Considering how little is actually interesting about the app aside from it using an old domain, my impression is that the entire post is just pseudo-marketing, attempting to encourage people to get back into domain name squatting.

Domain squatting is when you buy a domain purely for speculation with no intent of using it.

This person has built something using the domain. They are not squatting it.

A little over reaction here, they were very open about the process. Lets not take down the horse before the carriage. The article mentions they started "park.io" which was backordering domains, so at minimum expertise and some relevancy exists (was acquired).

Lets look at Friendster from a less foggier lense, its an attempt in the right direction. Use it or don't use it.

Curious what you’d consider a better model for naming/ownership on the internet.

This is a terrible take, he actually helped me get a domain back that I'd accidentally let expire. He's a genuine person just making a business with domains, everything everyone does has some kind of compromise to it if you look closely enough.

This comment sounds like entitlement and anti-capitalist.

I kinda fucking love it. He’s doing something. It’s interesting. There’s no scam. Let live!

This is such a wild over reaction.

There is nothing inherently wrong with domain squatting. Lol. Blame the system, not the people operating within it.