Explain why the person who sold the “.org” domain sold it

 

Richard Burns, a member of the Board of Directors of the Internet Society (ISOC), which sold the by duallogic “.org” domain, asked, “Why did ISOC unanimously decide to sell the .org domain? It explains. 

In November 2019, Public Interest Registry (PIR), a non-profit organization that manages the .org domain, which is primarily used by nonprofits and schools, was sold to Ethos Capital, an investment firm just a few months after its establishment. On the other day, many Internet users questioned the deal, as the maximum registration fee that PIR could charge to registrars of domain registrars was removed in June 2019.

Finally, a large-scale opposition signature, including the Wikimedia Foundation and Creative Commons, has developed. The following articles detail how the price limit for the .org domain registration fee was removed and the sale to an investment company. 

 

   Barnes also acknowledged that “there is no doubt that .org has a significant impact on the identity and brand of nonprofit organizations.” On the other hand, he stressed that the sale of “.org” is significant, saying that “the Internet is bigger than ‘.org’ and ISOC’s mission is a much bigger project than just leasing domain names.” As for the sale of THE PIR, he said: “It’s true that our revenue from .org was stable, but most of the proceeds were forced into a single business, and this situation became increasingly unacceptable as PIR grew into a larger organization. “The sale of PIR to an investment firm will enable us to earn more profit and to be on a mission in the longer run.” He explained that is the biggest decision to sell PIR by stabilizing ISOC’s earnings and securing a free source of income.

         In response to concerns that organizations using the .org domain will face a sharp increase in domain registration fees, he said, “I understand that you are worried, but the rate increase is limited to 10% per year at most. Even if the registration fee of 10 dollars (about 1094 yen) is raised by 10% every year, 10 years later, it will only be 26 dollars (2846 yen).” “Ethos Capital says it ‘lives in the spirit of historical practices’ and promises to price the same prices PIR was under the ISOC,” he said.

But there is also skepticism about Mr. Burns’ claim to sell in response to Ethos Capital’s claims. In a bulletin board on hacker News, a social news site that covered Mr. Burns’s explanation, he pointed out that “inflation is generally stable at 1 to 4 percent, but if the price rises by 10%, the price will double in seven years and six times in 20 years.” Even the current 10-dollar fee is a huge burden on nonprofits in developing countries,” he said, denying Mr. Burns’s optimistic view of the price hike.

“I’m a former employee of Internet Corporation for Assigned Names and Numbers (ICANN), a domain database management organization, Jacob Malthouse said, “ISOC you have no right to sell. Because the ISOC has been given the right to manage the domain due to the confidence of the Internet community, it is necessary to obtain the consent of the community to decide what to do with the domain. However, 13 ISOC council members suddenly sold the ‘.org’ domain without prior consultation instead of obtaining the consent of the community. This is not in line with any Internet governance model,” he said, protesting against the sale of “.org.” ORG’s initiative.

“WOW we just hit 10,000 for .org Thanks so much everyone. We Will Do Your Utmost to Your Support and Save .org for Nonprofits. #ICANN #ICANN #charity #ICANN #HumanRights #ClimateChange #Internet #isoc #nonprofit #igf2019 #webwewant https://t.co/hW7GWdRIZR#SaveDotOrg”

— Jacob Malthouse (@jacobmalthouse) November 29, 2019

 

 

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