.loans

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Status:	Delegated
Type:	Generic
Category:	Commerce
Priority #:	1441 - Donuts (June Woods, LLC) 1465 - Radix (Dotserve Inc.)

.loans is a gTLD that was proposed in ICANN's new gTLD Program. Donuts' application succeeded and was delegated to the Root Zone on 15 May 2014, making the company the Registry Operator for the string.

Famous Four Media (dot Loan Limited) is an applicant for the singular version, .loan.

Background

Donuts

The Donuts application was issued a GAC Early Warning from the representative of Australia and GAC Chair, Heather Dryden. The warning system is noted as a strong recommendation on behalf of national governments to the ICANN Board that a given TLD application should be denied as it stands. Applicants are encouraged to work with objecting GAC members. The warning states that the TLD refers to a regulated market but that the applicant has not provided for adequate measures to protect from consumer harm. Retrieved 25 Nov 2012</ref>

Previous Applicants

1. Radix, .loans is one of 31 applications submitted by the company.

Radix received a[GAC Early Warning as an entire applicant, where each one of the applicants was flagged by the U.S. Government. This seems to be the only time a portfolio applicant had all of their applications warned. The issue does not deal with the technical capabilities or thematic content of their applications, but rather the inclusion of an email address associated with the US' Federal Bureau of Investigation. It seems that Radix included correspondence with this address as a recommendation with each of their applications.

Auction

It was announced on 19 Dec 2013 that Donuts won in a private auction against Radix the right to .loans. Donuts is now the sole remaining applicant and Radix will receive a pay-off from Donuts in return for withdrawing their application. The auction was administered by Applicant Auction.

Contract Signed

On 20 March 2014 Donuts received a Registry Agreement signed by ICANN for .loans after passing all the required processes needed to become a Registry Operator for the string.

Delegation and Availability

.loans was delegated to the Root Zone of the DNS on 15 May, 2014, completing the successful application for the string.