Suffice it to say that today was a crazy day all around. The stock market plunged marking its largest losses since 2011, the crypto market continued to crash as Bitcoin plunged to the low $6,000’s and ADO.com, a generic 3L .COM was lost in one of the most unfair UDRP decisions I’ve ever heard.
What makes this UDRP decision so ridiculous is the reasoning behind the panel’s decision which comes at an amazing time given that the sale of DAX.com was announced for $500,000 today. I first read about the ADO.com UDRP on Domain Name Wire, and here’s the logic the panel used in their decision:
“Among the judgments the panel made is that $500,000 was too much to ask for the domain name because Carillo purchased it for $27,500. Not only is the purchase price incorrect (Carrillo also transferred the domain Koz.com to the seller as part of the deal), but panels shouldn’t generally get involved with determining what a fair price is for a domain.
One of the more forehead-slapping claims by the complainant, a Mexican bus company called Ado that uses Ado.com.mx, relates to this price. It claims that the $500,000 asking price is “outrageous when compared to the other domain names offered for sale or rent on the “Catchy.com” website”, according to the decision. It gives five examples:
ado.com 500,000 USD
kuve.com 45,000 USD
paxe.com 50,000 USD
amim.com 20,000 USD
zill.com 80,000 USD”
(Source – DomainNameWire.com)
Meanwhile, today Frank Tillmanns announced the sale of the 3L .COM, DAX.com for $500,000 on popular domain name marketplace Sedo.com.
So let me get this straight…Francois lost ADO.com in a UDRP because the panel felt that asking for $500,000 was “outrageous” and today a 3L .COM sells for $500,000? Pardon my french but this WIPO decision is complete bullshit.
I hope the people on the WIPO panel for ADO.com read this article and realize how stupid their decision was. Also I hope Francois can take the criminals who stole his domain to court and get his domain and some well-deserved damages back for the insane reverse domain hijacking stunt they managed to pull.
It’s still crazy to me that in 2018 decisions like this still manage to get through the UDRP process, but it also shows that the domain name world is still the wild west and people can, sometimes, steal six-figure domain names through a legal process.
What can we do to help Francois and what can we all to together to help ridiculous decisions like this from happening in the future? I want to hear from you, comment and let your voice be heard!