Changes

|Date Established=January 2017

|Date Established=January 2017

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The '''Cross-Community Working Group on New gTLD Auction Proceeds''' was convened to develop a proposal for the mechanism to be used for the allocation of auction proceeds from the new gTLD program.  

The '''Cross-Community Working Group on New gTLD Auction Proceeds''' was convened to develop a proposal for the mechanism to be used for the allocation of auction proceeds from the new gTLD program. These auctions were established as a mechanism for resolving contention sets<ref>[https://newgtlds.icann.org/en/applicants/auctions/proceeds New gTLD Auction Proceeds]</ref>, or a group of applications containing identical or similar strings.<ref>[https://newgtlds.icann.org/en/applicants/glossary new gTLD Glossary]</ref>

Within ICANN's [[New gTLD Program]], auctions were established as a mechanism for resolving contention sets<ref>[https://newgtlds.icann.org/en/applicants/auctions/proceeds New gTLD Auction Proceeds]</ref>, or a group of applications containing identical or similar strings.<ref>[https://newgtlds.icann.org/en/applicants/glossary new gTLD Glossary]</ref> Although the majority of contention sets were handled through pother means, 17 were resolved through ICANN Auctions, totaling $233.5 million USD in proceeds.  

It was recognized from the start that the auction process could bring in significant proceeds, so the funds received through the auction process were reserved until the ICANN Board authorizes appropriate use of the funds. Although the majority of contention sets were handled through pother means, the 17 that were resolved through ICANN Auctions totaled $233.5 million USD in proceeds.  

==Charter Status==

 

===Charter Status===

*[[ASO]] - no objections to current charter proposal and confirmed adoption

*[[ASO]] - no objections to current charter proposal and confirmed adoption

*[[ALAC]] – [https://community.icann.org/display/atlarge/ALAC+Actions+in+ICANN+57 ratified charter on 7 November 2016]

*[[ALAC]] – [https://community.icann.org/display/atlarge/ALAC+Actions+in+ICANN+57 ratified charter on 7 November 2016]