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gTLD Auctions
In the case where multiple entities apply for a single ICANN new gTLD, two main models -- ICANN Auctions and Private Auctions -- will be used to determine the winner of each contention set. Exceptions are made in the case of geographic and community-based applicants, who receive preferential treatment over other applicants. ICANN condones private auctions, as it has encouraged applicants to resolve contention themselves, presumably through buy-outs, partnerships, and auctions. ICANN offers its own auction model as a last resort. All proceeds from gTLDs auctioned off under ICANN's auction model will go to ICANN as "excess funds" that will be redistributed at a later date, in ways that are yet to be determined.
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.com
.com is one of the first TLDs to be used on the Internet's Domain Name System; it was originally intended for commercial purposes, though there are no current restrictions limiting it to commercial entities. It was introduced in 1985 by IANA, which is responsible for the overall coordination and management of the DNS; the organization was led by Jon Postel at the time. On January 28, 1986, the entities overseeing the DNS met and restructured its makeup to correspond to 8 TLDs, including .com, the others are: .gov (government), .edu (American higher education), .mil (American military), .org (organization), .int (international, specifically NATO relations), .net (sites related to the Internet itself), and .bitnet (computers on the BITNET network).
Explore the history of the world's most popular TLD with this article.
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