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Harberger taxation is a partial-private ownership model, in which we self-assess the price of the things we own, and pay a tax based on the price we set. Anyone can at anytime buy the property at with the specified price. The idea is that this would result in each property reaching the hands of the person who has the most utility for it.
As (human-readable) domain names are somewhat scarce, employing such a mechansim could potentially lead to a better distribution of domain names.
One way to experiment with this idea is to write an ENS registrar, in which everyone sets a price for domains immediately when they first claim it, and pay an annual 7% (for example) tax to some beneficiary (could be all domain owners of the TLD), and anyone can claim the domain by paying the amount specified (maybe with some delay in ownership transfer).
The text was updated successfully, but these errors were encountered:
Harberger taxation is a partial-private ownership model, in which we self-assess the price of the things we own, and pay a tax based on the price we set. Anyone can at anytime buy the property at with the specified price. The idea is that this would result in each property reaching the hands of the person who has the most utility for it.
As (human-readable) domain names are somewhat scarce, employing such a mechansim could potentially lead to a better distribution of domain names.
One way to experiment with this idea is to write an ENS registrar, in which everyone sets a price for domains immediately when they first claim it, and pay an annual 7% (for example) tax to some beneficiary (could be all domain owners of the TLD), and anyone can claim the domain by paying the amount specified (maybe with some delay in ownership transfer).
The text was updated successfully, but these errors were encountered: