NamesLink Terms of Service
Last updated: 1/9/2025
Welcome to Nameslink!
These Terms of Service (these “Terms”) govern your access and use of [nameslink.com] (the “Platform”), and your access and use of the products and services offered via the Platform (collectively, the “Nameslink Services”). The Platform is owned, operated and managed by [Nameslink (Hong Kong) Private Limited] (referred to as “we,” “us,” or “Nameslink”).
By using Nameslink Services, you agree to be bound by these Terms. Please read these Terms carefully and thoroughly, especially the clauses in bold and underlined, as they highlight critical terms. You must accept all terms and conditions set forth herein before proceeding with any further steps. If you object to any part of these Terms, you should immediately discontinue the use of this service and refrain from proceeding further.
By confirming acceptance of these Terms and submitting a request to purchase or list a domain name for sale, User agrees and acknowledges that a mutual expression of intent has been reached between the User and Nameslink regarding the purchase or sale of the domain name. Any continued use of Nameslink Services shall be deemed as the User’s full and unconditional acceptance of all provisions contained in these Terms. These Terms shall constitute a legally binding agreement between User and Nameslink.
1. Definitions
1.1 “Domain Name Transaction” refers to the service model provided by Nameslink that facilitates the circulation of domain names between different domain name holders. This includes creating transaction opportunities for Buyers and Sellers, offering auction services for expired domains, and other transaction-related mechanisms. The specific types of domain name transactions available are detailed on the Platform.
1.2 “Nameslink” refers to [Nameslink (Hong Kong) Private Limited], a company that aggregates domain name sales information, provides Users with domain name listings and query functions, offering access and interfaces for domain name purchases, assisting in the completion of domain name transactions, and delivering other systems, technologies, and support services.
1.3 “Seller” refers to a User who offers to sell or transfer a domain name.
1.4 “Buyer” refers to a User who purchases or acquires a domain name.
1.5“Partner” refers to a third-party domain transaction platform that has entered into a cooperative relationship with Nameslink. Such partners may submit registered domain sale listings or pre-release sale information to Nameslink, which Nameslink may, at its sole discretion, choose to display to Users.
1.6 “User” refers to any individual Users (natural persons, sole proprietorships, individual partnerships, and self-employed businesses) or organizational users (companies, enterprises, partnerships, public institutions, and other entities), who conduct domain name transactions via the Platform provided by Nameslink. This includes but is not limited to, Buyers, Sellers, and Partners.
2. Registration, Use, and Security of Account
2.1 Eligibility for Registration
2.1.1 By registering for Nameslink Services, you confirm that you have the full legal capacity to enter into these Terms. This includes being a natural person, legal entity, or organization capable of exercising civil rights and fulfilling civil obligations.
2.1.2 If you are under 18 years old (or the age of majority in your jurisdiction) or have limited legal capacity, you are prohibited from registering for or using Nameslink Services. You and your legal guardian are solely responsible for any consequences resulting from unauthorized registration or use.
2.1.3 You confirm that you are not subject to any trade restrictions, sanctions, or other legal prohibitions imposed by any country, international organization, or jurisdiction. Non-compliance with this requirement may result in the denial of registration or access to Nameslink Services.
2.2 Account Registration
2.2.1 To become a Nameslink User, you must complete the registration process by providing accurate and complete information, agreeing to these Terms, and setting up an account name and password.
2.2.2 Registration may be completed via email with dynamic verification, third-party account authorization, or other methods provided by Nameslink. Upon registration, Nameslink may assign you a unique Account ID. The term “Nameslink account” refers to the account name, password, login email, authorized third-party accounts, or other profile information categorized as “account.”
2.2.3 All fees payable by Users for platform services and other charges do not include any taxes or duties (including but not limited to Value Added Tax (VAT), Goods and Services Tax (GST), sales tax, communication tax, etc.) that are required to be paid under applicable laws and regulations (including local laws or ordinances) (collectively referred to as "Taxes"). Users shall bear and pay all Taxes payable in connection with all amounts due under this Agreement. Where required by applicable law, the relevant Taxes will be included in the amount payable by the User, so that the net amount actually received by Nameslink equals the full amount payable under this Agreement.
