Re: STI report comments by Leap of Faith Financial Services Inc.

[George Kirikos <gkirikos@xxxxxxxxx>]

One additional point:

26. Purely defensive registrations, as evidenced by them being registered but 
containing no nameservers (and which therefore do not resolve) should have an 
ongoing registry fee (and ICANN fee) of only 1/3rd the cost of a normal domain 
name. This saves TM holders money, and also penalizes registry operators (and 
ICANN) for new gTLDs that contain a large number of defensive registrations. 
Since the domain names don't resolve, that lowers the costs for registry 
operators.

This policy should also apply to existing gTLDs like .com/net/org. If a large 
company like Verizon or Disney has to register 20,000 domain names defensively, 
typos of names that they own, but don't wish for them to resolve (i.e. they 
bought them solely to prevent others from grabbing them instead), that carrying 
cost should be lowered significantly by charging say $2.50/yr instead of $7+ 
per year (of course, once the VeriSign monopoly is broken up by anti-trust 
cases, the "normal" fee might be $2/yr, with the defensive registration fee 
being something like 70 cents/yr).

Sincerely,

George Kirikos
http://www.leap.com/