Re: Iperdome Press Release!

[Vince Wolodkin <wolodkin@digitalink.com>]

Dave Crocker / IMC wrote:
> 
> At 03:12 PM 7/11/97 -0400, Jay@Iperdome.com wrote:
> >For a definitive answer, we need only look as far as their own URL:
> >        http://www.gtld-mou.org/docs/apply.htm
> 
>         Actually, this is a very good suggestion, though it will be an even better
> one in a few days...
> 

Yes, and here is my favorite part:

I.10  ___ APPLICANT UNDERSTANDS AND ACCEPTS THAT THE APPLICATION FEE
SUBMITTED BY APPLICANTS WHICH ARE DEEMED, AS A RESULT OF THIS
APPLICATION, TO QUALIFY TO SIGN THE CORE-MoU WILL BECOME THE PROPERTY OF
CORE, TO BE USED TO FUND ACTIVITIES RELATED TO THE gTLD-MoU, AND WILL
NOT BE RETURNED UNDER ANY CIRCUMSTANCES, WHETHER OR NOT THE SUCCESSFUL
APPLICANT ACTUALLY BECOMES A gTLD REGISTRAR.  IN PARTICULAR, APPLICANT
UNDERSTANDS AND AGREES THAT THE APPLICATION FEE CONSTITUTES AN
INVESTMENT IN THE CREATION OF THE gTLD REGISTRATION SERVICE UNDER CORE,
AND FURTHER UNDERSTANDS AND AGREES THAT SUCH INVESTMENT ENTAILS A RISK
ON THE PART OF THE APPLICANT.

It would seem that some applicants may lose their $10,000 dollar
"investment" if they do not become a registrar.  Under what
circumstances could a successful applicant find his $10,000 "investment"
forfeit?  The lottery process has been canceled, is their still a 28
registrar limit?

Vince Wolodkin