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ICANN is the acronym for Internet Corporation for Assigned Names and Numbers, which is a non-profit organization that is in charge of maintaining and coordinating the Internet, namely the Internet Protocol (IP) addresses and the Domain Name System (DNS).
ICANN gives out accreditation to domain Registrars (including Dynadot!) and is in charge of managing the launch of the new gTLDs. Find out more about what Dynadot's ICANN accreditation means to you.
Check out this video to find out more about what ICANN does: