3,197
edits
Changes
→Auction & Assignment Controversy
"Web3" and cryptocurrency adherents saw the auction as "another interesting use case for NFTs that...show just one way that people are continuing to expand their use cases."<ref>[https://www.coindesk.com/tech/2021/04/16/ens-is-minting-nfts-of-23-top-level-domains-heres-what-that-means/ CoinDesk.com - ENS is Minting NFTs of 23 Top Level Domains - Here's what that Means], April 16, 2021</ref> However, the bundling of the NFTs with the TLDs created concerns at ICANN. In the wake of the auction, as assignment requests were submitted to ICANN by the winning bidders, ICANN org submitted questions to UNR regarding the interrelationship between the ENS NFTs and the TLDs. ICANN's investigation of these issues is ongoing as of December 2021.<ref name="determination">[https://www.icann.org/en/system/files/files/reconsideration-21-3-dot-hip-hop-bamc-recommendation-request-16dec21-en.pdf Exhibit A, ICANN Board Accountability Mechanisms Committee Determination re: Urgent Consideration of Reconsideration Request 21-3], December 16, 2021</ref>
"Web3" and cryptocurrency adherents saw the auction as "another interesting use case for NFTs that...show just one way that people are continuing to expand their use cases."<ref>[https://www.coindesk.com/tech/2021/04/16/ens-is-minting-nfts-of-23-top-level-domains-heres-what-that-means/ CoinDesk.com - ENS is Minting NFTs of 23 Top Level Domains - Here's what that Means], April 16, 2021</ref> However, the bundling of the NFTs with the TLDs created concerns at ICANN. In the wake of the auction, as assignment requests were submitted to ICANN by the winning bidders, ICANN org submitted questions to UNR regarding the interrelationship between the ENS NFTs and the TLDs. ICANN's investigation of these issues is ongoing as of December 2021.<ref name="determination">[https://www.icann.org/en/system/files/files/reconsideration-21-3-dot-hip-hop-bamc-recommendation-request-16dec21-en.pdf Exhibit A, ICANN Board Accountability Mechanisms Committee Determination re: Urgent Consideration of Reconsideration Request 21-3], December 16, 2021</ref>
Despite the .hiphop domain originally being advertised as part of UNR's April auction, Dot Hip Hop LLC (DHH) separately negotiated the purchase of the TLD in an arms-length transaction.<ref name="annex">[https://www.icann.org/en/system/files/files/reconsideration-21-3-dot-hip-hop-annex-1-14dec21-en.pdf Annex 1 to Dot Hip Hop LLC's Reconsideration Request 21-3], December 14, 2021</ref> UNR submitted the assignment request for .hiphop to ICANN in August 2021.<ref name="annex" /> The assignment was delayed for the same reasons as the other, auctioned TLDs.<ref name="annex" />
In December, DHH submitted a reconsideration request regarding ICANN's inaction on the assignment request for the .hiphop TLD.<ref name="record">[https://www.icann.org/resources/pages/reconsideration-21-3-dot-hip-hop-request-2021-12-16-en Reconsideration Request 21-3: Dot Hip Hop, LLC], filed December 14, 2021</ref> In its request, DHH noted that it had spent considerable time explaining, and re-explaining, its position on the NFT associated with .hiphop, which was transferred as part of DHH's purchase agreement with UNR.<ref name="annex" />
==References==
==References==
{{reflist}}
{{reflist}}