Domain name land rush
Starting tomorrow, [lots of investors and entrepreneurs are headed to San Francisco]( ) for the .nxt conference. It’ll be lots of discussions about the new domain names — websites that end in things like .eco, .god, gay, .sport. It’s a subject the Internet Corporation for Assigned Names and Numbers has been debating for quite some time, and now if you want a new domain name, you’ve got to pay ICANN $185,000 to apply. These address aren’t going to go live until next year, but it could mean big business for domain name operators From the Washington Post:
The future operator of .sport, for instance, could sell as many as 200,000 or more Web addresses – hockey.sport, bethesda.sport or washingtoncapitals.sport – for wholesale prices ranging from $6 to $50 to such companies as Go Daddy. These firms then re-sell the Web sites to consumers for higher prices. [Kieren] McCarthy also said ICANN is debating whether the domain operators could sell Web addresses directly to the consumer themselves.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?