The User agrees to promptly notify Nameslink of any Taxes related to any fees paid under this Agreement and provide us with relevant supporting documents and information (including the User’s tax registration number). If the User is legally entitled to any Tax exemption, the User agrees to provide Nameslink with valid and current tax exemption certificates applicable to the relevant tax jurisdictions. Nameslink will apply such exemptions to the fees incurred under the User’s account from the date of receipt of the tax exemption certificates. If, during a tax authority audit of the User’s transactions with Nameslink, the tax exemption documents provided by the User are challenged and deemed invalid, resulting in any Taxes being imposed on Nameslink, the User agrees to indemnify Nameslink for such Taxes, interest, and penalties.
If the User is required under any applicable law or regulation (whether domestic or foreign) to withhold or deduct any withholding tax from amounts payable to Nameslink, the User shall increase the amount payable accordingly to ensure that, after such deduction or withholding, the net amount actually received and retained by Nameslink equals the amount that would have been received if no such deduction or withholding had been required. Furthermore, the User agrees to provide us, within 30 calendar days after payment, with relevant supporting documents proving that such deducted or withheld taxes have been timely and properly paid to the relevant tax authorities.The domain names and services listed on NamesLink are priced exclusive of tax. NamesLink will update the applicable tax rate and amount on invoices according to the latest tax regulations of the respective countries or regions involved in each transaction and the registration status of the transacting parties.
2.2.4 Account names must comply with applicable laws, public order, and Nameslink’s policies. Account names must not cause confusion with Nameslink’s identity, or breach public morality. Non-compliant account names may result in registration failure or account deletion after notification.
2.2.5 You are responsible for providing accurate, timely, complete and truthful account information as required by laws, regulations, or Nameslink’s prompts. If the provided information is inaccurate, false, outdated, or incomplete, Nameslink may request corrections. You must cooperate by updating the information as requested. You bear full responsibility for any consequences, including registration failure, account suspension, or deletion, resulting from inaccurate or incomplete information.
2.2.6 Nameslink may require additional identity or qualification verification to activate certain services. Your account will only gain access to these services upon passing such verifications.
2.2.7 Unless otherwise agreed, each Nameslink account is unique and may independently conduct activities on the Platform.
2.3 Account Use and Security
2.3.1 You may access the Platform using your Nameslink account to utilize domain name transaction services. Nameslink reserves the right to modify, suspend, or discontinue any domain name transaction service at its discretion, including but not limited to adding or removing product categories, altering service content, or upgrading versions. Such changes will be announced on the official website of Nameslink. It is your responsibility to regularly review these updates. If you disagree with any changes, you must cease using the affected services.
2.3.2 Nameslink may communicate service updates or required actions via email, messages, SMS, or phone. You are responsible for regularly logging into your account to review and complete transaction-related tasks.
2.3.3 Accounts are non-transferable, non-lendable, and non-sellable unless explicitly permitted by law, judicial ruling, or Nameslink’s written consent. The legal entity corresponding to the billing information provided by the user before placing an order shall be deemed as the transacting party for that order.
2.3.4 Transactions on the Platform require prepayment through account funding. You may deposit funds into your Nameslink account, which will be credited as account balances for purchasing services on the Platform. Refunds for unused balances are available, subject to potential handling fees as displayed on the Platform. Nameslink does not issue invoices for handling charges related to fund deposits and withdrawals borne by the User.
2.3.5 You are responsible for maintaining the confidentiality of your account credentials, including passwords and verification codes. You must keep all account-related information secure and not disclose it to third parties.
2.3.6 If you suspect unauthorized access to your account, you must promptly notify Nameslink. Nameslink will assist with security measures, such as account freezing or password resets, within a reasonable timeframe. Nameslink is not liable for losses incurred before action is taken or due to your failure to secure your account.
