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

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

Ayden Férdeline

Statement of Interest