Former ICANN board member says .COM costs 14 cents

Former ICANN board member Karl Auerbach (Karl Auerbach) /> told Name Intelligence that VeriSign (a monopoly registrar of .com domains) spends less than 14 cents on domain name registration. VeriSign did not complain about the workload of the top-level domain .com because of the current five-day grace period . The test period of 97.6% is not paid (because it is used by cybersquatters), but it passes through the entire life cycle of the DNS in these five days. Only the remaining 2.4% after the test period pays for the domain. Then we get that at a price of $ 6 per domain, the same 2.4% of VeriSign manages to pay (and not lose) the remaining 97.6% of test domains, otherwise ICANN would receive complaints about the “five-day delay period” from it. Thus, we get that registration of one domain costs 14 cents (if not less)!

PS: After reading, you can still add that last week VeriSign announced a domain value increase to $ 6.42.