Home / Blogs

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

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million, which we have distributed to the other applicants after confirming that their ICANN applications have been withdrawn.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

WEEKLY WRAP — Get CircleID's Weekly Summary Report by Email:

Comments

To post comments, please login or create an account.

Related Blogs

Related News

Topics

Industry Updates – Sponsored Posts

IBCA Presentation to ICANN GAC on Protection of Geographic Names in New gTLDs

NSW Government Launches .sydney Domain

New .VOTE and .VOTO Domains Now Available

.LGBT Public Launch Begins Today

.POKER Domain Sunrise Period Begins

New .VOTE and .VOTO Domains Sunrise Period Begins

New .LGBT Domain Sunrise Period Begins

Season's Greetings - 2014 End of Year Message from DotConnectAfrica

Minds + Machines in 2014 and 2015

New .VOTE and .VOTO Domains Launched

Consumers Prefer the .ORGANIC Domain for True-Organic Goods

DNW Podcast Interview with Antony Van Couvering

TLD Registry and Right of the Dot Establish a Domain Name Industry "Dream Team"

TLD Registry Ltd Welcomes New Board Members

New .LGBT Top-Level Domain Launched

.sydney Domain Names Now Available in Pre-Release

"Chinese Domaining Masterclass" to be Presented at NamesCon Las Vegas in January 2015

Auction and Sales Channel Update

Radix Set to Launch .SITE TLD in 2015

Annual Manthan Award Event This Week

Sponsored Topics

dotMobi

Mobile

Sponsored by
dotMobi
Minds + Machines

Top-Level Domains

Sponsored by
Minds + Machines
Verisign

Security

Sponsored by
Verisign
Afilias

DNS Security

Sponsored by
Afilias