:26 PM
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Got $10M?
The domain Ethereum.com is for sale, but potential buyers may experience sticker shock. In land-grabbing spirit, the owner purchased the domain in 2011 and is now selling it for a small fortune at $10 million. Indeed, the domain's registration date precedes the launch of Ethereum by a little over four years.
However, some legal-minded redditors https://www.reddit.com/r/ethereum/comments/azzrca/ethereumcom_is_for_sale/
believe the owner's possession of the domain to be cybersquatting. Nick Johnson of the Ethereum Name Service noted that simply asking for money for the name is enough to be considered cybersquatting, as a similar argument was made in Microsoft vs. MikeRoweSoft.
Another redditor added that if a domain bears resemblance to a trademark and is not being used, the owner could potentially lose the name. That said, case law is not definitive regarding acts of cybersquatting.
Source: https://www.ethnews.com/distributed-digest-tuesday-march-12-2019