Right now, there are a limited number — 22, to be precise — of what’s called “generic top-level domains.” The most familiar ones are “com,” “org,” “info,” “edu” and “net.”
Under the new rule, people will be able to apply to ICANN to register most any word, in any language, as their domain ending.
ICANN will be charging at least $185,000 per domain application (more in the case of buyers who want one all to themselves). So it seems pretty clear that this will largely be for corporations, and maybe some governments.
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