It costs ~$200,000 to apply for a TLD, and there's an ongoing renewal cost in the tens of thousands of USD.

HumanCCF 2 hours ago | parent | next [-]

For this application round, ICANN is running an Applicant Support Program, or ASP. The applicants seeking to apply for a TLD this round who qualify for the ASP will have a substantially reduced application fee, among other benefits. Our organization is one such org who has qualified for the ASP so we will not have to pay the full $227,000 application fee.

	▲	KomoD 14 minutes ago \| parent [-]
		How much is the reduced fee then? As I understand it's somewhere between 75-85% less, which is still a lot of money. Also, who is paying for the reduced fee, administrative and infra costs? And have you actually submitted gTLD application, or are you trying to crowdfund? Unclear to me.

▲

AnthonyMouse 2 hours ago | parent | prev [-]

That's definitely not a cartel then.