ICANN approval allows virtually any domain extension as a part of its expansion strategy, so now say welcome to anything.anything
Peter Dengate Thrush, who chairs the Internet Corporation for Assigned Names and Numbers (ICANN), created a New History on Internet World. ICANN, which manages the Internet's web addresses worldwide, at a meeting in Singapore, approved an expansion of the range of addresses available, so that website names will soon be able to end with anything from generic names such as ".shop" to ".restaurant" to business brands like .INDSOFT.
ICANN, until now, had only allowed 22 Domain extensions including ".com" and ".org". Last year, ".com" had 89.2 million address registrations; ".net" had 13.5 million, and ".org" 8.3 million. All three were so-called "legacy domains" that were created in 1985 before the formation of ICANN. The next most popular domains were ".info" with 6 million registrations in 2010 and ".biz" with 2 million. But from 2012 ICANN will accept domain name requests for almost any word in any language starting January 12, 2012 to April 31 2012. "But this won't come cheap. Each extension right will cost a US$185,000 one-time application fee and a US$25,000 yearly fee," according to Internet Expert Ritesh Kakkad of IndSoft.net
He also Added, "We feel .COM will still continue to be be KING of all Domain Name Extensions, always, because significant money has already been spent on '.com' promotion and many giant Internet brands have already been created with .com extensions in last few years of Internet History. But at the same time, we expect the Domain Name market to grow by leaps and bounds because of increased opportunites and available options. Already our domain name promotion offer of .in and .co.in domain name extension are priced below US$ 1/PA. Such competition gives direct benefits to retail customers."
Extended domain names could lead to lots of confusion, said Krishna Rawalo, Regional Head working with the financial advisory firm Netzcapital, "Currently we have a set of domain extensions that could be used for visiting websites and for email communication, But with unlimited domain names around, Communication via email and domain names could lead to a lot of confusion with less technical people like us"
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