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→Auctions
===Auctions===
===Auctions===
During [[ICANN 45]] in Toronto, auction expert [[Peter Cramton]] outlined a private [[gTLD Auctions|gTLD auction]] model as a solution for resolving 158 new gTLD contention sets. Donuts co-founder [[Jon Nevett]] says that Donuts will handle as many of its contention sets as possible via this method, as auctions will be cheaper and faster for applicants than ICANN's original method. "The cost of losing an ICANN auction is greater than the cost of losing a private auction," Nevett said. "If you lose an ICANN auction you get nothing, zero, you lose your asset... [but with private auctions] it doesn't hurt as much to lose, so the theory is the second-place guys won't stretch as much."<ref>[http://domainincite.com/10828-heres-how-donuts-wants-to-resolve-its-158-new-gtld-contention-fights Here's how Donuts wants to resolve its 158 new gTLD contention fights]. Domain Incite. Published 2012 October 23. Retrieved 2012 November 13.</ref>
During [[ICANN 45]] in Toronto, auction expert [[Peter Cramton]] outlined a private [[gTLD Auctions|gTLD auction]] model as a solution for resolving 158 new gTLD contention sets. Donuts co-founder [[Jon Nevett]] says that Donuts will handle as many of its contention sets as possible via this method, as auctions will be cheaper and faster for applicants than ICANN's original method. "The cost of losing an ICANN auction is greater than the cost of losing a private auction," Nevett said. "If you lose an ICANN auction you get nothing, zero, you lose your asset... [but with private auctions] it doesn't hurt as much to lose, so the theory is the second-place guys won't stretch as much."<ref>[http://domainincite.com/10828-heres-how-donuts-wants-to-resolve-its-158-new-gtld-contention-fights Here's how Donuts wants to resolve its 158 new gTLD contention fights]. Domain Incite. Published 2012 October 23. Retrieved 2012 November 13.</ref>
In June 2014, Donuts' CEO Paul Stahura posted a blog entry noting that Donuts had spent $50 million so far on Private auctions for New gTLDs and that it has won roughly 50% of the auctions it has participated in. As the exact figures of most private auctions are not disclosed, it is not known how much was spent or gained on individual auctions.<ref>[http://domainincite.com/16882-donuts-spends-50-million-on-new-gtld-auctions Donuts Spends 50 Million on New gTLD Auctions] (16 June 2014) Kevin Murphy, ''DomainIncite''; Retrieved 16 June 2014</ref><ref>[http://www.donuts.co/blog/donuts-by-the-numbers-50/ Donuts by The Numbers] (11 June 2014) Paul Stahura, ''Donuts.co''; Retrieved 16 June 2014</ref>
===GAC Early Warnings===
===GAC Early Warnings===