|Manager:||Famous Four Media|
|Priority #:||242 - Famous Four Media (dot Bid Limited)|
.bid is a gTLD and was proposed in ICANN's New gTLD Program. The applicant and now Registry Operator is Famous Four Media (dot Bid Limited). The proposed application succeeded and was delegated to the Root Zone on 2 March 2014.
Excerpts from response to Question 18:
"Thus, the aim of ‘.bid’ is to create a blank canvas for online auctioneering set within a secure environment. The Applicant will achieve this by creating a consolidated, versatile and dedicated space for auctioneering. As the new space is dedicated to those within this affinity group the Applicant will ensure that consumer trust is promoted. Consequently consumer choice will be augmented as there will be a ready marketplace specifically for auction enterprises to provide their goods and services. All stakeholders within the sector will be able to sample reactions to new ideas, or gather thoughts on the improvements of established ones. This will drive innovation and competition, as new channels will be available which are not yet fulfilled by current market offerings, compelling registrants to seek new and varied ways to separate themselves from the competition...
Aside from certain start-up mechanisms, all domain names will generally be registered on a first-come, first-served basis. A Trademark Claims service will be offered for the first 90 days of general registration, with the intent of providing clear notice to potential Registrants of the existing rights of trademark owners with registered trademarks in the Trademark Clearinghouse."