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From what I know all registars get domains on a first come first serve basis. If xxxregistry gets a domain then the person who preordered it from their site gets that name, otherwise, they get refunded. However, I ponder there will be hundreds of registrars selling and competing for .xxx domain names when they are become available. I guess there is nothing to lose by preregistering a name with them, just don't get your panties in a bundle.
Correct me if I'm wrong.
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