How drop-catch works

Started by Atcomaart, Oct 06, 2022, 02:18 AM

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AtcomaartTopic starter

Why are some drop-catch services more successful than others? What are losers missing?
Is there any topic or guide on how they work technically? I Googled, but I haven't found anything good yet.
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microsoftcygnet

The Deferred Repayment period is an addition to the ICANN Registrar Accreditation Agreement (RAA) that allows the registrant to return his domain within a few days after its expiration. This time interval depends on the TLD, and usually ranges from 30 to 90 days.
Prior to the introduction of RGP by ICANN, individuals could easily participate in the interception of domains in order to extort money from the original registrant to buy their domain name back.

After the expiration of the period between the expiration date of the domain name and the start of the RGP, the status of the domain changes to the "redemption period", during which the owner may be required to pay a commission (usually about $ 100). to reactivate and re-register the domain.
The ICANN RAA requires registrars to delete domain registrations after the second notification and expiration of the RGP. At the end of the 5-day "deferred deletion" phase, the domain will be deleted from the ICANN database.

Drop Catch Services
For particularly popular domains, there are often several parties waiting to expire. Since then, competition for expiring domain names has become the domain of the fall-catching services.
These services offer to allocate their web servers to protect the domain name when it is available, usually at an auction price.
It is difficult for people with their limited resources to compete with these firms for very desirable domain names.

Retail registrars such as GoDaddy or eNom save names for auctions using services such as TDNAM or Snapnames, through a practice known as domain warehousing.
Cargo capture services are provided by both Registrars accredited by ICANN and non-accredited Registrars.
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techtrendsit

When DropCatch successfully registers the domain being deleted, the domain will be put up for public auction.
DropCatch auctions are public. Any auction user who has passed DropCatch verification can participate in the auction. The auction participant who offers the highest price will receive the right to own the domain name.

After DropCatch receives payment for the domain, the ownership of the domain name passes to the auction participant who offered the highest price.
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