The Global Internet Domain Name Association (GIDNA) that supervises domainer activity across the Internet, is one layer below ICANN.
Established in 2004, the quasi-government agency is responsible for the definition of rules and regulations pertaining to domain buying and selling activity.
In its most recent meeting in Los Angeles, California, the Global Internet Domain Name Association defined some strict rules about the so-called “part timers” in domaining.
“We are trying to reduce the number of fly by wire entities, and there are plenty of that sort, that aren’t licensed full time domain investors,” said GIDNA manager, Chris Christopolis.
“Quite often, at domain conferences, we meet a lot of these time wasters, that peddle their useless portfolios to real, full time domainers in an arrogant manner,” added Christopolis.
The Global Internet Domain Name Association will soon be issuing fines and delivering notes to the estates of part-time domainers who will be required to obtain a domainer’s license in order to facilitate sales and acquisitions.
“Full time domain investors are the only members that we will accept within our organization,” said Chris Christopolis, adding: “If you think you will break the bylaws of an entire industry, you will be outcast and ostracized!”
Bottom line: If you want to participate in the Global Internet Domain Name Association you must be a licensed domain investor – no if’s and but’s.