They need Georgism for DNS names. You set your own price for your domain. But you have to pay 2-5% of that price annually to keep it.
That way, squatters are incentived to sell it to someone who's going to use it.
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Sounds like a great way to have larger competitors with more capital bid for your site to take down your domain that your users were using. Rather than Land Value Tax a better analogy might be a Vacant Property Tax which only targets squatting.
The problem with that is the squatters would just turn it into a low quality blog or something along those lines.
Pay 2-5% to who? That's the problem for me - usually this means just another way to expand government. If you would just distribute it equally to all relevant citizens, with none of it going to the government, then I might get on board.
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