ICANN board approves recommendations on new gTLD auction proceeds - ITREALMS

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The board of directors of the Internet Corporation for Assigned Names and Numbers (ICANN) has approved recommendations of the Cross-Community Working Group on the new Generic Top Level Domain (gTLD) Auction proceeds, reports ITREALMS. 

Confirming this to ITREALMS in his latest blog, the ICANN board chair, Maarten Botterman, noted that through this action, the Board accepted the ICANN community’s recommendations and looks to the ICANN organization (org) to start a new phase of work: design, planning, and implementing an ICANN grant-giving programme.

"Through this program, millions of dollars will be delivered to projects around the world to support the global interoperability, reliability, and security of the Internet’s unique identifiers," he said.

Also, he said that this decision materializes the board’s long-standing promise to the community that disbursement of the auction proceeds would be done in line with community-developed proposals.

He pointed out that the CCWG-AP was tasked with delivering proposals to the Board for how the proceeds accrued from the auctions of last resort in the 2012 New Generic Top-Level Domain (gTLD) Programme should be distributed.

The community, he said, devoted years of work to reach consensus recommendations, which form the basis of a grant-making program that has the potential to positively impact the Internet ecosystem and people across the world in furtherance of ICANN’s mission.

"The board looks forward to org developing a program in line with the community’s recommendations," he said.

"It is my privilege to announce that on 12 June 2022, the ICANN Board approved the recommendations of the Cross-Community Working Group on New gTLD Auction Proceeds (CCWG-AP)," Botterman said.