.market

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Status: Delegated
Registry Provider: Demand Media
Registry: Rightside
Registry Backend: Rightside
Type: Generic
Category: Commerce
PIC Submitted: Download Here
Priority #: 515 - Donuts (Victor Way, LLC)
nTLDStats
Registrations: 25,212
Parked Domains: 16,498
Parked Domain %: 65.44 %
Important Dates
Delegation: 31 May 2014
General Availability: 05 November 2014

More Information: NTLDStatsLogo.png

.market is a gTLD that was proposed in ICANN's New gTLD Program. The applicant was Donuts (Victor Way, LLC) but ownership of the TLD was later transferred to Rightside (United TLD Holdco, Ltd.).[1][2] Their application succeeded and was delegated to the Root Zone on 31 May 2014, making Rightside the Registry Operator of the string.[3]

Another applicant has applied for a similar string, .markets.[4]

Background

Application Details

Many of Donuts' applications, including this one, seem to have been applied for using the same boiler-plate application in which the TLD is defined as a means of providing greater expression on the Internet and will be an open TLD without pre-registration policies. It notes its plans to adhere with all registration policies required by ICANN and its intent to have remediation and takedown policies clearly defined to fit within these requirements. Pre-registration verification will not be used and this as defined as causing "cause more harm than benefit by denying domain access to legitimate registrants." They intend to control abuse through "extensive user and rights protections."[5]

Ownership Transfer to Rightside

Donuts applied for .market through Victor Way, LLC which is a subsidiary of Covered TLD, LLC. Donuts used Covered TLD to apply for 107 of its 307 New gTLD applications, and it is believed that Rightside (through subsidiary United TLD Holdco) has the option to gain an ownership stake in the TLD applications under Covered TLD. Thus there are a number of the 107 TLDs under Covered TLD in which ownership was transferred from Donuts to Rightside.[6]

Contract Signed

On 6 March 2014 Donuts received a Registry Agreement signed by ICANN for .market after passing all the required processes needed to become a Registry Operator for the string. Later Donuts assigned the Registry Agreement to Rightside (United TLD Holdco, Ltd.).[7]

Delegation and Availability

.market was delegated to the Root Zone of the DNS on 31 May 2014, completing the successful application for the string.[3]

References