2.3.7 Nameslink also offers certain services to assist you in safeguarding your account security. These services include prompting you to enable security features, providing basis monitoring and alert capabilities, and issuing notifications through designated channels in the event of unusual account activity. To enable these features, you acknowledge and agree that Nameslink may collect and analyze records of your account activity to identify and alert on high-risk events. You understand and accept that, while Nameslink provides these account security monitoring services, you remain primarily responsible for the security of your own account. Nameslink does not guarantee the effectiveness or reliability of the free services provided and shall not be held liable for any consequences (including, but not limited to, your losses) resulting from the compromise of other login authentication methods.
3. Service Content and Fees
3.1 Buyer’s Purchase Fees. Buyers may browse domain name listings on the Platform and submit purchase orders. The Buyer is responsible for paying the listed sales price, along with any applicable taxes or fees, as displayed on the Platform.
3.2 Buyer’s Deposit. For pre-release domain names, Buyers must pay a deposit as specified by the system prompt. The deposit ensures the completion of the transaction. If a Buyer successfully bids but fails to pay the winning bid amount by the designated deadline, Nameslink will deduct the entire deposit.
3.3 Seller’s Sales Fees. Sellers may list domain names for sale at a fixed price. Upon agreement of a transaction, Nameslink will pay the Seller the agreed fixed price. From the moment the transaction is confirmed until the domain name is transferred to the buyer, the ownership of the domain name shall reside with Nameslink. The Seller acknowledges and agrees that Nameslink will apply a service fee (subject to market-based adjustments) to determine the final sales price displayed to Buyers.
3.4 Domain Name Delivery
3.4.1 To participate in bidding for pre-release domain names, Buyers must pay a deposit as specified by the Platform. Upon winning a bid, the bid amount will be deducted from the Buyer’s account balance. If the account balance is insufficient, the Buyer must complete payment within 72 hours. Failure to do so will be considered a breach of contract, resulting in cancellation of the transaction and forfeiture of the deposit.
3.4.2 Successfully purchased or bid domain names will be transferred to Nameslink-managed account with the relevant registrar, where Nameslink will be listed as the holder. Buyers retain full ownership and control of the domain name as outlined in these Terms. As the nominee holder, Nameslink will act solely on the Buyer’s behalf and will not take any actions with respect to the domain name without the Buyer’s explicit authorization.
3.5 Pricing Transparency. Domain name prices, including all applicable fees, are clearly displayed on the Platform. If you disagree with Nameslink’s pricing or fee policies, you must notify Nameslink in writing and discontinue use of Nameslink Services. Continued use of the Platform or Nameslink Services constitutes acceptance of these pricing and fee policies.
3.6 Price Adjustments. User acknowledges that each individual domain name purchase or sale constitutes a separate and independent agreement. A transaction is considered established once the User has paid the applicable domain name transaction fee. Once payment is made, Nameslink will not adjust transaction prices. However, Nameslink reserves the right to modify pricing standards at any time prior to User**’**s completion of payment. Nameslink is not liable for disputes arising from such price adjustments, except where required by applicable law.
4. Buyer’s Rights and Obligations
4.1 Prior to placing an order for a domain name transaction, Buyers must independently verify the domain name’s status, including its legal ownership, any risks, ongoing or potential litigation, arbitration proceedings, or any other encumbrances. Buyers shall independently assess the associated risks and bear all resulting consequences. During the purchase process, due to the possibility that the Seller or Partner may concurrently manage or modify domain settings, the Buyer is advised to carefully review and confirm the final domain purchase price, applicable taxes, and any other fees on the final payment page before completing the transaction.
4.2 No Unilateral Withdrawal. The Buyer acknowledges and agrees that once payment for the domain name transaction is made, or once a bid has been successfully placed, the purchase application may not be unilaterally withdrawn. The Buyer shall not seek to cancel the transaction or raise objections on the grounds of operational error, buyer’s remorse, unreasonable pricing, or market fluctuations, or for any similar reason. Furthermore, the Buyer acknowledges that payment does not constitute a guarantee of a successful transaction. If, for any reason, the domain name cannot be transferred into a Nameslink-managed account under the registrar and thus cannot become an asset of the Buyer, Nameslink shall refund the purchase amount paid by the Buyer.
