"Ending Soon" Tab
closed
Sajan Nair
This tab is actually something namebase can do without. This encourages "name farming" at a very serious level and can defeat the vary purpose of this concept. This feature ensures that any one with muscle power based on money can outbid someone who may have thought of the sitename. In fact its so bad at the point there are keywords available as .com names on godaddy after 20 years of internet but are sold out on HNS in a few months.
While it possible to find out whats ending soon on the blockchain directly very few users are tech savvy enough to know all of that, and even lesser number will be interested in name farming.
But namebase is a common man friendly portal. The ending soon tab is fatal. My recommendation would be to remove it. Else we will have a few whales squatting on all the names.
There is a market place options. Also users can search keywords. These two functions will ensure openness and transparency even if we remove the ending soon button.
Johnny Wu
closed
All auction data is entirely public and there are multiple other websites that readily display names with auctions ending soon
g
gghost
On the opposite: the auctions should be public and advertised as much as possible for each name, to get as many participants on each auction. This way every TLD will be sold at fair market price.
Hiding the "Ending Soon" tab will allow one person to open thousands of names and winning them for free.
The "Ending Soon" tab allows to have more bidders participating in each domain. This is discouraging behavior, where single participant opens hundredths of names, expecting to win them for free because they are "hidden".
If participants focus on few domains that are important to them, they will place bid with fair price for each name. Even "whales" have their limits and when "winning" a name comes with a price to pay, that will discourage "whales" behavior on attempting to get all listed names.
From handshake.org:
Economic incentives enable decentralized agreements to form via a transparent name auction process. Without some kind of economic cost function, one person could register all names.