A great way to squeeze the last dollars out of domains, now that all are squatted.
The application fees were $5k registration + $185k or $47k evaluation, so they collected something between $100 million and $366 million dollars, annual fees excluded.
I can see two possible outcomes:
1. all conflicts are resolved by agreements/bidding, process goes smoothly. But usage nevers picks up, and in a years'time it's all money down the drain.
2. ICANN backpedals and decides to cancel this stupid idea, while deciding to (legally) keep the application fees. Fighting ensues and we get a new, better management organization. Or worse.
The application fees were $5k registration + $185k or $47k evaluation, so they collected something between $100 million and $366 million dollars, annual fees excluded.
I can see two possible outcomes:
1. all conflicts are resolved by agreements/bidding, process goes smoothly. But usage nevers picks up, and in a years'time it's all money down the drain.
2. ICANN backpedals and decides to cancel this stupid idea, while deciding to (legally) keep the application fees. Fighting ensues and we get a new, better management organization. Or worse.