Ethos adds legally-binding provisions to try to save .Org deal

DOT ORG DOMAIN EXTENSION
Dot Org Domain Name Extension

Dot Org in the news. As most us know, dot org domain extensions were mainly for non profit organizations. The domain name org is a generic top-level domain (gTLD) of the Domain Name System (DNS) used in the Internet. The name is truncated from organization. It was one of the original domains established in 1985, and has been operated by the Public Interest Registry since 2003. The domain was originally intended for non-profit entities, but this restriction was removed in August 2019. The domain is commonly used by schools, open-source projects, and communities, but also by some for-profit entities. The number of registered domains in org has increased from fewer than one million in the 1990s, to ten million in 2012, and held steady between ten and eleven million since then.

In November 2019, the Public Interest Registry (PIR) was sold by its initial owner, the Internet Society, to shell company Ethos Capital for US$1.135 billion. The PIR also announced it would abandon its non-profit status to become a B Corporation. However it is not clear if the sale actually went through, as it seems Ethos Capital, the company t is still trying to acquire the .Org registry, so what happened in the short space of time?

You can read the full article here: https://domainnamewire.com/2020/02/21/ethos-adds-legally-binding-provisions-to-try-to-save-org-deal/

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