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M+M raises $4.4m losing latest gTLD auctions

Kevin Murphy, December 3, 2014, Domain Registries

Minds + Machines made $4.4 million losing three recent new gTLD auctions, according to a company press release.

It’s withdrawn bids for .latino, .school and a third string it said it could not disclose due to the rules of the private auction.

M+M now says it has $45 million cash on hand.

So far, the company has withdrawn 31 new gTLD applications, almost half of its original 70. Not all of those were lost at auction.

It has 17 contested applications left and expects those contention sets to be resolved one way or the other by the end of June 2015.

Final .eco applicant completes evaluation

Planet Dot Eco has finally passed its ICANN evaluation, meaning the four-way contention set for one of the oldest public new gTLD ideas, .eco, can move forward a little.

In its Initial Evaluation last August, the company scored a miserable 1 point on its financial evaluation, failing to hit the target of 8 points, and scored a 0 on one of its technical criteria.

But with the Extended Evaluation results published today (pdf), Planet Dot Eco managed to scrape passing scores on both parts of the evaluation.

This means that the .eco contention set, which also includes Donuts, Minds + Machines and Big Room, is no longer being held up by evaluations.

However, Big Room’s is a Community application and the company has indicated that it will go for a Community Priority Evaluation.

Unless Big Room wins the CPE (which strikes me as unlikely), that will also delay any possibility of contention resolution.

Afilias wins .green auction

Afilias won the auction for the .green new gTLD, it emerged today.

Rightside withdrew its application for the string in the last few days, according to the ICANN web site, leaving Afilias the only remaining applicant in the four-way contention set.

Top Level Domain Holdings said last week that it had lost a private auction with Afilias and Rightside. The fourth applicant, Dot Green, withdrew last year citing the likely cost of an auction.

It’s not known how much Afilias paid in the auction, but it’s likely to have been in the millions.

.wedding and .green gTLD auctions raise millions

Kevin Murphy, February 25, 2014, Domain Registries

Two more new gTLDs — .wedding and .green — have been auctioned off, with proceeds amounting to millions of dollars.

Top Level Domain Holdings said in a press release that it won .wedding and lost .green, which cost it a net $2.23 million.

That’s the amount it paid for .wedding, minus its share of the .green winning bid and its ICANN refund for withdrawing its .green application.

I don’t think we can infer the exact sale price of .wedding from that, other than to say that it was definitely over $2.2 million.

TLDH did not say who won the .green auction. The only other remaining applicants, after Dot Green’s withdrawal last year, were Rightside and Afilias. Neither has withdrawn their applications yet.

In the .wedding auction, conducted by Applicant Auction, it beat rival portfolio applicants Donuts and What Box?

M+M sees 200,000 .london names in its future

Kevin Murphy, February 14, 2014, Domain Registries

Minds + Machines CEO Antony Van Couvering reckons the company’s forthcoming .london new gTLD could see as many as 200,000 domains under management, just from small businesses.

He told DI the target is realistic following the results of a YouGov survey of 1,001 London-based small businesses, which found that 26% were “likely” to buy a .london name.

From this, YouGov extrapolated that there are at least 218,140 companies ready to register a .london.

Van Couvering would not put a deadline on hitting the ambitious goal, but said that registry Dot London Domains and M+M as technical provider are “going to do our best to make the launch well-publicized and successful.”

Judging by the gTLD’s official web site, which carries quotes from the likes of Selfridges, the London Eye and Carnaby Street, there’s been a fair bit of outreach to recognizable London brands already.

Dot London backer London & Partners is the Mayor’s office’s official PR agency, so you can imagine there’s going to be some decent marketing resources thrown at marketing.

The .london gTLD is due to launch April 29 this year, according to the registry.

It’s been contracted with ICANN since November 14, so is running well over the average time to delegation of 70 days.