Sedo offers ICANN one-letter .COM auction
Sedo has issued a proposal whereby ICANN could conduct an all-inclusive, transparent online auction for one-letter .COM domain names.
Sedo has issued a proposal whereby ICANN could conduct an all-inclusive, transparent online auction for one-letter .COM domain names.
The goal of the proposal is to allow any citizen that is interested in purchasing these high-value domain names to do so at fair market value, rather than limiting the process to large corporations or to those with a technology advantage.
The proposal comes in response to discussions that ICANN is considering making one-letter .com domains, such as A.com, available to register. These domain names are expected to be extremely valuable to any potential owner due to their branding potential. Most experts estimate these domain names could be worth up to six or seven-figures each.
Matt Bentley, CEO of Sedo commented on the proposal, ”As ICANN comes under increasing scrutiny from international critics, it must operate in the most self-sufficient and democratic way possible. This proposal allows ICANN to accomplish both goals by capitalizing on its most underutilized asset - high-value domain names - and distributing them in a fair, transparent manner and using those funds to eliminate any proposed ‘Internet taxes’.”
New domain names are typically distributed on a first-come, first-serve basis. However, this is not a truly democratic process as it favors those who have computer programs written to monitor and immediately purchase newly available domains.
Sedo has proposed that the proceeds from the auction of uniquely valuable domains go directly to bolster the ICANN budget, offsetting the proposed new ICANN fees. The company estimates that the sale of the remaining 23 one-letter .COM names would generate approximately $2 to $5 million. The auction would serve as an ideal test case to determine whether the practice can be used in similar future situations.
Обсудить в форуме
Форум