BYE bye dot com, dot net or dot org. Imagine creating your own DOT WHATEVER.
At a meeting in Singapore, the board of the Internet Corporation for Assigned Names and Numbers — also known by its acronym ICANN — approved the change to allow domain names using any combination of letters and numbers, including non-Latin characters.
New gTLDs will change the way people find information on the Internet and how businesses plan and structure their online presence. Internet address names will be able to end with almost any word in any language, offering organizations around the world the opportunity to market their brand, products, community or cause in new and innovative ways.
The group said it will begin to accept applications for new domain endings in January 2012.
The application fee alone is clocked in at $185,000, and winners will have to pony up $25,000 annually after that.