On 27/09/2023 13:59, gopal via CPWG wrote:
Dear All,
Domain names have been a valuable asset for nearly 50 years. However, the lack of liquidity has been a challenge for domain owners.
No, it has not. Millions of domain names are deleted each month and millions more are registered. A potential registrant has a greater selection of gTLDs and ccTLDs than ever before.
Tokenization could provide a solution to this liquidity issue. By tokenizing domain assets, owners can sell off interests in their domains, building liquidity from assets that would otherwise remain idle.
Approximately 8.5% of the .COM is on sale. The combined percentage for all gTLDs is around 7.34% (September gTLD Website/IP survey.) Joint/shared ownership has been going on for well over a decade. The domain name sale business has been around since at least the mid 1990s. A domain name doesn't have to have a website to be in use. Someone may be using it for e-mail. Many domain names are registered for brand protection purposes. There are also various business models that will park undeveloped domain names with Pay Per Click advertising. They theoretically make money from these PPC ads. Other models reregister deleted domain names and sell or auction them. What may appear to be unused may actually be in use. Between 50% and 56% of new .COM registrations renew after their first year. The domain name business isn't an unchanging monolith. It is more like a slowly moving glacier in terms of deletions and new registrations. Hundreds of millions of gTLD registrations that were once registered and then deleted have not been reregistered.
Need advise on ICANN Remit pertaining to new crypto-themed top-level domains which could potentially increase the value and liquidity of domain assets.
They are outside of ICANN's remit and ICANN has no control over these TLDs. There have been sales of IDNs but they are rare. Tokenisation seems to be a solution without a problem. There is also a feasibility issue in that the agreements between those who wish to tokenise a domain name would have to have a binding agreement between the parties. Who or what would be the registrant of such a domain name? Perhaps ICANN could have some input on the natural person versus legal person aspect of such a registration if it involved gTLDs. Regards...jmcc -- ********************************************************** John McCormac * e-mail: jmcc@hosterstats.com MC2 * web: http://www.hosterstats.com/ 22 Viewmount * Domain Registrations Statistics Waterford * Domnomics - the business of domain names Ireland * https://amzn.to/2OPtEIO IE * Skype: hosterstats.com ********************************************************** -- This email has been checked for viruses by Avast antivirus software. www.avast.com