According to a press release we just received , LogicBoxes announced that it has waived off all upfront fees for its Vertical Integration Solution for New gTLDs.

“New gTLDs have great potential, especially the Geo and Community extensions that provide a unique online namespace for people belonging to that community and region. However, with over 300+ TLDs already launched, these New gTLDs haven’t quite achieved their true potential. ”

“One of the main reasons for this is the fact that Traditional Partner Registrars are aligned towards Mass Market Products and can only provide limited success for these extensions. Although Partner Registrars are a must for the Launch of gTLDs, a lot of the Niche TLDs can truly succeed only if they take control and Integrate Vertically.”

“In order to take complete control, it’s imperative for these New gTLD Registries to get their own retail storefront and also get local / regional players and Specialized Partners (Communities, Organizations, etc.) on board from their Target Region(s)

“To facilitate New gTLD Registries to adopt Vertical Integration Solutions more readily, LogicBoxes has now waived off all Upfront Costs that includes platform setup and TLD integration fees.

Also, LogicBoxes does not charge any Annual Maintenance / Management Fees for the usage of its platform.

Siddharth Taliyan, Sr. Manager and Business Development at LogicBoxes is quoted as saying “We have been working closely with many New gTLD Registries for quite some time now and we would like to ensure that Upfront Costs are not a barrier for any New gTLD to Integrate Vertically. Our new model is built to scale as per the TLD’s growth, thereby, ensuring that our success is vested in the success of our New gTLD Partners.”