+1 to Sam.
Endowment will bring about accountability and transparency.
Sam, hope is not too late to propose.
Cheers
On Sunday, July 31, 2016, Sam Lanfranco <[log in to unmask]> wrote:
> Earlier, when the sum was more modest I and others suggested that it
should be placed in an endowment for continuous use over time, and not be
treated as a one opportunity windfall. An endowment with a charter, a
terms-of-reference, and an independent funding committee bound by the
charter and terms of reference could produce good long term results. There
was not much support for the idea at that time. Too many hands that want to
dip into the pot now, that seems to be the challenge.
>
> Sam L, NPOC/CSIH
>
> On 2016-07-31 4:27 AM, Michael Oghia wrote:
>
> "Given how much money is at stake, that these proceeds are set to
increase further (with the auctions for .hotel, .inc, .mail., .llc etc),
and how transformative these funds could be if suitably allocated, I think
we should be highly involved in this process so that its allocation is more
community-driven."
> +10!
> -Michael
> __________________
> Michael J. Oghia
> iGmena communications manager
> Independent #netgov consultant & editor
> Istanbul, Turkey
> Skype: mikeoghia
> Twitter | LinkedIn
> On Fri, Jul 29, 2016 at 11:59 PM, Ayden Férdeline <[log in to unmask]>
wrote:
>>
>> Regardless of what the auction fee might have been, my point was more
that we are now sitting on a quarter of a billion dollars, and I distinctly
remember in Helsinki the GAC floating the possibility of this money being
used to fund their independent secretariat. That's certainly a very
understandable objective, from their perspective.
>> I'm curious as to what the New gTLD Auction Proceeds Drafting Team is up
to, and how their work differs from that of the Cross-Community Working
Group on New gTLD Auction Proceeds Drafting Team (is it superseding the
former?). When I looked at the membership for the former, I see there are
18 community members and 16 staff on the working group. That seems a little
disproportionate to me.
>> Given how much money is at stake, that these proceeds are set to
increase further (with the auctions for .hotel, .inc, .mail., .llc etc),
and how transformative these funds could be if suitably allocated, I think
we should be highly involved in this process so that its allocation is more
community-driven. I'm happy to put my hand up and to volunteer here. I have
no doubt that there's a piece of the puzzle that I'm missing (is WG
membership restricted?), as I will be the first to admit I am new to this
community, so if I am mistaken and these funds are in safe hands... let me
know. But if we are stretched and not as involved in monitoring the
progress of these working groups as we may like to be, please let me know
how I can help. Thanks!
>> - Ayden
>> <
https://ci3.googleusercontent.com/proxy/AZlsrgmqn_XuT7DzWw3eV5fG8Tqm0NoMF44O-5dh61ZNJ-20ofmychdjD69RYnSPMcHFUGhrDdJ41yJfDRUO6nEJXMrNDp-NLZ0x94LesZktie-ipQcxIAHHN8WMulPyO2VRZqPxIgpNBLGnTkXl-ZMftRXr6lw2wOkn4lO1B7hzmQ5tV3T21xFdb7eHQal4mMJPAwj6Pxic9i-N9e2Tmq-wNtL1NZ-0lh-Ru7ztucbK9tRaSPrtXO32umSg77s2GVQiyOZsom4=s0-d-e1-ft#https://app.mixmax.com/api/track/v2/Qdt0N40pBnN6Vez5P/i02bj5SZulGblRmclZGQu5WYjlmI/gI1RWZuIXez5idyV2c0NXasB0UTV1QTlERtc0UD5kI/gIVRURuIVWT5iVSV0UUNVSMB0UTV1QTlERtc0UD5kI?sc=false
>
>>
>> On Fri, Jul 29, 2016 3:02 PM, James Gannon [log in to unmask] wrote:
>>>
>>> Power Auctions gets 4% I believe.
>>> From: NCSG-Discuss <[log in to unmask]> on behalf of Ayden
Férdeline <[log in to unmask]>
>>> Reply-To: Ayden Férdeline <[log in to unmask]>
>>> Date: Friday 29 July 2016 at 06:45
>>> To: "[log in to unmask]" <[log in to unmask]>
>>> Subject: Re: Update request on Auction proceeds drafting team
>>>
>>> What are the costs you're talking about? Looking at past auction
proceeds, the auctioneer Power Auctions LLC doesn't appear to be taking a
cut of more than 0.25%. Which would suggest ICANN is getting at least $130
million here. I might be mistaken, however! Happy to be corrected if so.
