Home / Blogs

First gTLD Auction Settled; Next Auction Will Be on August 13th

Don't miss a thing – sign up for CircleID Weekly Wrap newsletter delivered to your inbox once a week.
Sheel Mohnot

We're pleased to announce that the first Applicant Auction has come to a successful finish! As of this morning, the winners are now the only remaining applicants for the six contested strings:

.club — .CLUB Domains
.college — XYZ.COM
.luxury — Luxury Partners
.photography — Donuts
.red — Afilias
.vote — Monolith Registry

The winning prices totalled $9.01 million, which we have distributed to the other applicants after confirming that their ICANN applications have been withdrawn.

The auction resolved contention among nine entities — Afilias, .CLUB Domains, Covered TLD, Donuts, Luxury Partners, Monolith Registry, Merchant Law Group, Top Level Design LLC, and XYZ.com — including a three-way contest for .club.

This is an important milestone for us at Innovative Auctions that we're proud to share with the CircleID community. In completing the auction, we have confirmed that this auction model was a transparent, reliable way of settling contention between applicants. All of the winners are now on track to receive ICANN approval for ownership of the domains, and the other participants have received pay outs upon withdrawal of their applications.

As promised, everything was transparent and predictable. All participants agreed that the results were fair — in fact, all of the participants from this auction who have additional strings in contention have signed on to use the process to resolve their remaining contentions. We're looking forward to helping these and other applicants resolve contention in the upcoming auctions.

Currently, we have the next auction scheduled for August 13, and we're excited about the growing number of participants. If you'd like to participate, please reach out! We are also open to holding auctions on earlier dates, if applicants require them. Either way, drop us an email at info@applicantauction.com, and we'd be happy to discuss.

By Sheel Mohnot, Project Director, Applicant Auction. More blog posts from Sheel Mohnot can also be read here.

Related topics: ICANN, Top-Level Domains

 
   

Comments

To post comments, please login or create an account.

Related Blogs

Related News

Explore Topics

Dig Deeper

Afilias

DNS Security

Sponsored by Afilias
Verisign

Cybersecurity

Sponsored by Verisign
Afilias Mobile & Web Services

Mobile Internet

Sponsored by Afilias Mobile & Web Services

Promoted Posts

Now Is the Time for .eco

.eco launches globally at 16:00 UTC on April 25, 2017, when domains will be available on a first-come, first-serve basis. .eco is for businesses, non-profits and people committed to positive change for the planet. See list of registrars offering .eco more»

Industry Updates – Sponsored Posts

.PRESS Supports Press Freedom Day for 3rd Consecutive Year

5 Afilias Top Level Domains Now Licensed for Sale in China

Radix Announces Largest New gTLD Sale with Casino.Online

2016 Year in Review: The Trending Keywords in .COM and .NET Domain Registrations

Global Domain Name Registrations Reach 329.3 Million, 2.3 Million Growth in Last Quarter of 2016

A Look at How the New .SPACE TLD Has Performed Over the Past 2 Years

Neustar to be Acquired by Private Investment Group Led by Golden Gate Capital

Startup League Reports from WebSummit, Lisbon

.SPACE Becomes the Choice of the First Ever Space Nation Asgardia

Afilias Chairman Jonathan Robinson Wins ICANN's 2016 Leadership Award at ICANN 57

MarkMonitor Supports Brand Holders' Efforts Regarding .Feedback Registry

Why .com is the Venture Capital Community's Power Player

The .cancerresearch TLD: Search for Cure Drives Digital Innovation

New TLD? Make Sure It's Secure

Radix Launches Startup League at TechCrunch

Celebrating One Year of .online

LogicBoxes Launches the New Elite Reseller Program

Afilias Acquires Premium TLDs .ARCHI, .BIO and .SKI

Radix Adds Dyn as a DNS Service Provider

Facilitating a Trusted Web Space for Financial Service Professionals