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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 (22 children)

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 (14 children)

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

[–] redcalcium@c.calciumlabs.com 6 points 1 year ago

OpenNIC is free, but pretty much almost no one use them. But I think lemmings would love them because of their open and democratic nature.

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