New gTLDs made available by ICANN

gTLDs : generic Top Level Domains

Wide array of new gLTDs were made available by the Internet Corporation for Assigned Names and Numbers (ICANN). The move will transform cyberspace.

Traditional gTLDs like .com, .org, .net, and even country-specific domains like .in (for India) are likely to take a back seat as companies and individuals vie to get new domain names registered.

As of 2 June 2014, more than 295 new gTLDs, have been introduced. Registering a domain name could cost a buyer anything ranging a few hundred rupees to 50000 rupees or even more depending on the extension and the nature and category of the particular domain name.

In the past two months, a wide range of new gTLDs bearing dot-suffixes such as: bio, mortgage, investments, tax, market, yachts, autos, motorcycles, beer and vodka have been introduced.

A host of new gTLDs ending with the dot-suffix lawyer, vet, engineer, dentist, attorney et al will also help professionals while '.brand' will help companies acquire a distinct identity.

About ICANN

• The Internet Corporation for Assigned Names and Numbers (ICANN) is a non-profit entity that coordinates the internet address system. ICANN plays a key role in policy formulation and administration of gTLDs.
• The ICANN was founded in 1998 by Jon Postel and is headquartered at Marina del Rey, CA, USA.
• Its Chief Executive Officer is Fadi Chehade

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