> That's below the bit where they auction them off to the highest bidder. The hns paid for winning an auction are destroyed. > There are plenty of issues with

> That's below the bit where they auction them off to the highest bidder. The hns paid for winning an auction are destroyed. > There are plenty of issues with ICANN, but it isn't a toy with a short term profit-maximization scheme attached. Handshake is anything but a short term profit-maximization scheme! The Handshake developers took $10 million of VC money and donated it to free and open source foundations: https://handshake.org/grant-sponsors/ https://handshake.org/grant-sponsors/