Hi,

In what way has “the lack of liquidity has been a challenge for domain owners”?

The proposed “Tokenization”: a tool for crypto-themed gTLDs like .crypto or for any new gTLD (like .weed, .cannabis or .anything)? Why would the Tokenization have to be introduced by ICANN – why not by other means? A domain has a registrant – the registrant would have to be a legal entity – it’s ownership could be organized in whatever way you want. How have ICANN, the registry, or the registrar to be involved in such scheme?

“… valuable asset for nearly 50 years”? Monetary-wise? No. For less than 30 years. Monetary value implies that the asset is used in commerce. Until 1994 it was prohibited to use the Internet for commercial purposes. No commercial use – no monetary value. Plus: in 1994 the “value” of a domain name was basically inexistant. Nobody paid ransom for a domain name held hostage by a domain grabber.

Danke,

Mit freundlichen Grüßen,

Alexander Schubert

___________________________________

Alexander Schubert

LinkedIn.com/in/alexanderschubert

U.S. +1(202)684-6806

Germany +49(030)8643-7863

From: CPWG <cpwg-bounces@icann.org> On Behalf Of gopal via CPWG
Sent: Wednesday, September 27, 2023 3:59 PM
To: CPWG CPWG <cpwg@icann.org>
Subject: [CPWG] Need Advise: Tokenization of Domain Names

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.

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. 

Need advise on ICANN Remit pertaining to new crypto-themed top-level domains which could potentially increase the value and liquidity of domain assets.

As a matter of fact, IDN can very well serve as a crypt of a tokenized domain name.

Please advise.

Sincerely, 

Gopal T V

0 9840121302
https://vidwan.inflibnet.ac.in/profile/57545
https://www.facebook.com/gopal.tadepalli
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Dr. T V Gopal
Professor
Department of Computer Science and Engineering
College of Engineering
Anna University
Chennai - 600 025, INDIA
Ph : (Off) 22351723 Extn. 3340
       (Res) 24454753
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