4.3 No Guarantee of Success. The Buyer acknowledges and understands that the successful completion of a domain name purchase may be affected by various factors beyond Nameslink’s control, including but not limited to: prior purchase actions by other Buyers, renewal of the domain by the original registrant (in pre-release transactions), applicable national laws, acts of government authorities, policies and actions of domain name management bodies, and force majeure events. Nameslink does not guarantee the success of any transaction and shall bear no liability for the failure to complete the domain name purchase.
4.4 During the domain purchase process, if Nameslink requires the Buyer to submit identification documents or other supporting materials in order to complete the transaction, the Buyer shall provide such documentation. The Buyer shall also truthfully disclose any additional information reasonably requested by Nameslink. The Buyer shall be legally liable for any false or inaccurate information provided.
4.5 The Buyer warrants that all funds used for domain name transactions are lawfully obtained. The Buyer shall bear full legal responsibility for any illegal activity resulting from improper or unlawful sources of funds. Unless otherwise required by law, Nameslink shall not be held liable in this regard.
4.6 The Buyer understands and agrees that upon successful completion of the domain name transaction, the Buyer shall become the de facto holder of the domain name, retain full ownership and control of the domain name (though with the Whois record publicly listing Nameslink as the registrant). Nameslink shall bear no liability for any disputes or losses arising from the Buyer’s ownership or use of the domain name. Furthermore, the Buyer agrees to indemnify and hold Nameslink harmless from any third-party claims, legal actions, or damages arising from the Buyer’s ownership or use of the domain name.
4.7 Buyers shall exercise appropriate caution and self-protection, and shall not trust unsolicited requests for loans, passwords, or other financial information. For any transactions involving financial assets, Buyers shall verify the identity of the counterparty and pay close attention to anti-fraud advisories issued by Nameslink.
4.8 Buyers must provide accurate and up-to-date contact information to Nameslink (including email address, mailing address, and other contact details). Buyer shall bear all legal consequences resulting from the provision of incorrect or outdated contact information.
4.9 Buyer shall not use the Platform, Nameslink Services or its transaction rules to engage in any unlawful or prohibited activities, including but not limited to credit card fraud, money laundering, or similar conduct.
4.10 Buyer acknowledges and agrees that if Nameslink—either on its own or in coordination with third parties (such as government agencies, competent authorities, courts, or domain name administrative bodies)—determines that a domain name violates laws or regulations, infringes upon the legitimate rights of third parties, or if the Buyer breaches these Terms, Nameslink, the registrar, the registry, or related parties shall have the right to take necessary actions, including but not limited to: termination of services, freezing of the Buyer's account and/or account balance, locking the domain name, prohibiting modifications to or transfers of domain names, and declaring the transaction null and void.
5. Seller’s Rights and Obligations
5.1 Seller agrees and confirms that by accepting these Terms and submitting and listing domain names for sale on the Platform, the Seller is deemed to have authorized Nameslink to handle matters related to the sale of the domain names.
5.2 The Seller understands and accepts that once a transaction request automatically initiated by the system according to rules is made, it cannot be revoked. The Seller further guarantees that once the Buyer has paid the domain purchase fee or the system has completed the transaction in accordance with the rules set by the Seller, the Seller shall not request to cancel the transaction or make similar claims on the grounds of operational errors, regret, unreasonable pricing, market changes, etc., nor shall the Seller delist the domain, adjust the price, modify domain information, transfer the domain between accounts, or transfer the domain to another registrar.
5.3 The Seller must have the legal right to transfer the domain name listed for sale, meaning that the Seller is the registrant of the domain name, or has obtained legal authorization from the registrant prior to listing. The Seller shall also ensure that the domain is not prohibited from being listed and is usable and transferable. If the transaction fails or cannot be completed due to reasons such as DNS pollution or restrictions on the transfer of certain special domains, and the Seller failed to fulfill a reasonable duty of inspection, the Seller shall bear all resulting consequences.
5.4 The Seller represents and warrants that the listed domain name is free from ownership disputes or other legal issues, and does not violate any laws or infringe upon the legitimate rights of any third party.
