Where Does ICANN's Money Come from?
Why Is ICANN Here?
The Internet Corporation for Assigned Names and Numbers (ICANN) is responsible for critical backbones of the Internet. It manages the root server system, the global allocation of IP addresses, protocol registries and the domain name system (management of gTLDs, ccTLDs, as well as the newly rolled-out “new gTLDs”).
ICANN was incorporated in California in 1998, and was intended as the technical coordination body for the backbone of the Internet. That is, it was to administer the Internet’s domain names and IP addresses, and also manage the Internet root servers. read more