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Here are three reasons it might have wanted to run .web. Verisign bought rights to the .web top level domain name yesterday for a staggering $135 million. Up until now, Verisign’s only interest in new top level domain names (other than running the registries for other companies) has been internationalized domain names that are [...] Continue reading →

You know where the big money is in the new gTLDs?   Losing auctions. Early on I was part of an investment group looking to apply for a new gTLD.  We found some we liked but when we found out there were other applicants we moved to another because we wanted to own a G [...] Continue reading →

ICANN announced Thursday that the .web new generic Top Level Domain (gTLD) sold for a whopping, and record, $135 million through an auction. The .webs new gTLD was also up on the auction block, but sold to Vistaprint for a rather paltry, in comparison, $1 million. There were eight applicants bidding for .web. The successful [...] Continue reading →

ICANN has just made USD $135 million from an auction completed today (July 29, 2016) to determine who gets to operate .WEB. The auction was part of ICANN's last resort mechanism, when several parties applied for the same suffix but were unable to resolve this contention by themselves. ICANN has just [...] Continue reading →

"NU DOT CO LLC prevailed in the auction for the price of $135 million to operate the .WEB gTLD," announced ICANN today confirming earlier unofficial reports suggesting the amount: "On 27 July 2016, Power Auctions LLC, ICANN's authorized auction service provider, conducted a New Generic Top-Level Domain (gTLD) Program auction to resolve contention for .WEB [...] Continue reading →

ICANN releases official statement on the $135 million .web auction. I have to give credit to Michael Berkens, he told me months ago he thought it would be $100 million plus. On 27 July 2016, Power Auctions LLC, ICANN‘s authorized auction service provider, conducted a New Generic Top-Level Domain (gTLD) Program auction to resolve contention [...] Continue reading →