This is a remarkably bad idea. It’s also likely to be unworkable. First, it’s not clear what problem (if any) this proposed new RIR would solve. Where’s the use case(s)? What are the requirements and why aren’t these being met by the existing RIR system? Each RIR produces address allocation policies which meet the needs of their respective communities. Have these somehow become defective? And if the regional policy in LACNIC (say) isn’t working for that part of the world, why can’t that be fixed directly without introducing this new (allegedly virtual) RIR and all the extra complexity that will create? Second, how will policies for this new RIR be created/implemented/maintaines/decided? How will they be aligned with those of the existing RIRs? How/when does an RIR decide to use this new RIR's address resources instead of its own to handle a request from an LIR? Third, why will addresses from this proposed new RIR be “better” than those issued by the existing RIRs? What makes these addresses “special”? Who needs them? Why? Fourth, why would an LIR choose to pay more for these “special” addresses instead of just using the ones it’s already got from its RIR? Fifth, this proposal has great potential for unnecessary mission creep, adding more moving parts, forum shopping and so on.