Forget .com, here's .coke

[Debt.tv]

Here is an article I found on CNN this morning. I think it makes sense for big companies but for anybody else....FLOP!

http://money.cnn.com/2011/06/20/technology/dot_brand_domain_name_icann/index.htm?iid=Lead

 

[TheBaldOne]

The big companies will still need to utilize gTLD's otherwise they will simply be advertising to their own ready acquired market at best. This will be more a vanity acquisition than anything else, and there is an a lot of vanity out there in those big board rooms!

 

[bulkdomainz]

Waste of money!!

 

[Avabelle]

Will this affect the value of our .coms?

 

[emjohn]

Will this affect the value of our .coms?

IMO, for those holding the top 10% .com's, it won't affect them. If anything, the price will go up. The rest will lose some value. Samw with .net and .co.

 

[Avabelle]

IMO, for those holding the top 10% .com's, it won't affect them. If anything, the price will go up. The rest will lose some value. Samw with .net and .co.

I hope you are right

 

[Debt.tv]

IMO, for those holding the top 10% .com's, it won't affect them. If anything, the price will go up. The rest will lose some value. Samw with .net and .co.

I don't know. $100,000 a year renewal not counting set-up or any other cost to get it up and running?

I don't think this will effect .com, .net or .org. All others it might but the big companies are going to be the only ones that can afford this type of domain.

It will just create a new typo!

 

[DU]

I don't know. $100,000 a year renewal not counting set-up or any other cost to get it up and running?

I don't think this will effect .com, .net or .org. All others it might but the big companies are going to be the only ones that can afford this type of domain.

It's a gTLD not a domain

Where did you read the renewal? It says up to $100,000 recurring costs. I know a company that had a $1.5 million budget for domain legal issues so it's worth it to them even at that price.

The real maintenance costs will plummet eventually and be replaced by whatever fees the "man" can rustle up - those backhanders and handshake costs can add up!

It's part of the next generation of internet. Segregation - you all experienced the internet at its birth... watch commercial enterprises ruin it one decision at a time!! Yay.

 

[winst]

Will this affect the value of our .coms?

$185,000 to play, wont be implemented until 2013. Even that, all ISP, web pages, servers, filters will need to be modified to handle it. Its going to be a long time.

It's going to be messy. People will go back to the tried and true .com domains to make sure it works in the broadest level.

I think it will be good for the .com names.

 

[Sparhawke]

"Today's decision will usher in a new Internet age," said Peter Dengate Thrush, chairman of ICANN's Board of Directors. "We have provided a platform for the next generation of creativity and inspiration."

Bullshit, they have simply ushered in a new era of big companies killing the internet.

The internet we have today was originally founded on everyone having a level playing field (even though that never quite worked out since most of the major internet companies including Yahoo, Google, Napster and Facebook all stole university bandwidth that we do not all have access to), now we will simply have leviathans owning all the generic gTLDs and using them to swell their pockets, there will be no innovation at all.

 

[Debt.tv]

It's a gTLD not a domain

Where did you read the renewal? It says up to $100,000 recurring costs.

Sorry, details, details, details!:wave:

 

[Avabelle]

Bullshit, they have simply ushered in a new era of big companies killing the internet.

The internet we have today was originally founded on everyone having a level playing field (even though that never quite worked out since most of the major internet companies including Yahoo, Google, Napster and Facebook all stole university bandwidth that we do not all have access to), now we will simply have leviathans owning all the generic gTLDs and using them to swell their pockets, there will be no innovation at all.

Sparhawke...How do you see this playing out? I pretty new at this and I am wondering how long my quality .coms will have their value.

 

[GiftedDomains]

Will this affect the value of our .coms?

yes.

it will increase the value of your .coms

 

[InvisionTech]

useless

Another idea originating from brainstorm meetings on how to make more money.

ICANNT.

 

[Sam]

Hmm, more money for their pockets in "non profit" expenses, or keep the internet clutter free.

Jeez this is a tough one. The DOJ needs to take a good hard look at this one. Or the IRS should at least revoke its non-profit status. This is clearly going to be a money making machine for ICANNT

 

[enlytend]

Here is an article I found on CNN this morning.

Spin, spin, spin :D.

I still say it's just going to confuse most people, and I predict lots of typo action on domains like [keywordNewgtld].com.

Might make SOME sense for companies that get phished a lot to go to their own gtld - they'll also be the ones with the money to pour into marketing, branding and consumer awareness. Aside from that? Money grab for the registries, registrars, ICANN, and any opportunistic business that can figure out a way to cash in on it. Pure and simple.

 

[Kate]

.coke is too similar to .co.ke (Kenya)

 

[exsedo]

White lines anyone? :hehe:

 

[Sparhawke]

Sparhawke...How do you see this playing out? I pretty new at this and I am wondering how long my quality .coms will have their value.

No prediction is ever going to be 100% accurate but I think that some people will think the sky is falling, get rid of a load of domains, some good and some bloody awful, and then in a couple of years realise that everyone in consumer land is confused to hell about the idiocy of ICANN and the companies that bought such extensions and go back to using the main ones we have always had.

The main issue I see is that unless you have .amazon, .sony or .sky, things of that nature no one is ever going to know truly who owns what.

At least with sony.com or sky.co.uk the vast majority of users know the companies and trust them and they will know to a fair extent where the companies are based, who exactly will get their grubby mitts on .medic is a complete bloody mystery and it could be a famous hospital like Cedars Sinai in LA, or Alder Hey in Liverpool but more than likely it will be owned by a dodgy MLM program in the middle of nowhere, 25 miles East of Poison Pills Ridge..

The people on the panel at ICANN are a complete bunch of idiots who will not be able to close Pandoras box again once they go down this dangerous road.

 

[GiftedDomains]

http://www.cnn.com/video/?utm_sourc...business/2011/06/20/ramy.new.internet.era.cnn