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Hanshake dismantles the current monopoly on top-level domains (.com, .net, .org are all TLDs), which are all controlled by ICANN. While ICANN TLDs cost $185,000 just to apply for, Handshake TLDs are instead distributed through vickrey-style auctions.

Handshake (HNS)Dismantling the monopoly on top-level domains

