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Nameade to Host ICA Auction; Make Donation to ICA

Nameade, a new domain auction venue, is now hosting my auction for PuertoRicanVacation.com. Originally, I listed this charity auction on my blog, and Nameade offered to host it to increase awareness and raise more money to support the ICA. The payment and transfer of the domain name will still be done through me to make things easier.
Nameade is a new site that launched last week. They provide a full service staff that contacts domain owners who are not in or familiar with the domain industry and finds individuals or companies willing to sell their domains. The entire inventory of names secured is then auctioned every two weeks to the domain community.
The idea is to move away from domainer-to-domainer or expired domain auctions and introduce new names into the space which otherwise would not be available.
Nameade will make a $1,000 donation to the ICA in addition to providing the venue for this auction.

Digg This! Don't Let Them Take Your Domain Names!

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Please read the following ICA article and then Digg it!
http://digg.com/politics/Snowe_Bill_Threatens_Domain_Name_Registrants
And if you can, please support the ICA.
The beauty of living in the United States is that we can support an organization that will help make sure our collective voice is heard. The ICA will continue to lobby on our behalf to help change the bill to protect our domain assets. If this bill is passed as is, our domain names could be vulnerable like never before. I don’t understand the logic of not supporting them. I don’t see anyone else stepping up to the plate to lobby and get this bill changed.
I’ve said it before and I will reiterate it again. The Anti-Phishing Act is a consumer (voter) friendly bill that no elected official is going to vote against. We need it changed before it is passed because it contains language that will be detrimental to this business. You might not get sued by someone, but you better believe that if a domain owner does get sued and loses his generic domain name, ALL domain names will lose significant value since they will become much more risky assets. Currently, generic domain names are fairly safe from trademark violations, and consequently they are valued greatly. However, if this bill is passed as is, they may no longer be safe, and their value will drop.
I don’t see anyone else stepping up to represent us other than the ICA. Whether you are big time or small time, if you own domain names, I think you need to support the ICA’s efforts to change this bill before it is passed.   I urge you to read the legislation and then please support the ICA.

Email to My Domain Partners

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I am in the process of reaching out to the companies with whom I do the most business. I am thinking about only doing business with companies who are members of the Internet Commerce Association. Is this a drastic measure? Perhaps, but if we don’t stand up for our rights, do you think anyone else will?
This is the email I am sending to my partners:
“Is xxxxxx a member of the Internet Commerce Association? The recent Anti Phishing Act proposal has some scary language for domain investors, and I think the ICA is our best chance at making sure it isn’t passed as is. I am toying with only doing business with members of the ICA. Please let me know if xxxxxxxx is a member of the ICA, and if not, when they might become a member.
Thanks,
Elliot”

Domain Auction for ICA

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I am auctioning PuertoRicanVacation.com on my blog with ALL funds going to the ICA. Highest bid submitted to my blog by this coming Wednesday, March 5th at 3pm EST will get the name. Bidding will start at $1.00 and there will be $10 increments. Buyer will send payment to me and I will send funds to ICA.
Some recent sales:
CanadianVacation.com – $4,126
CaribbeanVacations.com – $130,000
EuropeanVacations.com – $85,000
IrelandVacations.com – $17,250
AustraliaVacations.com – $16,000
AsianVacations.com – $15,000
BudgetVacations.com – $10,300
CanadaVacations.com – $9,600

ICA Response to APCPA

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I am in Florida for an extended weekend and a meeting, but I wanted to post a couple of links for you to see while I am away.
From DNJournal:

There are parties searching for a way to change laws so they can more easily take domain assets they have no right to away from their current owners. The easiest way to do that is to get language favoring their agenda slipped into an otherwise well-intentioned bill like this that would normally sail through the legislative process with little scrutiny. The dangerous language gets inserted in such a bill through lobbying efforts by people who want to remove current barriers that keep them from grabbing domains they are not entitled to. Combating this sort of legislative sleight of hand is exactly why the Internet Commerce Association was formed and why we think it is critical for domain owners to support the organization. Your very livelihood could be at stake in the legal battles over your assets that are just now getting underway.

Also, Mike Berkens posted the ICA response to the proposed Anti-Phishing Consumer Protection Act of 2008. As stated above, the language in the Act could pose a very serious and very real threat to the health of the domain industry. I am not one for blowing smoke or taking political action, but this is something we should all take seriously.
Whether you have great generic domain names or average domain names it doesn’t matter. If super generic domain names become a target – as many people believe will happen if this bill is passed as is – the value of all domain names will drop significantly due to the risk of owning them. The problem I see is that this language is lumped into a consumer and election-friendly bill that will surely be passed. Who doesn’t want to stop phishing? HOWEVER, we need to make sure this bill is changed before it is passed. We need to protect our assets. If some of the big chips fall, you better believe this will impact your business (assuming you own domain names).
I am a Professional Member of the ICA and I will continue to give what I can. I am still selling my two Australian beach domain names with the $5,000 margin going entirely to the ICA from the buyer (who can get a deduction for it). No matter whether you can contribute $100 or $25,000, you need to join the ICA and help protect your domain ownership rights.

Wire: Threats to the Domain Industry

This morning’s article in Domain Name Wire is an important read for anyone who has money invested in domain names. There are many serious threats to our industry, and if we don’t take some sort of action, the threats could be detrimental to the survival of this industry. When significant money is being made in an industry, there will always be outsiders who want to get their hands on some of the money, and if we don’t get together as an industry, it will be much easier for them to do it.
On a personal note, I am a Professional Member of the Internet Commerce Association, and I encourage everyone with the financial means to join at a level that is comfortable. I’ve met Michael Collins, the Director of the ICA, and I know he is working tirelessly to help protect the industry. The sooner we band together and protect our assets, the better it will be for everyone in the industry.

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