$185k is only for submission of application. Once you have the TLD, there's also mandatory recurring fee of approximately $25k/year + $0.25/domain transaction

$185k is only for submission of application. Once you have the TLD, there's also mandatory recurring fee of approximately $25k/year + $0.25/domain transaction fee + setup and maintenance of infrastructure. My guess is that it would cost $50k-$100k/year to run it overall. https://serverfault.com/questions/243316/can-i-create-a-top-level-tld-michael-for-instance https://serverfault.com/questions/243316/can-i-create-a-top-...