$100,000 for a dot whatever extension?
I try to gobble up all relevant “make money online” news. Wendy from wendy’s reel wrote a response post about ICANN’s decision to allow any type of domain extension. So, in a couple of year, companies and individuals can register a whatever.whatever domain. This is big news for domainers and webmasters. The newer extensions (.info,.biz) haven’t caught up to dot coms, and they never will. But, having your own extension could mean gold to people who invest in some key extensions. There have been talks that a .sex extension or a .money could start bidding wars. They are thinking about pricing the extensions at around $100,000 a pop. Do i think that this will change the value of .coms? Not really! Did .info or .biz change the game much? Nope! I think web surfers are used to punching in .com to get to a site. Heck, iphones and blackberries already have a .com button on their keypad. Dot coms and country extensions will continue being the norm, but these extensions are making it pretty exciting.
If i had the money to invest in my own extension, i totally would. If i could get something like .law or .business, i know that you could flip it right away and make a ton in profit. These registrations will be for serious and relevant companies or individuals. You will need to go through a lengthy application process. They’re saying that they should have more details penned out towards the end of 2009. Read the full story at cnn. If you started or already invest in domain names, don’t be alarmed. Your dot com domains are still the premium extensions.
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June 27th, 2008 at 9:02 am
$100,000 a pop is a bit extreme which leads to believe that the .com extensions will still be around.
Agreed though it could be profitable for some of the bigger companies with using their own names
Appreciate the link back
June 27th, 2008 at 9:03 am
im so excited! I’m saving money to gobble up those domains. *evil laugh*
June 27th, 2008 at 11:00 am
wow to much money that is, can it will be happens?
June 27th, 2008 at 11:49 am
That was intresting, i doubt it will have much effect either, but what do i know? =p Im a .com girl myself.
June 27th, 2008 at 4:49 pm
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June 27th, 2008 at 6:22 pm
wendy- no prob wendy. nice response post.
desmond- 100k is a big much, but for .sex i think it’s more then worth it.
revenue- yes i can.
stacy- dot coms will always be king. Think about how much dot com domains generate. icann can’t kill the cash cow. This is just a form of expansion. Domain names, unlike real estae can’t create a more luxury space. Dot coms are already set as the park avenue, and beverly hills of the virtual real estate market.
aliette- spam!
June 29th, 2008 at 1:58 am
[…] will this change affect the way we view .com names? $100,000 for a dot whatever extension? is a post that explores how the value of .com names might collapse while original unrestricted […]
July 2nd, 2008 at 9:10 am
[…] week, they announced that they will set up dot whatever extensions. This caused quite a stir in the domain community, but it’ll blow over quick. The money that […]