[Chapter-delegates] [Internet Policy] [IP] Re Implosion ("death spiral") of new generic top-level domains (gTLDs)

[Bob Hinden]

> On Mar 16, 2017, at 3:49 AM, John Levine <isocmember at johnlevine.com> wrote:
> 
>> Finally, to the extent there is gold in new gTLDs, the greater part of it has gone to ICANN, which
>> collected more than $300 million in application fees, as well as an additional $240 million to date
>> in proceeds from last resort auctions for string contention sets.
> 
> I wouldn't disagree.  Perhaps we can avoid making the same mistake again.

Neither would I.  It reminds me of the stories about the California gold rush.  The people who made money were not the gold miners, but the folks who sold the picks and shovels, clothes, food, etc.  History repeats itself.

Bob


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