5.5 The Seller understands and agrees that listing a domain for sale will be deemed as authorization for the Buyer of that domain, Nameslink, and the registrar to modify domain information on the Seller’s behalf after the transaction is completed.
5.6 If the Seller has already transferred the domain name to a third party through an offline transaction or otherwise no longer holds the legal right to transfer the domain name, the Seller shall promptly remove the domain listing.
5.7 If, due to technical issues, policy restrictions, or lack of authority to transact, the domain name cannot be transferred to a Nameslink-managed account, the Seller shall cooperate with Nameslink as required to complete the account transfer or refund the payment received to the Buyer. If the Seller fails to cooperate, Nameslink shall have the right to freeze the Seller’s account and balance, lock the domain, or take other necessary measures until the matter is resolved through legal means.
5.8 The Seller warrants that all domain sale information provided is true, accurate, valid, and complete, and does not contain any misleading or false statements. If any information changes, the Seller shall promptly update it. The Seller shall provide correct contact information to Nameslink (including email address, mailing address, and other contact details), and shall bear any consequences resulting from incorrect contact information in accordance with applicable laws.
5.9 The Seller shall not use Nameslink Services to publish any harmful information prohibited by laws or regulations, nor use any third party’s information without permission. The Seller shall not use Nameslink Services or Platform trading rules to engage in any illegal activities, such as credit card fraud or money laundering.
5.10 The Seller understands and agrees that if the Seller engages in fraud, infringes upon any third party’s lawful rights, violates these Terms or applicable laws during the domain transaction, or if a third-party institution (e.g., government authorities, regulators, courts, domain name administrative bodies, etc.) determines that certain domains are involved in illegal or non-compliant use, Nameslink shall have the right to terminate the service, delist the domain, lock the domain, prohibit domain information changes or transfers, or declare the transaction invalid, as necessary.
6. Nameslink’s Rights and Obligations
6.1 Nameslink provides Buyers with systems, channels, technical services, and related support for domain name purchases, and facilitates domain procurement and delivery activities that align with Buyers’ requirements. Notwithstanding the foregoing, Nameslink does not guarantee the successful acquisition of any domain name, makes no representation or warranties regarding the outcome of domain transactions, and shall not be liable for any failure to secure a domain name. If a domain transaction fails after the Buyer has paid the purchase price due to reasons not attributable to the Buyer, Nameslink will refund the domain purchase fee already paid by the Buyer.
6.2 Nameslink does not conduct any review of the status or potential defects of a domain name (including but not limited to the completeness of ownership, existence of disputes, or any usage restrictions on the domain), and assumes no liability in this respect.
6.4 Nameslink shall not be liable for any consequences caused by system failures, network delays, outdated Buyer page data, system response times, or similar issues, including but not limited to failure to complete a transaction, unsuccessful transactions, delays in the execution of rules such as Buyer suspension or termination, and any resulting consequences.
6.5 Nameslink reserves the right, during the transaction process, to prudently evaluate the Buyer’s eligibility to participate in domain name purchases. In the event Nameslink determines that the Buyer is engaging in conduct that disrupts the orderly execution of transaction or involves malicious price manipulation, Nameslink will coordinate and communicate with the Buyer to address such issues. Should the issues remain unresolved, Nameslink reserves the right to implement measures including, but not limited to, restricting payment capabilities, limiting transaction activities, freezing the Buyer’s account, or freezing domain names.
6.6 Nameslink bears no responsibility for the consequences of Buyers purchasing domain names. Buyers shall not cause Nameslink to become involved in any disputes or adverse situations as a result of the domain purchase. If the purchase of a domain causes losses to Nameslink, the Buyer shall be held liable accordingly.
