You backorder the domain. If we get it and you are the only bidder, you pay $99 and the domain is yours.
lol then why bother paying $99. just pick it up from any registrar for $9 after it drops
lol then why bother paying $99. just pick it up from any registrar for $9 after it drops
He's doing the equivalent of standing in line for you outside the Apple store on iPhone 7 release day and then charging you a premium for his services.
This is the perfect example of why it is not always good to listen to the many naysayers. There are a ton of single purpose things that can be turned into a service. Most people overlook those things because building the next unicorn sounds so much sexier.
We have no idea how much he is making. Especially since if he is saying he is making that, he attracts attention and is therefore incented to say it - he's probably lying.
People are not upset because it's a 'single purpose' thing. They are upset because he's not creating value - in fact - he's not even playing in a zero-sum game - he's actually shrinking the pie by introducing a transaction tax where none should exist.
He's an anti-capitalist. For every $1 he makes, $1.02 is being drawn out of the system.
Despite people being able to do this for 'much less', the man built a successful business providing a service that people are willing to pay for.
Every business has competitors and often you can do the same thing that a business does yourself. This is true for everything from restraunts to taxis to clothing stores.
The lesson here is to not overlook creating something simple that can provide value to other people.
People want things for a whole variety of reasons.
.dance and .party have been fun lately