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Is ICANN initiating the New gTLD Program to make money?

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Is ICANN initiating the New gTLD Program to make money?

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ICANN is a not-for-profit organization and this is a not-for-profit initiative. The program is designed to be self-funding. It is possible ICANN will over-collect or even under-collect for this first round of applications. If the fee collection exceeds ICANN’s expenses, the community will be consulted as to how that excess should be used.

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