SnapNames is a domain name auction site for previously registered domain names. It is a member of the Oversee.net family of companies, and was formed in 2000 to provide the first commercially available technology for “back-ordering” a currently registered domain name.
SnapNames acquires and offers by auction the majority of expired domain names from each of the major top-level domains. More than 100 million names worldwide expire and delete each year, giving SnapNames customers access to literally millions of domain names the moment they come back on the market. - TechCrunch
Recently, SnapNames has been into shill bidding and is now being attacked for shill bidding due to their ignorance and retardation.
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