Are gTLDs safe to own? Who really owns them?

bartosimpsonio · Mar 3, 2015

If I understand correctly, any random company can bid for gTLD's and buy the rights to resell subdomains for them, correct?

If these companies fold, do people who buy subdomains lose their investment?

If I buy a gTLD subdomain and invest in it, am I at a risk of losing it all if the owner of the gTLD owner wants to take it or if they go broke?

In other words, suppose a subdomain for a gTLD becomes big, is the property safe? Or does ICANN offer any guarantees?

I searched but couldn't find any info about this, so I guess BHW would be the best place to ask. Thanks.

kbklash · Mar 3, 2015

I don't ,i am gonna stick with .com anyway.I am not sure about gTLd broker/registrar/owner get broke and you loose all your hard earned cash.I assume ,there is kind of security deposit to ICANN to make sure,things go right.(Please correct me ,if i am wrong).ccTLd was another hype occurred same time. Seen the ccTld usage of del.icio.us.That was so eye catching and different at a time.What happened now!!,Delicious actually reverted to using their .com domain.I won't get fancy about domain TLDs other than .ComS ,But that's just me.

bartosimpsonio · Mar 3, 2015

Anyone else know the ins and outs of gTLD's?

Wilson Grant Fisk · Mar 3, 2015

bartosimpsonio said:
If I understand correctly, any random company can bid for gTLD's and buy the rights to resell subdomains for them, correct?

If these companies fold, do people who buy subdomains lose their investment?

If I buy a gTLD subdomain and invest in it, am I at a risk of losing it all if the owner of the gTLD owner wants to take it or if they go broke?

In other words, suppose a subdomain for a gTLD becomes big, is the property safe? Or does ICANN offer any guarantees?

I searched but couldn't find any info about this, so I guess BHW would be the best place to ask. Thanks.

I presume that if you have purchased a subdomain for a specified period at a specified price then that would constitute a contract enforceable by law.
If they go broke, then it would probably be considered an asset to be disposed of by the receiver.
Obviously, I am not a Lawyer and have no idea if that even makes any sense.
Also, forgive me, I have a serious dose of Man Flu and can't face reading through the ICANN docs.

http://newgtlds.icann.org/en/
http://newgtlds.icann.org/en/applicants/corner
http://newgtlds.icann.org/en/applicants/customer-service/faqs/faqs-en
http://www.gtld.com/netnames-dot-strategy-guide

bartosimpsonio · Mar 3, 2015

Thanks W130SN.

I tried reading through all those ICANN docs but it felt like I was reading greek or something.

The main question is : if I invest time and money into acme.somegenericdomain will the owner of somegenericdomain be able to take acme from me if they wanted to or if they go broke?

We take .com for granted cuz it's a major US institution and so forth. But how can we trust these thousands of common companies which registered gTLD's?

kbklash · Mar 3, 2015

Pretty much geeky.Not sure this make any help.
Still ,read it pls https://www.godaddy.com/agreements/showdoc.aspx?pageid=REG_SA

bartosimpsonio · Mar 3, 2015

kbklash said:
Pretty much geeky.Not sure this make any help.
Still ,read it pls https://www.godaddy.com/agreements/showdoc.aspx?pageid=REG_SA

Thanks but I have no idea what all that means

kbklash · Mar 3, 2015

bartosimpsonio said:
Thanks but I have no idea what all that means

I guess , I found what you're looking for.

Q. If I have domain names with a registrar that lost its accreditation, will I lose my domain names?

A. No. Your registrar's gTLD names will be transferred to another registrar, as described below. Two-letter country-code (ccTLD) names, such as dot-in and dot-us, are not affected by this process.

Read it below

https://www.icann.org/news/announcement-2010-02-09-en

Thanks

bartosimpsonio · Mar 4, 2015

kbklash said:
I guess , I found what you're looking for.

Q. If I have domain names with a registrar that lost its accreditation, will I lose my domain names?

A. No. Your registrar's gTLD names will be transferred to another registrar, as described below. Two-letter country-code (ccTLD) names, such as dot-in and dot-us, are not affected by this process.

Read it below

https://www.icann.org/news/announcement-2010-02-09-en

Thanks

That addresses my doubt. Thank you!

Are gTLDs safe to own? Who really owns them?

bartosimpsonio

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Wilson Grant Fisk

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