Dot Peace Initiative : Buy a Dot Peace domain name to fund social business
The .peace top-level domain (TLD) is proposed to be a unifying label on the Internet, developed exclusively for the PEACE community. Ressources coming from selling Dot Peace Domain Names will be used to fund social entrepneurs in Peace related projects.
About You
About You
First Name
Khaled
Last Name
Koubaa
Website
Your Organization
Dot Peace Initative
Country
Tunisia, TU
About Your Organization
Organization Name
Organization Website
Organization Phone
Organization Address
Organization Country
Organization Type
Non-profit/NGO/Citizen-sector Organization
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Your solution
Name Your solution
Dot Peace Initiative : Buy a Dot Peace domain name to fund social business
Describe Your Solution
The .peace top-level domain (TLD) is proposed to be a unifying label on the Internet, developed exclusively for the PEACE community. Ressources coming from selling Dot Peace Domain Names will be used to fund social entrepneurs in Peace related projects.
Country your work focuses on
If multiple countries, please list them here. If your solution targets an entire region, please select it below
Global
Region(s) your solution focuses on:
Range of turnover in your target firms, in USD
Less than $1 Million.
Average turnover in USD of your target firm
30 000 $
Number of employees in your target firms
5-24.
Average number of employees of your target firm
10
Specify the size, average and range of expected loans or investments in each target firm
It is expected that we will not be the major funder of any project but to provide an early stage financial support to Peace related private or non profit social entrepreneurs ( 30 000 $ is the average ).
What stage is your solution in?
Idea phase
Innovation
What makes your innovative solution unique?
The innovative aspect of Dot Peace Initiative is the public participation in the funding resources as it gives to anyone, any organization or any funders to buy a domain name under the Dot Peace Top Level Domain which will participate back in funding Peace related projects. The Domain name will than be used to host more online content and services related to Peace.
How does your proposed innovation leverage public intervention in catalyzing private SME finance?
Social Entrepreneurs have not usually enough access fund early stage ideas. Our funding model will be providing help to public funding tools by increasing seed funding opportunities to social projects.
What barriers does your proposed solution address?
Lack of financial capacity, Unavailability of financial products tailored to SME needs, Lack of institutional capacity of financial intermediaries, High transaction costs for financial intermediaries to serve SMEs.
If you checked any of these barriers, describe how your solution addresses them
We provide services to anyone who will be using domain name. What we provide will make available an accessible fund to underserved SMEs and Social Entrepreneurs working on Peace projects.
Impact
Provide empirical evidence of your proposed solution's success/impact at present. If your project is in the idea phase, please provide evidence that speaks to its potential impact
Our idea is still in the early stage and we can not provide success impact evidence but the success of others Top Level Domains such the new TLD hat have been allocate for ASIA the Dot Asia as well as others community or regional TLD that are in process of application is an evidence. There is today more than 190 Millions domain names in the world almost all of them are under .COM/.NET/.ORG TLDs and the domain name space is becoming narrow for the growing demand of addressing the content online.
How many firms do you expect to reach?
Depending on the availability of the fund. The revenue will cover operational cost and 100% of the rest will be used to fund all selected projects.
What is the volume of private SME finance you aim to catalyze?
Our target is any SME or social entrepreneur that is working on Peace related issue.
What time frame will be required to reach these targets?
Our funding will start as soon as there is available fund.
Does your solution seek to have an impact on public policy?
No
What would prevent your solution from being a success?
The only risk is that our application will not be accepted by ICANN. We are confident of the success of our application because is endorsed and supported by the Peace community at-large.
This Entry is about (Issues)
Describe the social impact of your innovation. Please include both numbers and stories as evidence of this impact
The social impact is at the end the success of the project funded by our initiative. Each SMEs funded will be able to have impact on the society in egenral.
Sustainability
List all the funding sources that are required for the sustainability of this solution
The required capital to fund Dot Peace Registry may be provided through contributions by supporting members and/or donations.
Collection of the required capital will follow the same phases than the implementation plan. It will help the start-up of the activity and infrastructure investment.
ICANN announced in its draft of the New gTLD Guideline Book the amount of fees
related to all the New gTLD applications :
· TAS3 User Registration Fee 100 $
· New gTLD Application Fee 185 000 $
TAS User Registration fee is not refundable while the New gTLD application may be partially refunded if the applicant withdraw before the process is completed by ICANN.
Others additional fees may be required is some cases :
· Registry Services Review Fee 50 000 $
· Dispute Resolution Filling Fee 1 000 $ to 5 000 $
· Dispute Resolution Adjudication Fee 2 000 $ to 8 000 $
· Comparative Evaluation Fee Provider Price
Demonstrate how your proposed solution has the capacity to graduate from dependence on public finance. What is the time frame?
It is expected to attain more than 500 000 $ Earning during the third year.
Demonstrate how your proposed solution will survive a potential loss of its largest private funding source
Our initiative will count on external funding only during the application phase. After operations begin there will be no usage of external resources.
Please tell us what kind of partnerships, if any, could be critical to the greater success and sustainability of your innovation
Endorsement from the community and organizations working on Peace issues will be the Biggest help for the success of our initiative.
Are there non-financial issues that could threaten the sustainability of your proposed solution?
Few issues may threaten the sustainability of our initiative and we consider that we will be able to resolve them.
Please tell us if your proposed solution aims to scale up through a high growth sector, expand immediately to multiple sectors, and/or scale up geographically
Our solution is already a global scale.
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