Who profits from domain names fees (lemmy.ml)

submitted 1 year ago* (last edited 1 year ago) by equidistantWhitfield@lemmy.ml to c/asklemmy@lemmy.ml

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There are some people that asked a similar question but I don't want who gets raw revenue, but who gets the probably obscene margins (profits thus) from paying $10-20/year for linking a piece of string and an IP address?

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[-] charonn0@startrek.website 92 points 1 year ago

Three groups:

The Internet Corporation for Assigned Names and Numbers, the non-profit in charge of domain names.
Domain sponsors, the organization that agrees to provide the infrastructure for a particular top level domain. For example, .com is sponsored by Verisign.
The registrar you deal with has a license from the sponsor to sell registrations for a top level domain.

You pay the registrar, the registrar pays the sponsor, and the sponsor pays ICANN.

[-] birdcat@lemmy.ml 5 points 1 year ago

But why is it so expensive? Like 20$ for a .org Domain. Fuck that.

[-] smstnitc@lemmy2.addictmud.org 1 points 1 year ago

before it opened for companies to be allowed to do registrations I paid $70 for my first .org domain. Back then you were also required to do 2 years up front then you could lay $35 a year after that. This was back in the late 90's, so $70 was a lot more back then.

$20 is nothing now.

[-] equidistantWhitfield@lemmy.ml 1 points 1 year ago

If everyone had a personal domain name, at the pic of world population, the total cost of DNS would be $200'000'000'000, it is higher than the GDP of Hungary ! According to https://www.namebase.io/ the industry already weights half of that whilst the web is super centralized, what the freak

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this post was submitted on 19 Jul 2023

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