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Line 159: − In 2001, Verisign proposed the implementation of the Waiting List Service ([[WLS]]) to ICANN. Based on its proposal, the WLS will provide registrants the opportunity to reserve their preferred domain names that are currently registered by other subscribers for one year. Registrars that are willing to accept domain name reservations from registrants under the WLS service will directly transact with Verisign. A domain name will only be transferred to an individual who made the reservation if the original owner submitted a request to delete the domain name. Verisign proposed a $35 fee for the service.<ref>[http://archive.icann.org/en/meetings/bucharest/vgrs-wls-proposal-30dec01.pdf Domain Name+ − + + +
→Waiting List Service (WLS)
==Waiting List Service (WLS)==
==Waiting List Service (WLS)==
On December 30, 2001, Verisign proposed the implementation of the Waiting List Service ([[WLS]]) to the [[DNSO]]. Based on its proposal, the WLS will provide registrants the opportunity to reserve their preferred domain names that are currently registered by other subscribers for one year. Registrars will directly reserve and transact with Verisign to reserve the domain name under the WLS. A domain name will only be transferred to an individual who made the reservation if the original owner submitted a request to delete the domain name. Verisign proposed a $35 fee for the service.<ref>[http://archive.icann.org/en/meetings/bucharest/vgrs-wls-proposal-30dec01.pdf Domain Name Wait Listing Service]</ref>
Wait Listing Service]</ref>
Verisign revised its WLS proposals twice in response to the public comments and discussions with registrars and other organizations on January 28, 2002 and March 20, 2002 respectively.<ref>[http://archive.icann.org/en/meetings/bucharest/vgrs-wls-proposal-28jan02.pdf WLS Revision January 28, 2001]</ref> <ref>[http://archive.icann.org/en/meetings/bucharest/vgrs-wls-proposal-20mar02.pdf WLS Revision March 20, 2002]</ref> On August 23, 2002, ICANN approved the amendment of Verisign's .com and .net registry agreement with ICANN to incorporate the implementation of the WLS for 12-months trial period. The final subscription fee was $24. <ref>[https://community.icann.org/display/tap/2002-08-23+-+VeriSign+WLS+Proposal
2002-08-23 - VeriSign WLS Proposal]</ref>
==References==
==References==