$85k of your $185k new gTLD app goes to phantom costs

[daniel]

What should happen to the extra $85,000? When you write that check for $185,000 for your new top level domain application, $85,000 of it is going to rather interesting uses. $60,000 of it will go to a reserve fund for “risk costs”. In other words, lawsuits. $25,000 of it goes to cover historical costs of [...]

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