• ICANN throws lifeline to flopping new gTLDs

    … New gTLD registries with lower than expected sales will now be able to reduce the amount of their “failure bond”. ICANN has introduced a new Continued Operations Instrument Amendment Service, which will enable registries to raise or lower the amount of their COI depending on how business is going. A COI is a letter of credit or cash in escrow…

    Kevin Murphy/ DomainIncite- 11 readers -
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