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How many domain names do you own? How much to start a domain company?
Just wondering how many domains are you paying for? The cost of say a .com domain seems to be less than $1 per year, the expensive part seems to be the fixed monthly fee to ICANN... So the idea is to pool a lot of domain owners together and start own company directly with ICANN... Possible?
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.com is $7.85 + ICANN fee, not less than $1at all.
Where did you get this info from?
That's right... The $7.85 seems to be coming from a private company called Verisign... Any possibility to replace Verisign and go crowd funding and go directly to ICANN? Is it through bidding?
@hbAndrei I am actually not sure on this, just checking possibilities... I could be wrong...
What?
According to this https://en.m.wikipedia.org/wiki/.com
Verisign is the current .com registry that charges money on top of ICANN fees for com domain before additional mark up by registrars such as name heap, godaddy, etc....
I'm wondering how long is their contract, is it until the end of time?
This won't end well.
Verisign keeps its dot-com cash cow until 2024
https://www.theregister.co.uk/2016/07/01/verisign_retains_dotcom_cash_cow_until_2024/
Dot-com web addresses prices to swell, thanks to sweetheart deal between Uncle Sam, Verisign
https://www.theregister.co.uk/2018/11/02/dotcom_domains_pricing/
So get ready for a big change in 2025, with a new ... hum... never mind ... I go back to sleep...
It's not like Verisign just sits back and collects the fee for doing nothing. They run a big infrastructure to manage domains, resolve legal disputes, etc. They have 1,000 employees and spend ~500m a year on operations. I'm skeptical you're going to replace that with a Kickstarter.
Afaik registrars bid to control a tld from Icann... That involves cash. Icann also require registrars to have minimum cash on hand or capital.
Come to think of it, never seen a registrar that is community-powered, community-driven or sponsored. Maybe the EFF can sponsor? This may be plausible for the .free tld so that it will be free for everyone. But I wonder how will that work out since free = abuse.
Wasnt Freenom a startup backed by VCs so they could offer the various free domains?
Don't think so, freenom did get VC funding to expand it's operations to include things like free hosting and what not, though few years later nothing has changed really... they did start there own dns resolvers...
You can start .cum TLD by sponsoring it.
I can't find it, but, I loosely remember that, when there was the call for new gTLD (you know all the fancy extensions, with abusive price or renewal, that barely no one is using), there was a one time non-refundable fee of $200.000 or something like that, for the application. Then your proposal was reviewed, and you had to demonstrate you had the skill, resources and finance, to handle it.
Once approved, a registry also has a yearly fixed fee to pay to the ICANN, it might also be $200.000 ? ... But I think the ICANN has or will reduce it to $25.000 or something like that.
Now, I think that a "community-powered" registry, might sounds good , but, for sure it will be abused,... and over abused, ... you know...