Revealed: the cost of insuring against gTLD failure
03 January 2012
Edward Conlon, London
Generic TLD applicants will need a maximum of $300,000 to support their registry for three years if it were to fail, according to figures released by Icann in December
Applicants must submit a continued operations instrument (COI), which requires them to show either through a cash escrow or a letter of credit that there are sufficient funds available so an emergency operator can run the failed registry.
Icann’s estimates, based on data from 14 emergency back end registry operator (EBERO) applicants, show a sliding scale of costs depending on the number of registered domains (see table below).
The figures show that brand owners using their gTLD defensively should only need the minimum $18,000, while larger commercial registrants with more than 250,000 domains would need the maximum $300,000.
Icann said...
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