So I was reading a post on Namepros that was dealing with front running domain auctions.
The op actually had a front runner contact them on a domain they owned in another extension.
They actually posted the back and forth, which you can read here.
After that the conversation became about how NameJet should stop this and how they don’t really care about it in the opinion of some.
Another member Grego85 posted,
Why would they? Seriously.. think about it.
I replied with this,
Forget about why would they? How could they? I am not cheerleading for NameJet and I think there are things they can do better. I have never engaged in front running, but how could NameJet stop it.
So Goodtreats.com is expired on NameJet (hypothetical example), a human being decides to hit Google, corp directories, etc… Starts asking them if they would be interested in purchasing the name? How can NameJet prevent that? What legal standing would NameJet have if they knew about it? which in cases where the front runner doesn’t also email domain investors like in the coinsociety case would be less than 1% in my estimation.
Do we all know right now who is contacting businesses that have no understanding of NameJet/GoDaddy auctions? Plenty of people are probably out there sending off emails trying to get a bid.
I think aftermarkets have a lot of things they need to fix, but I cannot see how they can prevent front running, because if it was done right, where the spam monkey knew to avoid contacting domain investors, the aftermarket and domainers would never know what was going on in the first place.
Some have a position front running is not wrong and don’t see the problem.