Auction Proceeds Page Updated with Latest Auction Results

Domain

Auctions are the mechanism of last resort to resolve string contention within the New gTLD Program. ICANN expects that most string contention will be resolved through other means before reaching an Auction conducted by ICANN’s authorized Auction service provider, Power Auctions LLC. However, there is a possibility that significant funding will accrue as a result of several Auctions. Auction proceeds will be reserved and earmarked until the Board determines a plan for the appropriate use of the funds through consultation with the community. Auction proceeds are net of any Auction costs. Auction costs may include initial set-up costs, auction management fees, and escrow fees.

Below is a breakdown of Auction proceeds as of 1 August 2016.

Description Proceeds Costs Net Proceeds Auction Development Costs Direct Contention $ 230,000 Indirect Contention $ 120,000 Wilmington Trust Annual Fees $ 5,250 Subtotal: Auction Development Costs $ – $ 355,250 $ (355,250) 4 June 2014 Auction Completed Auctions $ 600,000 $ 24,000 Escrow Fees $ 500 Subtotal: 4 June 2014 Auction $ 600,000 $ 24,500 $ 575,500 9 July 2014 Auction Scheduled and Cancelled $ 10,000 Escrow Fees $ 500 Subtotal: 9 July 2014 Auction $ – $ 10,500 $ (10,500) 6 August 2014 Auction Scheduled and Cancelled $ 20,000 Escrow Fees $ 500 Subtotal: 6 August 2014 Auction $ – $ 20,500 $ (20,500) 17 September 2014 Auction Completed Auctions $ 14,349,776 $ 573,991 Scheduled and Cancelled $ 60,000 Escrow Fees $ 3,750 Subtotal: 17 September 2014 Auction $ 14,349,776 $ 637,741 $ 13,712,035 22 October 2014 Auction Completed Auctions $ 12,889,463 $ 515,579 Scheduled and Cancelled $ 100,000 Escrow Fees $ 5,750 Subtotal: 22 October 2014 Auction $ 12,889,463 $ 621,329 $ 12,268,134 19 November 2014 Auction Completed Auctions $ 700,000 $ 28,000 Scheduled and Cancelled $ 150,000 Escrow Fees $ 4,250 Subtotal: 19 November 2014 Auction $ 700,000 $ 182,250 $ 517,750 17 December 2014 Auction Completed Auctions $ 6,447,888 $ 257,916 Scheduled and Cancelled $ 90,000 Escrow Fees $ 3,500 Subtotal: 17 December 2014 Auction $ 6,447,888 $ 351,416 $ 6,096,472 21 January 2015 Auction Scheduled and Cancelled $ 30,000 Escrow Fees $ 750 Subtotal: 21 January 2015 Auction $ – $ 30,750 $ (30,750) 25 February 2015 Auction Completed Auctions $ 25,001,000 $ 700,020 Scheduled and Cancelled $ 40,000 Escrow Fees $ 1,750 Subtotal: 25 February 2015 Auction $ 25,001,000 $ 741,770 $ 24,259,230 25 March 2015 Auction Completed Auctions $ 1,901,000 $ 76,040 Scheduled and Cancelled $ 20,000 Escrow Fees $ 750 Subtotal: 25 March 2015 Auction $ 1,901,000 $ 96,790 $ 1,804,210 29 April 2015 Auction Scheduled and Cancelled $ 10,000 Subtotal: 29 April 2015 Auction $ – $ 10,000 $ (10,000) 20 May 2015 Auction Scheduled and Cancelled $ 10,000 Escrow Fees $ 500 Subtotal: 20 May 2015 Auction $ – $ 10,500 $ (10,500) 29 July 2015 Auction Scheduled and Cancelled $ 10,000 Escrow Fees $ 1,000 Subtotal: 29 July 2015 Auction $ – $ 11,000 $ (11,000) 14 October 2015 Auction Scheduled and Cancelled $ 10,000 Escrow Fees $ 500 Subtotal: 14 October 2015 Auction $ – $ 10,500 $ (10,500) 18 November 2015 Auction Completed Auctions $ 2,200,000 $ 88,000 Escrow Fees $ 500 Subtotal: 18 November 2015 Auction $ 2,200,000 $ 88,500 $ 2,111,500 27 January 2016 Auction Completed Auctions $ 41,501,000 $ 1,030,020 Escrow Fees $ 750 Subtotal: 27 January 2016 Auction $ 41,501,000 $ 1,030,770 $ 40,470,230 27 July 2016 Auction Completed Auctions $ 135,000,001 $ 2,900,000 Escrow Fees $ 500 Subtotal: 27 July 2016 Auction $ 135,000,001 $ 2,900,500 $ 132,099,501 Current Total $ 240,590,128 $ 7,134,565 $ 233,455,563