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Another new gTLD up for sale with $750,000 reserve

Another new gTLD contract is hitting the market, with Dotversicherung-registry offering .versicherung at auction next month.

The August 26 auction, to be managed by RightOfTheDot and Heritage Auctions, has a $750,000 reserve.

The string is the German word for “insurance”. The gTLD launched 10 months ago.

“There are over 3,000 domain names registered to the German speaking insurance industry at 99 euro’s a year with virtually no advertising, marketing or promotion,” RightOfTheDot’s Monte Cahn said.

Retail prices range from 150 euros to 250 euros a year.

The registry has 10,000 reserved keyword domains that will pass to the buyer, according to RightOfTheDot.

Dot London auctioning 50 registry-owned premium names

Kevin Murphy, July 13, 2015, Domain Sales

Dot London is to auction off 50 premium .london domains over the next two weeks.

The names are all currently registry-owned, and include the likes of dentist.london, flats.london and coffee.london. The full list can be viewed here.

The auctions are scheduled to end on July 30 and all have £100 ($155) starting bids.

According to the registry, it has sold over 3,000 names from its premium list since its launch last year. Some live examples include golf.london and catering.london.

The .london gTLD has a tad over 63,000 names in its zone file today.

Donuts: glitch revealed price we would pay for gTLDs

The recently discovered security vulnerability in one of ICANN’s web sites revealed how much Donuts was willing to pay for contested gTLDs at auction.

This worrying claim emerged during a meeting between registries and the ICANN board of directors at ICANN 53 in Buenos Aires yesterday.

“We were probably the largest victim of the data breach,” Donuts veep Jon Nevett told the board. “We had our financial data reviewed numerous times, dozens of times. We had our relative net worth of our TLDs reviewed, so it was very damaging information.”

He was referring to the misconfiguration in the new gTLD applicants’ portal, which allowed any user to view confidential application attachments belonging to any applicant.

ICANN discovered the problem in February, two years after the portal launched. The results of a security audit were revealed in late April.

But it was not until late May that it emerged that only one person, dotBerlin CEO Dirk Krischenowski, was suspected by ICANN of having deliberately viewed data belonging to others.

Nevett said communication should have been faster.

“We were in the dark for a number of weeks about who saw the data,” he told the board. “That was troubling, as we were going to auctions in that interim period as well.”

Donuts, which applied for over 300 new gTLDs, is known to have taken a strictly numbers-driven approach to string selection and auction strategy.

If a rival in a contention set had known how much Donuts was prepared to pay for a string, it would have had a significant advantage in an auction.

In response to Nevett’s concerns, ICANN CEO Fadi Chehade said that ICANN had to do a thorough investigation before it could be sure who saw what when.

XYZ buys .security and .protection from Symantec

XYZ.com has added .security and .protection to its portfolio of new gTLDs under a private deal with security software maker Symantec.

Symantec originally applied for both as closed generics, but changed its plans when ICANN changed its tune about exclusive access gTLDs.

The company won .security in an auction against Donuts and Defender Security late last year; .protection was uncontested. It lost auctions for .cloud and .antivirus.

Symantec’s .symantec and .norton, both dot-brands, are currently in pre-delegation testing.

XYZ already owns .college, .rent and of course .xyz.

In other news, Afilias has acquired .promo, which was in PDT with applicant Play.Promo Oy, in a private auction.

UPDATE: A couple of hours after this post was published, XYZ announced it has also acquired .theatre, which will compete with Donuts’ .theater, from KBE gTLD Holding Inc.

.hiv reserve set at $200,000, revenue so far $83,000

Kevin Murphy, April 24, 2015, Domain Registries

The soon-to-be-auctioned new gTLD .hiv has a reserve price of $200,000, but the registry reckons it’s worth as much as $700,000.

That’s according to auction documents provided by dotHIV Registry to DI today.

The documents also reveal that .hiv has made a profit revenue of $83,000 in its first seven months.

UPDATE: Germany-based dotHIV says now that the reference to “net income” in its prospectus was a translation error. The $83,000 refers to revenue — the top line, not the bottom line. The company intends to update its auction documents “instantly”.

Earlier today we reported that the gTLD is to go under the hammer with Innovative Auctions on June 3/4.

We reported that the gTLD had about 2,000 registrations, but it turns out that number includes about 1,700 registry-reserved names.

The actual number, as of March 31, is 410, of which 345 pay the $179 annual registry fee. Another 63 domains were given away for free to HIV charities for a three-year period.

While this generated a net income revenue of $83,000, registry CEO Carolin Silbernagl confirmed to DI that its contract with ICANN is supposed to require “all” of its profits to be donated to HIV causes.

According to the documents:

Public Interest Commitment binds the TLD to non-profit operations. All excess profit, after the deduction of all thinkable costs and investments, is to be donated to a charitable cause of the owner’s choice.

We have founded and built the .hiv TLD as a tool for positive social impact. To safeguard this vision, the voluntary PIC in the .hiv Registry Agreement binds the owner to invest all excess profit in the projects that support the fight against AIDS.

All this comes at no risk for the registry: Operational costs are covered first. No one expects you to donate if there is no surplus. Costs include the purchase price of the TLD in this auction.

The registry’s documents affirm that the key reason to buy .hiv would be to boost your public image due to “corporate social responsibility”.

The buyer would also get free marketing support from the German ad agency thjnk and free data escrow from NCC Group until July 2017, along with a bunch of software dotHIV uses to manage the TLD.

According to dotHIV, there were 14,000 pre-registrations with registrars prior to launch. Most balked at the high registration fee and did not convert into buyers.

The registry says the new owner could capitalize on some of this interest, growing volumes, by reducing its registry fee.

There are 47 registrars accredited to sell .hiv domains, including Go Daddy.

Premium names sold so far, for between $1,500 and $5,000, include: treat.hiv, test.hiv, cure.hiv, prevent.hiv, magazin.hiv, hivanswers.hiv, prävention.hiv, prep.hiv, vorsorge.hiv.

If dotHIV makes a profit from selling the gTLD, it says it will donate it to HIV charities.