I dont know where you heard that, because that is not what the ICANN wiki says: <a href="https:&#x2F;&#x2F;icannwiki.com&#x2F;GTLD_Auctions" rel="nofollow">https:&#x2F;&#x2F;icannwiki.com&#x2F;GTLD_Auctions</a><p>&quot;ICANN condones private auctions, as it has encouraged applicants to resolve contention themselves, presumably through buy-outs, partnerships, and auctions. ICANN offers its own auction model as a last resort. All proceeds from gTLDs auctioned off under ICANN&#x27;s auction model will go to ICANN as &quot;excess funds&quot; that will be redistributed at a later date, in ways that are yet to be determined.[2] &quot;<p>&quot;The first ICANN auction of last resort was concluded on 4 June 2014 for the string .信息 which had two applicants. The winning price was $600,000 US Dollars. ICANN used their authorized auction services provider Power Auctions, LLC to carry out the auctions.&quot;<p>So looks like you are incorrect.