[Info] quarterly newsletter: new gTLD Auction Proceeds Cross-Community Working Group

[Rafik Dammak]

Hi all,

please find below quarterly newsletter for new gTLD Auctions CCWG.

Best Regards,

Rafik

---------- Forwarded message ----------




Dear all,



This is to inform you that the CCWG on new gTLD Auction Proceeds has
prepared a second edition of its quarterly newsletter. You will be able to
consult the November 2017 edition of the newsletter on the group’s wiki
space: https://community.icann.org/display/CWGONGAP/Newsletters

The group’s newsletters are aimed at keeping chartering organisations and
others interested up to date regarding the current status of the work by
this group.



*About the CCWG new gTLD Auction Proceeds*



The new gTLD Program established auctions as a mechanism of last resort to
resolve string contention. Most string contentions (approximately 90% of
sets scheduled for auction) have been resolved through other means before
reaching an auction conducted by ICANN's authorized auction service
provider, Power Auctions LLC. However, it was recognized from the outset
that significant funds could accrue as a result of several auctions. As
such, these auction proceeds have been reserved and earmarked until the
Board authorizes a plan for the appropriate use of the funds. Board, staff,
and community are expected to be working together in designing and
participating in the next steps addressing the use of new gTLD auction
proceeds. It should be recognized though that these proceeds are to be
considered as an exceptional, one-time source of revenue.



The CCWG was chartered by the Address Supporting Organization (ASO), the
At-Large Advisory Committee (ALAC), the Country Code Names Supporting
Organization (ccNSO), the Generic Names Supporting Organization (GNSO), the
Governmental Advisory Committee (GAC), the Security and Stability Advisory
Committee (SSAC), and the Root Server System Advisory Committee (RSSAC) to
propose the mechanism that should be developed in order to allocate the new
gTLD Auction Proceeds. Following approval of the proposal(s) by the
Chartering Organizations, it will be submitted to the ICANN Board for its
consideration.



*More information*



·         New gTLD Auction Proceeds CCWG Workspace, including Charter,
background documents and information: https://buff.ly/2xeLKt9

·         CCWG Work Plan:  https://community.icann.org/d
isplay/CWGONGAP/Work+Plan





Best regards,



Erika Mann, Ching Chiao

Co-chairs of the Cross-Community Working Group on new gTLD Auction Proceeds
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