First Private Auction for New Generic Top Level Domains Completed: 6 gTLDs Valued at

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On behalf of Innovative Auctions, I am very happy to announce that we've successfully completed the first private auction for generic Top Level Domains (gTLDs). Our auction resolved contention for 6 gTLDs: .club, .college, .luxury, .photography, .red, and .vote. Auction winners will pay a total of $9.01 million. All other participants will be paid from these funds in exchange for withdrawing ...

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interesting and fair way of resolving the extension contention. Winners pay the loser's (less the commission to the auction hoster's, lol)