Only $0.18 goes to ICANN, the non-profit. The rest goes to the Verisign which is a publicly traded for-profit company which ultimately gets that $9.59. I bring this up because it of course _doesn't_ cost that much. Incidentally, Verisign posted $1.56 billion in revenue last year and spent about $1.21 billion on stock buybacks in the same time.
Because that doesn’t solve the problem. The demand doesn’t go away if you charge less – if you charge $1/yr for .COMs, they will all be permanently squatted. (Well, like now, but worse!)
We could use anti-scalping techniques, but that’s non-trivial to implement. Perhaps some name squatting policy? No idea how to enforce it though, especially without money.
Yeah, that’s a good point. Then again, you can also that for any other gTLD (why should Google get the proceeds from .dev?), and that would be a valid question.
I think the current system is inherently flawed... but it kinda works, and nobody wants to figure out the politics of fixing it – so I guess we’re stuck with it for a while.
