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The curious tale of ICANN, Verisign, claims of subterfuge, and the $135m .Web dot-word
An ugly struggle over the .Web top-level domain may soon spill into public view again, after one of the companies vying for control of the dot-word demanded an independent review of DNS overlord ICANN's handling of the saga.
More than two years ago, the internet infrastructure industry was agape when an unknown company paid $135m for the rights to sell .web internet addresses: the sum paid was three times the previous record paid for a new dot-word, and seven times the average auction price for a top-level domain.
All that money went directly into the coffers of ICANN, a financial sum that was more than double its annual budget. That was unusual since the vast majority of previous similar dot-word auctions had been decided in private between the bidders themselves with the proceeds split among them.
It soon emerged that the unknown winner – a company called Nu Dot Co – had been secretly funded by the owner of the dot-com registry, Verisign. But before that information emerged, many in the industry were astonished when Nu Dot Co refused to agree to a private auction and insisted all the money go to ICANN.
(Score: 2) by FatPhil on Wednesday December 12 2018, @09:45AM
I'd be surprised if there isn't eventually a ".www" TLD.
Personally, I have 4 .orgs (me + my g/f's personal sites, a shared personal site, one hobby-related domain) and 2 matching ones under relevant ccTLDs for our business (which operates primarily in 2 countries, natch) (not coincidentally the business ones the same 2LD as the shared personal site, which was named first). Never going to touch any of the .modern .crap. ".biz"? .wtf, wasn't that what ".com" was defined to be?!!?!
You youngsters, please lapse your registration from my .lawn!
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