A large number of Defrauders around the world have registered
Sunrise domain names with fraudulent trademark information in the hope of making
a quick buck. All of these speculators intend to make fast money by offloading these
domain names to strategic buyers. These speculators will probably succeed, however
few are aware of the implications this could have on those strategic buyers.A
Strategic buyer is most likely to buy these domains for the purpose of setting up
a portal or website for themselves. The purchase would result in transfer of the
name from the current fraudulent registrant to the newer registrant. The name would
in effect remain a sunrise name and hence would continue to carry the same trademark
information. Assuming the strategic buyer then builds his website and invests considerable
sums of money to promote his brand name. Any competitor of this buyer can then at
anytime lodge a challenge process against that name for a sum of $295 and have that
domain name deleted since it would not compy with the sunrise regulations. This could
result in devastating effects on the buyer, and may ruin his entire business.
It
is essential that buyers of .info domains keep the following in mind
1) If the
domain name is a Sunrise Registered Domain then the trademark information should
be genuine
2) Its not just necessary that the trademark information be genuine.
It is also essential that the trademark be bought over by the buyer of the domain
name.
All those speculators who have registered fraudulent sunrise names may just
get away with selling these names for a fortune. It is the buyers who will pay for
it dearly if they do not understand the Sunrise regulations clearly.