What is the use of domainers for society?

Started by beingchinmay, Sep 05, 2022, 03:04 AM

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beingchinmayTopic starter

Can domainers provide any advantages for society?

Domainers, also known as intermediaries, do not create anything that benefits society. In fact, they are regarded as a societal problem. The only parties that benefit from domainers are domain registrars and services that make a profit from them.

However, if domainers were non-existent, wealthy individuals would purchase attractive domain names from other sources, which would result in lower prices but more complexity in buying domains. Conversely, individuals with a smaller budget would have access to more appealing domain options.

As a wise individual once stated, "Domains must be used for their intended purpose."
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jeyavinoth

Are doctors and gravediggers the only ones who benefit society?

In general, doctors and gravediggers are the two professions that benefit society. The work done by doctors provides a steady stream of work for gravediggers too.

However, it's important to note that everyone will face death someday, including doctors. In fact, gravediggers can be considered the most valuable members of society since they play an essential role - maintaining cemeteries.

Although society might create a variety of institutions, cemeteries are among the most important. As a result, if you are not a gravedigger, you might feel useless from this perspective, but it's not accurate. There are numerous ways to contribute to society and make a difference.
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fordhenries

Do domainers provide any benefits or is their work essentially useless?

Often underfunded brands complain about domainers who they believe are exploiting the domain market. They argue that domainers are speculators who bring no value to society. Have you ever received such accusations?

These complaints are just whining from people who don't have the funds to buy high-value domain names. They expect that creating a beautiful name comes cheap, and they feel entitled to own these names. Such attitudes disregard the hard work and entrepreneurial spirit of domainers.

The service that domainers provide is quite specific- we keep attractive domain names for individuals with enough money to purchase them at a significant cost. As entrepreneurs, we operate within the framework of existing market opportunities, complying with the law and paying taxes as an LLC/sole proprietor or individual.

Even though domainers offer valuable services to those with adequate funds, detractors will always exist. Entrepreneurs from various industries are often accused of being parasites. These accusations may arise from envy, a sense of powerlessness, or other reasons. However, throughout history, entrepreneurs have continued barking dogs, but merchant caravans have successfully moved forward.

Sometimes, a potential buyer of an attractive domain is too busy with other business projects, and isn't able to acquire the domain at that particular time. In this case, the domainer recognizes the worth of the domain and purchases it for themselves. Six months later, when the buyer has enough funds, they express interest in acquiring the domain, and buy it at a higher price. This is an example of the value that domainers add by providing a valuable service. At different times, everyone has their own role to play, and there is a place for everyone in this industry. Unfortunately, those who cannot afford such valuable domain names might not appreciate the value that domainers provide, pointing fingers and remaining critical without understanding the dynamics of the market.
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kushalmalik

Domainers are investors who purchase and maintain promising domains either to launch their project in the future or sell them for a profit. This practice is now attracting interest from numerous businesspeople and corporations. It's much easier to reserve a domain in advance than to look for a suitable name once all the best options are taken. However, people often confuse domainers with cybersquatters, but there's as much difference between these terms as there is between a programmer and a hacker.

The primary difference between cybersquatters and domainers is that cybersquatters register domains that are identical or similar to well-known trademarks. They do this with the intention of selling the domain or generating more traffic. Cybersquatting is illegal, and individuals who participate in such activities can face administrative charges. Conversely, domainers' practices are entirely legal.

Although courts find it difficult to determine if someone is cybersquatting on a domain, they base such decisions on various factors such as similarities between the domain name and the established trademark. The difference between these two types of domain owners is significant, and it's essential to understand the distinction.
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