5 Reasons All The Hype About .anything Domain Names Is Like Y2K

The land grab is officially starting. For the first time since the popularization of the Internet, the big news today is that ICANN is opening up the ability for the creation of new suffixes that come after the dot, such as .com or .org. The open application process lets any organization apply to be the manager of a new top level domain (TLD) and applications are expected for everything from categories and industries like .ngo (for charities and nonprofits) or .city (for cities). In addition, of the over 2000 applications expected (despite the $185,000 application fee), more than 2/3rds will expected to be brands who are registering their own brand out of fear of cybersquatting.

via www.rohitbhargava.com