18 Sep '14, 7am

Just blogged: Second last-resort gTLD auction raises $14.3m #newgtlds #icann

Second last-resort gTLD auction raises $14.3m Kevin Murphy , September 18, 2014, 07:27:36 (UTC), Domain Registries ICANN has raised $14.3 million auctioning off three new gTLDs — .buy, .tech and .vip. It was the second batch of “last resort” auctions, managed by ICANN and Power Auctions, in which the winning bids are placed in a special ICANN fund. Notably, while Google participated in all three auctions, it failed to win any, setting a reassuring precedent for any smaller applicants that are set to face the deep-pocketed giant in future auctions. .tech was the biggest-seller, fetching $6,760,000 after nine rounds of bidding. The winner was Dot Tech LLC, which beat Google, Minds + Machines, Donuts, NU DOT CO, and Uniregistry. .buy went to Amazon for $4,588,888, beating Google, Donuts and Famous Four Media. The bidding lasted seven rounds. Finally, .vip sold to Minds + Mach...

Full article: http://domainincite.com/17352-second-last-resort-gtld-auc...

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Just blogged: Second new gTLD round “possible” ...

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