BitShares.com Domain
@michaelx has negotiated a deal to acquire the domain BitShares.com for 250,000 USD. The plan is for Cryptonomex to use these funds to complete the negotiated deal.
If approved, any accounts that are referred from this site will be set to the BitShares reserve fund as a way to replenish the costs of the worker proposal.
Michael's arguments for acquiring the domain are:
- Prevent someone unfriendly to the BitShares ecosystem from using the domain
- Many people by default only search for .com domains
- Cryptonomex will cover the cost of hosting the domain
- The site will have a new website that is being prepared by @richcg
- Pledge by Michael and @stan to refill the reserve fund with the equivalent (BTS or bitUSD?) from referral fees
You know what sucks about this, if it was Microsoft or Google, they would lawyer up and take that domain claiming trademark violations, etc. and win.