* Elimination of ICANN Process Delays: Resolving contentions externally allows for more efficient application processing.
* 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.
* Recovery of Funds: Non-winning bids receive a portion of the winning bid.
−
* Partial Application Fee: Those who not win their TLD may be eligible to receive a partial refund from ICANN, in addition to payouts from the winning bids.
+
* 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.
Drawbacks of the private auction model include the following:<ref name="circleid"></ref>
Drawbacks of the private auction model include the following:<ref name="circleid"></ref>