Companies are filing cybersquatting disputes against people who register domains including their brands and NFT.
As the NFT (non-fungible token) craze continues, it’s not surprising that domain name investors are registering NFT-related domain names. Some are profiting nicely with hand-registered NFT-related domains, too.
But people should mind the line between being a domain investor and a cybersquatter. It might be tempting to register a domain name that includes a famous trademark and NFT. Don’t do it.
National Arbitration Forum handed down a decision today against Joseph Masci, who registered the domain NFTMorganStanley .com. It’s the third UDRP I’m aware of involving trademarked brands and NFTs. Two other cases are pending; one for GEICONFT .com and one for ComericaNFT .com and ComericaBankNFT .com.
So if you think there’s money in NFT-related domains, go for it. Just make sure not to cross the line.