Is this the End of .com Era?

June 23, 2011 - PRLog -- 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 world wide 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. One extension right will cost US $ 185000 one time application fees and USD $ 25,000 yearly fee." According to Internet Expert Ritesh Kakkad of IndSoft.net

He also Added, "We feel .COM would still continue to be be KING of all Domain Name Extension always, because significant money already spent on ‘.com’ promotion and many giant Internet brand already created with .com extension in last few years of Internet History.  But at same time we expect Domain Name  market to grow by leaps and bound because of increase in opportunites and availability of 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 benefit to retail customers."

Extended domain name could lead to lots of confusion said Krishna Rawalo, Regional Head, working with an financial advisory firm Netzcapital, "Currently we have  set of domain extension that could be used for visiting website and for email communication, But with unlimited domain names around, Communication via email and domain name could lead to a lot of confusion with less technical people like us"
   
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