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On 25 March 2015, Power Auctions LLC, ICANN's authorized auction service provider, conducted a New gTLD Program Auction to resolve string contention for two new generic top-level domain (gTLD) strings: .PING and .SRL. Applicants for each string were unable to resolve contention among themselves; thus their contention set proceeded to auction, which is the method of last resort to resolve string contention as prescribed in Module 4 of the New gTLD Program Applicant Guidebook. Subject to payment of the winning price and meeting all other criteria for eligibility, the winner will enter ICANN's contracting process to sign a Registry Agreement to operate the gTLD.
Two applicants participated in the auction for PING. Ping Registry Provider, Inc. prevailed with a winning price of $1,501,000.
Two applicants participated in the auction for SRL. mySRL GmbH prevailed with a winning price of $400,000.
All proceeds from the Auction are being segregated and withheld from use until ICANN's Board of Directors define a plan for an appropriate use of the funds through consultation with the community.
- Contention Set Status: 197 of 233 contention sets are now resolved. The majority have self-resolved, but 13 sets resolved via Auction (method of last resort).
- Auction Results: Auction reports on this page of the New gTLD Microsite provide additional information on each Auction outcome.
- Auction Proceeds and Costs: A detailed summary of the proceeds and costs of each Auction through February 2015. This information will be updated to within 7 days of each Auction.
- Auction Schedule [PDF, 251 KB]: Subsequent auctions are scheduled to occur on a monthly basis through mid-2015.
- General New gTLD Program Auctions information.
ICANN's mission is to ensure a stable, secure and unified global Internet. To reach another person on the Internet you have to type an address into your computer - a name or a number. That address has to be unique so computers know where to find each other. ICANN coordinates these unique identifiers across the world. Without that coordination we wouldn't have one global Internet. ICANN was formed in 1998. It is a not-for-profit public-benefit corporation with participants from all over the world dedicated to keeping the Internet secure, stable and interoperable. It promotes competition and develops policy on the Internet's unique identifiers. ICANN doesn't control content on the Internet. It cannot stop spam and it doesn't deal with access to the Internet. But through its coordination role of the Internet's naming system, it does have an important impact on the expansion and evolution of the Internet. For more information please visit: www.icann.org