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Would You Buy a $50,000 Domain Name?

June 27th, 2008 posted by · 2 Comments

Are you tired of the same old domain name extensions? .com, .net., .org – blah! How boring!

What would be cool is if you could have .yourname. All the money making blogs could end with .money for example. Maybe there’s still hope for that.

ICANN (the Internet Corporation for Assigned Names and Numbers) is getting ready to vote to open up the Internet naming convention to allow more options.

Some experts speculate that any new extension will cost up to $50,000. With that being said, I highly doubt individuals will be swooping up any new domain names in the near future. What I do predict though, is that large corporations could be all over this. Such domain names as .google and .ebay would be registered as regular corporate branding almost instantly.

I think the idea of new extensions is pretty neat. .fm and .tv domains caught on very quickly – although they’re still not as cheap to register as the TLDs (top level domains) are.

Read more on this from CNET.



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2 Comments so far
  1. Flimjo MyAvatars 0.2
    July 1st, 2008 at 9:32 am

    I doubt any individuals will buy $50,000 domains unless they’re swamped with cash. But corporations will likely buy them regularly.

  2. Tom - StandOutBlogger.com MyAvatars 0.2
    July 7th, 2008 at 4:23 pm

    It is confusing enough with the amount of domain extensions there already are. Why do they have to make it even worse?