ICANN

ICANN made $360M just on $185K application fees

To apply for a new top-level domain in 2012 you paid a non-refundable $185,000 fee. With 2,000 applications submitted, the governing body collected $360 million before any domain even changed hands.

“So let's say that me and you applied for .app. You had to pay $185,000 just to apply. And by the way, they got 2,000 applications, which means they made $360 million in application fees.”