"The Internet Society will receive this as a fund that it will invest as an endowment... This funding is sufficient to provide the Internet Society with broadly equivalent annual earnings we currently receive from PIR. And through responsible, well managed investment, we believe this fund will provide a comparable level of funding to the Internet Society in perpetuity."
Translation: "We sold the Internet to vultures (super-nice vultures! you won't believe how nice they are!) so that we could have... basically the same cash flow that we already had. But now we're going to deal with bankers instead of Afilias."
"Our mission is to support and promote the development of the Internet around the world — an Internet that is open, globally connected, secure, and trustworthy."
Prediction: they will achieve nothing, at all, whatsoever.
Everyone who voted for this should be ashamed of themselves.
>Our plan is to live within the spirit of historic practice when it comes to pricing, which means, potentially, annual price increases of up to 10 percent on average – which today would equate to approximately $1 per year.
This is very weasel worded way to say that price would double every 7.27 years... (and this is only "Our plan")
I would go further, they shouldn't be "regulated", this is a public service that should be run in the interests of society as a whole and not for the benefit of a private actor. We should have a tax funding mechanism, and run it either as a nationalized utility or through an international commission.
There's only 1 .org TLD - and it's meaning cannot be replicated with another TLD.
It's the same as a TV series - there are great many TV series , but only 1 Game of Thrones on HBO, and it's not substitutable. Therefore, HBO has a monopoly on Game of Thrones.
That's not at all how monopolies work, and nobody is going to break up HBO for having exclusive control of Game of Thrones.
> and it's meaning cannot be replicated with another TLD.
anything-org.us, anything-org.xyz, anything-org.com, or even just disregard bothering with .org entirely since it literally has no meaning; there's no enforcement on the soft policy that it represent non-profits. For example, slashdot.org is owned by BizX.
Old-guard nerds have nostalgic attachment to the .org TLD's history; that's it. It's hardly a case that it's a monopoly.
What if you already have a .org domain that you actually use?
How would you like it if your phone company started charging you extra to keep your phone number, and told you, there's plenty of other phone numbers you can have, we won't charge extra for those
Translation: "We sold the Internet to vultures (super-nice vultures! you won't believe how nice they are!) so that we could have... basically the same cash flow that we already had. But now we're going to deal with bankers instead of Afilias."