New Domain Ranges

The Domain Name governing body, ICANN (The Internet Corporation for Assigned Names and Numbers) has agreed to release an, as yet unknown, number of additional Top Level Domains. For those of us who are not so familiar with Internet jargon, examples of these that are currently available are: .com, .org, .net.

Future top level domains could be .travel, .shop , or .biz. Surprisingly no bid for .eu, a widely expected domain, appears to have been made. The number of new domains created will be between 3 and 10, depending on demand. Those companies wishing to run a Top level domain needed to have submitted a proposal, with a US$50,000, non-refundable fee by early October. The first public consultation period for the names proposed is 9-27th October. The final decision of which will be adopted should be reached by the end of this year.

Many domain names have been sold already - despite the fact that they may not be approved. For those who have bought names that do not get issued or that are issued by a different company it will be money wasted. For those who have bought desirable names from the right company it could be a fortune made. Will go for millions or not even be?

ICANN is a private, non-profit making organisation created 2 years ago as a collation of user, business, technical and academic representatives to develop policies to maintain New Domain Ranges, IP addresses and port number, all of which must be 'globally unique'.

The funding of the organisation currently comes from voluntary contributions e.g from country registration bodies (such as Nominet UK), although in the future more formal arrangements are expected.


Originally published: October 2000 -- This page last updated: 9th February 2001