ICANN selling custom top-level domains for $185,000

Release time：2012-10-16
Browse：4399

In the wake of .xxx domains becoming reality, ICANN, the entity which governs Internet domain names, has begun accepting applicants today for custom top-level domains.Instead of being restricted to .com,.net,.info and the like,companies now have
the ability to buy a custom suffix,such as.facebook or.google,formally known as a generic top-level domain,or gTLD.Potential domain buyers will have until April 12 of this year to apply.

Unlike with traditional TLDs, buyers do not purchase just a single domain name but actually own the TLD itself. This would
be like buying the ".com" part instead of explicitly buying techspot.com. Afterward, it would be TechSpot's responsibility to
manage their own gTLD block so that websites like home.techspot, blog.techspot or forum.techspot resolve to the appropriate websites, for example. Once .techspot is owned, no one else would be able to create a domain under the gTLD.

The new TLD system is controversial. It was criticized by the FTC who expressed concerns for the potential abuse of custom TLDs following a "flood" of registrations. ICANN claims monitoring and handling such abuse is within its abilities, however,
past experiences such as colleges snapping up .xxx domains for obvious reasons show the onus may fall squarely upon
organizations and individuals.
About Eranet

Eranet International Limited(Eranet.com) was incorporated in Hong Kong in 2005, directly under Todaynic.com, Inc. which was established in 2000. As one of the first ICANN (The Internet Corporation for Assigned Names and Numbers), Verisign,
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