ICANN announced four agreements with ccTLD managers for .HT, .VU, .PY and .UY
office@dkdtrade.com (DKD DomainNews) says:
ICANN has announced four accountability framework with the country code top level domain (ccTLD) managers for .ht , .vu , .py and .uy .
Domain Name Flipping
ezinearticles.com says: The first come first served philosophy behind the domain name system, has resulted in the creation of a marketplace. Those people who are the first to identify a valuable domain name, can register it for just a few dollars, and potentially resell it (“flip it”) for a much higher price, making a hefty profit. In some cases, although these are exceptional cases, domain names have been resold for hundreds of thousands of dollars.