7. Confidentiality Obligations
7.1 Nameslink shall implement appropriate security and confidentiality measures to protect all data and information involving the trade secrets of Business Partners or the personal information of Users (collectively, “Confidential Information”). Unless consent is obtained from the parties to the transaction, Nameslink shall not disclose, transfer, use, or sell any data involving the Confidential Information—such as the identities of the transaction parties or transaction records—to any third party, except under the following circumstances:
7.1.1 The Confidential Information has become publicly known through no fault of Nameslink;
7.1.2 The Confidential Information is obtained through channels outside of Nameslink that are not subject to confidentiality obligations;
7.1.3 The disclosure is required by applicable law, court order, or request from a competent governmental or regulatory authority;
7.1.4 In the event of a dispute between the parties to a transaction, one party requests Nameslink to provide relevant information of the counterparty for the purpose of dispute resolution, unless otherwise provided by applicable law or regulation;
7.1.5 Where a third party files an infringement complaint against a User, and (a) the User acknowledges the infringement, (b) fails to respond without reasonable justification, or (c) Nameslink, upon prudent assessment, determines the complaint to be valid, Nameslink may, upon the complainant’s request, disclose relevant User information to the complainant for the purpose of pursuing legal remedies or protecting their rights, unless otherwise provided by applicable law or regulation;
7.1.6 Other disclosure scenarios as permitted under the Nameslink Privacy Policy.
8. Force Majeure and Limitation of Liability
8.1 The User acknowledges and agrees that during the use of Nameslink Services, unforeseen risks such as force majeure events or unexpected incidents may occur, resulting in service interruptions.
8.1.1 Force Majeure refers to objective events that are unforeseeable, unavoidable, and insurmountable, and that cause material impact to one or both parties. Such events include, but are not limited to, natural disasters (such as floods, earthquakes, epidemics, and storms) and social events (such as war, unrest, or acts of government). In the event of any of the foregoing, Nameslink shall make reasonable efforts to cooperate with relevant parties to restore Nameslink Services as promptly as possible. However, to the maximum extent permitted by applicable law, Nameslink shall not be held liable for any loss or damage suffered by Users as a result of such events.
8.1.2 In the event of unexpected incidents such as network disconnection or cyberattacks, Nameslink reserves the right to adjust service content or delivery methods as it deems appropriate. Nameslink shall bear no liability for any losses incurred by Users as a result of such adjustments.
8.2 To the extent permitted by law, Nameslink shall not be liable for any service interruption or disruption caused by any of the following circumstances:
8.2.1 Damages caused by computer viruses, trojans, malware, or cyberattacks;
8.2.2 Malfunctions in software, systems, hardware, or communication lines belonging to either the User or Nameslink;
8.2.3 Improper operation or mismanagement by the User;
8.2.4 Use of Nameslink Services through unauthorized means or channels not approved by Nameslink;
8.2.5 Other circumstances beyond Nameslink’s reasonable control or that could not have been reasonably foreseen.
8.3 The User acknowledges and agrees that use of Nameslink Services may expose them to risks arising from online information or the conduct of other Users. Nameslink does not guarantee the truthfulness, applicability, or legality of any information, nor shall it be held liable for damages arising from infringement, ownership disputes, or other issues associated with the domain names themselves. Such risks include, but are not limited to:
8.3.1 Anonymous or impersonated communications from others containing threats, defamation, or illegal content;
8.3.2 Psychological, physical, or economic harm resulting from being misled, deceived, or otherwise adversely affected by the actions of third parties during the use of Nameslink Services;
8.3.3 Disputes concerning domain name ownership or transfer;
8.3.4 Other risks arising from online content or User conduct.
9. Governing Law and Dispute Resolution
9.1 The validity, interpretation, performance, and dispute resolution of these Terms shall be governed by the laws and regulations of Hong Kong, the domain dispute resolution policies issued by relevant domain name authorities, and applicable norms and practices within the information technology and domain name industries.
9.2 Any dispute arising out of or in connection with these Terms or Nameslink Services shall be resolved by the parties through amicable consultation in good faith. If such consultation fails to result in a resolution, either party may submit the dispute to the jurisdiction of the courts of Hong Kong, on an exclusive basis, to settle any dispute or claim arising out of or in connection with these Terms or their subject matter or formation (including non-contractual disputes or claims).
