Make Any Domain Extension You Want!

Soon it could be possible for Businesses/Individuals to make their own domain extension, so for example Google could register .Google. This would be useful for them because then they could have such domains as Adsense.Google or Gmail.Google etc. But how will this affect the domain industry, A hobby of mine is developing/domaining so I hope it doesn't affect the business a lot because thousands could be out of work. Luckily it costs an arm and a leg to register your own extension, otherwise people could easily make their own and it would get messy.

To beat a competitor to the punch, a company might decide it needs to control a new generic domain, such as .cereal or .detergent, but it would be costly. The currently proposed application fee is $185,000, says Levins, plus an annual "continuance" fee of $25,000. If more than one company wants a suffix, there could be a bidding war.

Follow me on twitter! Click Here

Original Source