SkyDomains

Whether or not Kentucky’s gripe is upheld in court is not exactly the point of contemplation here, but the fact that they are setting precedence. The next State will just do it better or pass laws that favor their action.

I think as the Internet gets more mainstream, States (including countries) may realize how much revenue they are missing from not owning there .com. They will finally realize how much power the domain owner has by owning the most accessible and cost effective first impression of their respective States. Some states will buy, some will collaborate with the Geo owner and some will sue. Those who sue will most likely win if they have proper representation and most will.

Winning will be much easier for the State when the Geo domain in question has carried advertising on subjects the State feels are detrimental to its image. They can claim bad faith real easy. A simple example can be anything from porn, tobacco sales to minors, call girls, gambling and so on. A weird scenario might be selling booze on Sunday from online store advertising in a Geo domain such as Charleston which abolished booze sale on Sundays, — weird, and funny but true. All these are hypothetical examples and could be factually inaccurate, but  you get my drift.

A couple of years ago, no body could have foreseen that 3 letter .com will be preyed upon by reverse hijackers like they are today. The fact of all this matter is this, for the big guys, this might just be like a snake bite on an elephant, painful, time consuming but they can weather it. They have the legal resources and know how. For the more average domainer who is banking on retiring on his Geo investment, this could be like trying to pry oneself out of the mouth of a giant anaconda.

This post is not to scare you away from Geo domains. Far from it because Geo ownership can be very rewarding financially, however make sure you have made a careful review of the process and evaluated your ability to take risk. Always seek wise counsel before you make a major investment. This is a no brain-er I guess.

“A wise man will hear and increase in learning, and a man of understanding will acquire wise counsel.” (Proverbs 1:5)

Proverbs 24:6  New American Standard Bible (©1995)
“For by wise guidance you will wage war, And in abundance of counselors there is victory”