DomainNames.com is back in the spotlight as it will be in the live auction at NamesCon. This is not the first time this year that spotlight has shined on the category defining domain name.
Earlier this year Yinan Wang, (OwnType on Namepros) posted about how he purchased the name for $2,577 and then had the name pulled back from him, using the old TOS allows it.
Yinan posted back in February
Hi, guys
I’m the buyer of DomainNames.com, I did the search via NetworkSolutions.com on 12.Feb, and found it’s in their premium domain name lists with a very bargin price $2,577 (yes, it’s a big bargain but a deal is a deal). Then I ordered it and paid via credit card.
This domain name is under control of New Ventures Services Corp and everyone knows it is NetworkSolutions/Web.com’s warehousing company. All their domain names will be listed as premium domain names for sale on NetworkSolutions.com.
Once I made my order, Netsol sent me a order confirmation email. After 3 days, Networksolutions pushed the domain name into my Netsol account with a confirmation email to notify that my order has been completed, and I have the full control on it. I changed the DNS to my own hosting account.
But NetSol has removed it from my account today without any notifications nor explaination.
I will update further later.
When asked why he didn’t transfer out? He replied:
I manage all my domain names at Godaddy. So when I have this domain name in my account on 14th Feb (Beijing Timezone), I requested the auth code. Net Sol has a policy that they provide auth code in 3 days (not like other registrars provide auth code immediately by email). Today is the 3rd day, and they removed the domain name.
This domain name has under my control for 2 days.
When I wrote about this on TheDomains.com, commenters were for the most part supportive of Yinan.
DomainNames.com was purchased for $2,577 and now it’s been taken back
I am replying to Namescon email regarding my domains accepted, and linking this for clarification to why I will not be dealing with Namescon due to relationship with this issue. I suggest those here do the same. We are a product of our environment, and a relationship with dishonest dealings will carry the reputation forward.
NamesCon Rep says there is more to the story. dont believe everything you read on the internet.
which is unfortunately true, last time I trusted the internet too much I was sending money western Union to the king of Ardabil to release the billion rupees his ancestors left him.
but fact is , we should see the storey of the other side come on here and hash it out with the original poster, but no, they wont, they dont appear on here. just hide and lick the grease off their immoral paws. ( referring to netsol if story is true. )
Well whoever gave that reply? The story Yinan Wang told was true, bottom line.
This post here shows screenshots of the whole transaction.
Yinan purchased DomainName.com after the transaction with DomainNames.com was over.
Net Sol will go with this:
In addition, you acknowledge and agree that we reserve the right to reject or cancel your Premium Domain Name registration for any reason including, but not limited to, any pricing errors. In the event your Premium Domain Name registration is rejected or cancelled, for any reason, we will refund in full the amount of the purchase price for the Premium Domain Name as your sole remedy hereunder.
ftp://ftp.networksolutions.com/partners/Agreements/NetworkSolutionsServiceAgreement.pdf
It’s interesting that Net Sol would want to sell the name, back in 2011 I wrote a post here about how they were using the name in advertising.
This auction brought the topic back up on Namepros and interestingly one poster mentioned they contacted a NamesCon rep about their domains that were accepted.