>>> - Ayden
>>>
>>> On Fri, Jul 29, 2016 2:36 PM, McTim [log in to unmask] wrote:
>>>
>>> the auctioneer gets a chunk of that 135M, can't recall the % tho, but
ICANN doesn't get the full 135M.
>>>
>>>
>>> On Fri, Jul 29, 2016 at 6:23 AM, Ayden Férdeline <[log in to unmask]>
wrote:
>>>
>>> The sale of .web has boosted the auction fund by another US$135
million. There has to be at least $250 million in there now, if not more?
It would be great to hear from our colleagues on the New gTLD Auction
Proceeds Drafting Team as to where in their work plan they are at. These
funds could be truly transformative for different stakeholder groups and
projects if suitably allocated…
>>> Thanks,
>>> Ayden
>>> <
https://ci5.googleusercontent.com/proxy/eR3w4Zeb42Icq69mz44fI0nzYZz18W4ooaT3ps6tZh3_nFdYMO0D_ifRMspBvYyBsZ5lG56qT0Fh5u_HQh4=s0-d-e1-ft#https://compose.mixmax.com/img/blank.png
>
>>>
>>> On Mon, Jun 13, 2016 5:36 PM, James Gannon [log in to unmask]
wrote:
>>>
>>> Auction reserve fund stands at a little over 100m USD as of today.
>>> Klaus and Olivie are our two reps from NCSG.
>>> -jg
>>> From: Ayden Férdeline <[log in to unmask]>
>>> Date: Monday 13 June 2016 at 15:26
>>> To: James Gannon <[log in to unmask]>
>>> Cc: "[log in to unmask]" <[log in to unmask]>
>>> Subject: Re: Update request on Auction proceeds drafting team
>>>
>>> Hi James,
>>> Thanks for raising awareness of this. I am very interested in the
outcome of this topic as well, as I understand there is at least $60m in
funds currently on hand from auction proceeds (a figure inevitably going to
grow). I need not mention how transformative this could be for different
stakeholder groups and projects if suitably allocated. Who is representing
the NCSG on the drafting team for this exceptional situation?
>>> Best wishes,
>>> Ayden
>>>
>>> On Mon, Jun 13, 2016 3:07 PM, James Gannon [log in to unmask]
wrote:
>>>
>>> Hi All,
>>> Can our reps to the Auction Proceeds drafting team provide us with an
update on the work of the group?
>>> https://community.icann.org/pages/viewpage.action?pageId=58728193
>>> This is critical work and I want to make sure we are giving sufficient
input into this process.
>>> -James
>>>
>>> Ayden Férdeline
>>> Statement of Interest
>>> <
https://ci5.googleusercontent.com/proxy/eR3w4Zeb42Icq69mz44fI0nzYZz18W4ooaT3ps6tZh3_nFdYMO0D_ifRMspBvYyBsZ5lG56qT0Fh5u_HQh4=s0-d-e1-ft#https://compose.mixmax.com/img/blank.png
>
>>>
>>> Ayden Férdeline
>>> Statement of Interest
>>>
>>>
>>> --
>>> Cheers,
>>>
>>> McTim
>>> “A name indicates what we seek. An address indicates where it is. A
route indicates how we get there.” Jon Postel
>>>
>>> Ayden Férdeline
>>> Statement of Interest
>>> <
https://ci5.googleusercontent.com/proxy/eR3w4Zeb42Icq69mz44fI0nzYZz18W4ooaT3ps6tZh3_nFdYMO0D_ifRMspBvYyBsZ5lG56qT0Fh5u_HQh4=s0-d-e1-ft#https://compose.mixmax.com/img/blank.png
>
>>
>> Ayden Férdeline
>> Statement of Interest
>
> --
>
> *--------------------------------------------*
> "It is a disgrace to be rich and honoured
> in an unjust state" -Confucius
> ----------------------------------------------
> Dr Sam Lanfranco (Prof Emeritus & Senior Scholar)
> Econ, York U., Toronto, Ontario, CANADA - M3J 1P3
> YorkU email: [log in to unmask] Skype: slanfranco
> blog: http://samlanfranco.blogspot.com
> Phone: 613 476-0429 cell: 416-816-2852
--
*WISDOM DONKOR (S/N Eng.)*
E-government and Open Government Data Platforms Specialist
National Information Technology Agency (NITA)/
Ghana Open Data Initiative Project.
ICANN Fellow / Member, UN IGF MAG Member, ISOC Member,
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OGP Open Data WG Member, GODAN Memember, ITAG Member
Email: [log in to unmask]
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