“Today, after months of preparation and implementation of the community’s tasks, ICANN’s contract with NTIA expired. As a result, the coordination and management of the Internet’s unique identifiers is now privatized and in the hands of the volunteer-based multistakeholder community.”
These 2 sentences published today, October 1, 2016, by ICANN Board Chair Steve Crocker, have an air of history-in-the-making about them.
For the first time since it was created in 1998 to oversea the Internet’s naming (domain names and Top Level Domains) and addressing (IP addresses) functions, ICANN no longer has a direct contract with one government. The United States no longer have veto power over the way Top Level Domains such as .SKI (generic) or .EU (country code) are launched on the Internet.