ICANN57 Hyderabad

Summary of the meeting: Overview: The new gTLD Program established auctions as a mechanism of last resort to resolve string contention (Competition between 2 or more applicants for TLDs). Most string contention sets (approximately 90% of sets scheduled for auction) have been resolved through other means before reaching an auction conducted by ICANN through ICANN's authorized auction service provider, Power Auctions LLC. It was recognized from the outset that significant funds could accrue as a result of several auctions. As such, these auction proceeds have been reserved and earmarked until the Board authorizes a plan for the appropriate use of the funds. These proceeds are to be considered as an exceptional, one-time source of revenue.
The ICANN community has indicated that it wants to create a Cross-Community Working Group (CCWG) to develop a proposal(s) for eventual consideration by the ICANN Board on the mechanism that should be created to allocate the new gTLD Auction Proceeds. The proposed Charter for this CCWG, which has been developed by representatives of the different ICANN Supporting Organizations and Advisory Committees as well as representatives from the ICANN Board, has been submitted for adoption to the ICANN SO/ACs by ICANN57. This session will provide an overview of the proposed charter as well as anticipated next steps.
Who should attend and why: Members and representatives from the different ICANN SO/ACs that may have an interest in serving as a Chartering Organization representative on the CCWG as well as any other individuals that may be interested in tracking the work of and/or participating in the CCWG, following the approval of the charter.
For further information about the Drafting Team and all relevant documents, please see https://community.icann.org/x/px6AAw .
AGENDA: https://community.icann.org/x/PAe4Aw
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Staff Leader: Marika Konings