11 February 2020

NameCheap complains about contract

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NameCheap (the registrar that scriptweblog.com uses) sent users an e-mail, arguing that .com domain names will increase in price as a result of a change in contract between ICANN and Verisign (The 2 organizations responsible for wholesale of .com domain names).
ICANN announced on 3 January changes to their contract, in which they allowed a raise in price for .com domain names of 7% each year, the new contract also allows Verisign to act as it’s own registrar.
Verisign agreed to pay ICANN an additional 20 million dollar, spread over 5 years.

ICANN claims it doesn’t control the price and leaves it to the Ministry of Commerce to adjust the price, the American government gave in 2018 the green light to ICANN to raise the price of .com domain names.

Since a .com domain name and hosting is already so expensive I don’t know if scriptweblog.com will survive another year…

People can give their opinion here until Friday 14 February 2020. You can find the blog post from NameCheap here.

2 responses to “NameCheap complains about contract”

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