10. Miscellaneous
10.1 These Terms include the provisions set forth herein as well as any rules, policies, or guidelines that Nameslink has issued or may issue in the future. All such rules form an integral part of these Terms and shall have the same legal effect. By using Nameslink Services, User acknowledges that they have read, understood, and agreed to be bound by the entirety of these Terms and all applicable rules, and further undertakes to comply with all applicable laws and regulations of Hong Kong. In the event of any violation resulting in legal liability, User shall assume such liability in their own name and at their own expense.
10.2 In the event of any inconsistency or conflict between the provisions of these Terms and any prior agreement between the parties or any previous statements made by Nameslink, these Terms shall prevail.
10.3 These Terms are written in both Chinese and English. In the event of any inconsistency between the two versions, the English version shall prevail.
Special Terms- Pre-Release Service
1. A “Pre-Release Domain” refers to a domain name that has expired and is managed by a domain registrar, which—within the scope permitted by ICANN—establishes its own conditions and procedures for offering conditional registration application rights to eligible specified or unspecified users via a pre-bidding mechanism. This is done while still preserving the original registrant’s redemption right. If the original registrant fails to redeem the domain during the redemption period, and Nameslink submits domain registration information which passes review by the domain registry, the successful bidder shall become the de facto new registrant of the domain name.
2. “Successful Pre-Release Domain Registration” refers to a situation where a user participates in the pre-release domain auction, wins the bid, and pays the applicable bidding fee, thereby obtaining a conditional registration application right. If the original registrant fails to redeem the domain within the high-price redemption period, the Buyer authorizes Nameslink to submit qualified domain registration information—naming Nameslink as the registrant—to the registry. Upon successful review and approval by the registry, the Buyer shall acquire a one-year right of domain name ownership. The one-year ownership period shall be calculated from the day following the expiration of the original registrant’s domain name term, not from the date of the successful bid or the date of pre-release domain registration approval.
3. User fully understands and agrees that the subject matter of a pre-release auction is not the domain name itself, but the conditional right to apply for its registration. User further acknowledges that such application right is exercisable only if the original registrant does not exercise their redemption right during the designated redemption period.
4. User acknowledges and agrees that the total fees payable upon winning a pre-release auction include: (i) the bidding service fee, and (ii) the domain name registration (or renewal) fee for one year.
5. The pre-release bidding process shall follow the procedures and conditions set out on the applicable Platform pages and system rules, and shall generally consist of the following stages:
5.1 User selects a desired pre-release domain, freezes the bid deposit, and participates in the bidding process by submitting a bid or setting a proxy bid.
5.2 Upon conclusion of the bidding period, the leading bidder shall pay the domain name fees at the final winning bid amount.
5.3 If the domain name is not redeemed by the original registrant during the high-price redemption period, the domain name shall be transferred into Nameslink-managed account under the registrar, and the successful bidder shall acquire de facto ownership.
6. Termination of the Pre-Release Process
The pre-release process shall be deemed terminated under the following circumstances:
6.1 The successful bidder completes payment and the domain is transferred into Nameslink-managed account under the registrar—upon which the transaction is deemed completed and the process terminates.
6.2 The successful bidder fails to complete payment within the designated time period; in such case, the frozen deposit shall be forfeited to Nameslink as liquidated damages, and the domain transaction shall be deemed failed and terminated.
6.3 No bids are submitted by the end of the auction, resulting in a failed auction—the process terminates.
6.4 If, during or after the auction but prior to final transfer, the original registrant redeems the domain name, User’s deposit shall be unfrozen and any paid fees shall be refunded—the process terminates.
6.5 If competent governing authorities, the domain registry, judicial bodies, or domain dispute resolution institutions take measures that affect the domain, the domain shall be delisted, User’s deposit shall be unfrozen, and any paid fees shall be refunded—the process terminates.
6.6 In the event of force majeure or other unforeseen circumstances, the domain shall be delisted, User’s deposit shall be unfrozen, and any paid fees shall be refunded—the process terminates.
Users hereby reaffirm that they have fully read, understood, and voluntarily accepted the above Special Terms, and willingly proceed with the domain transaction process, thereby agreeing to be legally bound by all the above provisions.