Who gets to keep the money ?!?!?!?!?!?! - DNForum - Domain Sales, Domain Forum, Domain Appraisals, Domain Registrars

**cadillac880** · 10-03-2009, 08:55 AM

I have a stupid question when an auction occurs like the recent single character .biz one that raised approx. $360,000

http://www.domainnamenews.com/domain.../6214#comments

Who gets the money??? The registry, NeuStar, Icann ?

These names were never registered before therefore who's property are they and how is this determined? Are there limitations in how they may use the funds example: advertisment for the extension, improving servers, etc.

Thanks in advance

**DomainsInc** · 10-03-2009, 12:03 PM

I would imagine the people who run the .biz tld would get the money. I totally forgot about the one letter .biz auctions.

**cadillac880** · 10-03-2009, 12:25 PM

So far it doesn't seem like anyone knows for sure? But who runs the .biz tld and are they free to send $360,000 as they'd like or only to benefit the tld? Remember these name were never registered before which is why I am curious.

Thanks

Quote:

Originally Posted by DomainsInc

I would imagine the people who run the .biz tld would get the money. I totally forgot about the one letter .biz auctions.

**kevmacmeh** · 10-03-2009, 01:10 PM

Sedo will no doubt get substantial commission for promoting and selling $xxx,xxx worth of domains.

The rest of the dosh will go to the .biz operators.

**cadillac880** · 10-03-2009, 01:20 PM

And the "operators" are free to spend the money as seen fit? Any oversight? Who are the operators?

Quote:

Originally Posted by kevmacmeh

Sedo will no doubt get substantial commission for promoting and selling $xxx,xxx worth of domains.

The rest of the dosh will go to the .biz operators.

**sdsinc** · 10-03-2009, 02:48 PM

I think the operators are for-profit corporations so I suppose they manage their budget freely, like any other corporation. They just need to respect the Icann contract.

10-03-2009, 08:55 AM	#1 (permalink)
cadillac880 Last Online: Yesterday 05:59 PM iTrader: (58) Join Date: Aug 2006 Posts: 1,060 DNF$: 331 Location: Parts Unknown Country:	Who gets to keep the money ?!?!?!?!?!?! I have a stupid question when an auction occurs like the recent single character .biz one that raised approx. $360,000 http://www.domainnamenews.com/domain.../6214#comments Who gets the money??? The registry, NeuStar, Icann ? These names were never registered before therefore who's property are they and how is this determined? Are there limitations in how they may use the funds example: advertisment for the extension, improving servers, etc. Thanks in advance

10-03-2009, 01:10 PM	#4 (permalink)
kevmacmeh Platinum Lifetime Member Name: Kevin Last Online: Yesterday 12:15 PM iTrader: (10) Join Date: Feb 2006 Posts: 417 DNF$: 0 Location: Scotland Country:	Sedo will no doubt get substantial commission for promoting and selling $xxx,xxx worth of domains. The rest of the dosh will go to the .biz operators. __________________ 47 One Letter Domain Names - $85,000 - just $1800 per name including o.bb and i.bb

10-03-2009, 02:48 PM	#6 (permalink)
sdsinc Missing in action Name: Kate Last Online: Yesterday 04:42 PM iTrader: (41) Join Date: Jul 2005 Posts: 4,679 DNF$: 28,133 Location: .cz Country:	I think the operators are for-profit corporations so I suppose they manage their budget freely, like any other corporation. They just need to respect the Icann contract. __________________ VeryOldNames.com

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

10-03-2009, 12:03 PM	#2 (permalink)
DomainsInc Platinum Lifetime Member Last Online: Yesterday 10:35 PM iTrader: (3) Join Date: Jan 2007 Posts: 1,440 DNF$: 437 Location: Ottawa Country:	I would imagine the people who run the .biz tld would get the money. I totally forgot about the one letter .biz auctions.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)