Sorry for the re-post. Originally I wrote this as a reply to a different conversation. After re-reading what I wrote a few times, I thought I'd create its own thread to open up discussions about the idea.
We were talking about the relatively low number of sales of nGTLD names and the relatively low level of public awareness and interest...
This is where regulations should come into play from ICANN.
What ICANN should do with the next round of nGTLD releases is as follows:
It's simple.
1) nGTLD extension domains should cost no more than the average cost of .com
2) nGTLD extensions registries should not be allowed to "reserve" or price gouge, ehem "premium price," certain names.
If these two regulations are in place then you'll have fair and affordable access to nGTLD names for everyone to purchase. You will have a REAL free market of new domain names. The awareness and interest levels in nGTLDs will likely skyrocket.
Right now it just seems like most nGTLD releases are "the game is rigged" bullsh*t casino markets..
We were talking about the relatively low number of sales of nGTLD names and the relatively low level of public awareness and interest...
This is where regulations should come into play from ICANN.
What ICANN should do with the next round of nGTLD releases is as follows:
It's simple.
1) nGTLD extension domains should cost no more than the average cost of .com
2) nGTLD extensions registries should not be allowed to "reserve" or price gouge, ehem "premium price," certain names.
If these two regulations are in place then you'll have fair and affordable access to nGTLD names for everyone to purchase. You will have a REAL free market of new domain names. The awareness and interest levels in nGTLDs will likely skyrocket.
Right now it just seems like most nGTLD releases are "the game is rigged" bullsh*t casino markets..