Hacker News new | ask | show | jobs
by koakuma-chan 297 days ago
> ICANN periodically lets anyone with $1 million create random new generic TLDs

Why? Isn't ICANN non profit?

2 comments

I'm sure any profit they make is redirected back into the organization's mission.
I still don't get by which virtue they can decide to sell TLDs for 1 million dollars or any other large sum of money. We just ended up having big companies like Google register .google, etc, and random questionable companies register, e.g., .law, .plumbing, etc, presumably for profit. I'm sure ICANN could do better than this.
That's not what nonprofit means.