ICANN accused of taking bribe + .com price increase
seriesn
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Last month, ICANN, the organization that oversees domain names, announced significant changes to the contract it has with Verisign, Inc. who operate the .COM top-level-domain (TLD).
ICANN made these changes in secret, without consulting or incorporating feedback from the ICANN community or Internet users. Although ICANN has a history of making similar deals behind closed doors, and also of ignoring unified opposition against such action, we are focused on leading the fight against price increases that will harm our customers (and the Internet as a whole). This is a crucial time to raise our voices given that .COM domains make up 40% of all registered domain names online.
Wholesale registries charge Namecheap a set fee per domain name per year. According to this new agreement, Verisign will be allowed to increase the wholesale price to registrars for .COM domains every year for 8 out of the next 10 years, and the increases don’t stop there.
This will mean that .COM wholesale domain prices can grow by more than 70% over and above current prices over the next decade. The contract also allows for other price increases, which could drive prices up further, ultimately making .COM domains less accessible and more expensive for everybody.
https://www.namecheap.com/blog/icann-allows-com-price-increases-gets-more-money/
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Comments
.Cum price increase talk has been in place for some time now.
Nothing they can do to stop it.
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If there is big money there is big corruption, essentially legal bribery.
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Sad but expected. And I don't think there isn't much which can be done about it.
You could of course go complain at their next meeting in... Cancún, of all places.
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@seriesn Thanks for the information. I wish I could say I was surprised but I knew it would be coming one day. Looks like I’ll be renewing my few domains for the max 10 years, while I can get them at the same price soon. ?
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You can always get a domain from a different TLD.
That's not viable if you have an established brand or service. And many of the alternatives are also managed by ICANN/VeriSign anyway.
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Looks like the maximum it could become is only around $10. That’s about 3 times cheaper than .io domains still.
https://www.icann.org/public-comments/com-amendment-3-2020-01-03-en
lets file a comment to stay with price lock
Oh my! I gotta renew some of my domains to 10 years now
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All of .cum domains are on 10 years already.
♻ Amitz day is October 21.
♻ Join Nigh sect by adopting my avatar. Let us spread the joys of the end.
Yeah, try telling your customers mywebsite.io the first thing you hear is "a dot what?"
But I personally don't see the big issue here. $10 for a .com seems fine.
And who needs .com anyway when you can get .ovh for 99CENTS. Looks professional right? Lol
We have 15 odd .com domains with our registrars.
Factor in discount, savings in Paypal tax (paying in local currency) and tax savings makes no sense for us to leave just yet. We do 2 year renewals maybe will do 3 or 5 then assess.
A learned sage once said, (translated from हिंदी )
“If your child is a good kid, why worry?
Also if your child is a bad kid, why worry?”
Meaning- the good kid will keep doing good, and will prosper no matter. The bad one will pay for their crimes/ sins no matter.”
Similarly, if the business/domain survives and makes you good money after 3 years, $10 a year is hardly a cost.
If the domain continues to remain stagnant or bleed you, then $10 a year should be the least of your worries
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Someone pls say .co registrar to reduce their price !.
Anyway .com is damn way cheaper than .co
so how to make sure a TLD is not below this ICANN? is .moe safe from this?
My long winded drivel on the topic:
https://io.bikegremlin.com/14869/com-price-hike/
Detailed info about providers whose services I've used:
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No.
On another news, this would be a great time to invest in verisign stock.
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Corona will take care of that for us..
My pronouns are asshole/asshole/asshole. I will give you the same courtesy.
Alibaba stock is a great option too
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Is it really true? WTF!
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