[ncc-services-wg] RIPE NCC as escrow

I'm also in favour of the proposal. 

I like Hank's idea, though I wonder if charging 10% is competitive, and if
the relevant governing legislation permits it?

-Niall

> -----Original Message-----
> From: ncc-services-wg [mailto:ncc-services-wg-bounces at ripe.net] On Behalf
Of
> Hank Nussbacher
> Sent: 17 December 2015 20:04
> To: Max Tulyev; ncc-services-wg at ripe.net
> Subject: Re: [ncc-services-wg] RIPE NCC as escrow
> 
> At 18:55 17/12/2015 +0200, Max Tulyev wrote:
> 
> I would be in favor of this proposal if RIPE NCC gets to keep 10% of all
monies
> transferred and this money would be used strictly to lower the yearly
> membership fees.
> 
> -Hank
> 
> 
> 
> >Hello All!
> >
> >I would like to ask (and may be start a policy proposal) either RIPE
> >NCC has or plan to implement the escrow service for members?
> >
> >People from a lot of countries and companies buy and sell IPv4 address
> >space now. As the price of that resource is high, cost of that deals
> >raise to millions of Euros. So it is a bit scare and even danger to
> >send some millions to some unknown company in doubtful place.
> >
> >Why RIPE NCC?
> >1. RIPE NCC is exactly that entity who do (or reject to do) the IPv4
> >transfer. Tha't the main point. RIPE NCC hostmasters using RIPE rules
> >evaluate the request and papers for IP transfer. Most of all escrow
> >companies don't even know what IP address is, and who is wrong or right
> >in potential conflict based on IP transfer.
> >2. RIPE NCC itself has enough financial resources to garant that type
> >of deals, even if this is several millions of Euros.
> >3. Unlike any other escrow agencies, RIPE NCC has maximum level of
> >trust at both buying and selling IPv4 parties.
> >
> >How it can be realised?
> >1. Both parties agrees use RIPE NCC as escrow.
> >2. (optional) RIPE NCC pre-evaluate transfer request to find common
> >mistakes or problems, like 24-month ban for transfer of already
> >transferred resources, etc.
> >3. If all seems good for the first view, Buyer sends money to RIPE NCC.
> >4. RIPE NCC receives money and informs seller about it, and exact
> >amount of money was received.
> >5. Buyer and Seller signs transfer contract and RIPE NCC hostmasters
> >start to evaluate a transfer request.
> >6. If transfer fails for any reason (no signed contract, bad papers,
> >etc), RIPE NCC returns payment to the Buyer. If transfer went good,
> >RIPE NCC releases money to the Seller.
> >
> >I believe all members trade their IP resources will be happy to have
> >that service! ;)
> 

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