Translations:GTLD Auctions/10/en
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Benefits of the private auction model include the following:[1]
- Elimination of ICANN Process Delays: Resolving contentions externally allows for more efficient application processing.
- Recovery of Funds: Non-winning bids receive a portion of the winning bid.
- Partial Application Fee: Those who do not win their TLD may be eligible to receive a partial refund from ICANN, in addition to payouts from the winning bids.
- ↑ gTLD Contention Set Auctions: Private Auction Alternatives, CircleID.com. Published 3 December 2012. Retrieved 6 December 2012.