Race For the New 1400 Domains Begins

Do you own your kid’s domain name?

This is a very relevant question in a world where your online identity is becoming as important as your physical one (maybe even more so).

It’s no wonder domain industry is continuing to grow with tech-savvy parents. Angelina Jolie is a good example…read the rest here.

You know, my blog DomainsFLow started with posts and reviews related to domain names (explanation of the blog’s name) so I keep my eyes on what’s new.

The final list of proposals that will compete with the popular .com has been published last week, and the first new domains will be in use within a year.

Interesting for potential clients and customers

ICANN (Internet Corporation for Assigned and Numbers) last week has published the list of proposals for new domains.

The competition has been published in May, whipped up more than 1400 different domains. 911 suggestions were from the USA and 675 from Europe. The final number of suggestions was 1930, but some of them were the same, so the final figure was 1410.

Promoters who have the same ideas will have to agree about who is entitled to a name, say from ICANN, and if they don’t agree, than ICANN will hold an auction for that names ; an auction open to everybody.

New proposals are relating to corporate names, hobbies, ethnic groups, expressions and everything else for what they have reported a new domain, thought it might be interesting for potential clients and customers.

Opportunity for society and the community domains

According to the announcements from ICANN, priority will be domains that are focused on society and the community. Following the publication of the list of proposals, users will have a period of 60 days to comment on the proposals offered.

In addition to comments, users will be able to register a certain domain as offensive or launch issues around copyright for individual names.

It is predicted to take at least a year until they are in use.

Big money is in the game

Beside the public disputation on the name, everyone who has registered a new domain will have to propose a financial plan that must be sustainable.

For the ICANN it’s important that a company, as the owner of a domain, can guarantee that it will exist even if the company fails.

All who have signed up for every new domain registration had to pay $ 185,000. New names, among which there are very attractive for a large number of clients and customers, could bring a big profits to their owners.

Which domains can we expect?

Among those who signed up to proposals for new domain name is Google, which has reported more than fifty new names.

Company Donuts, for example, announced that it has collected one hundred million dollars to buy 307 domains, while DemandMedia reported for 26.

. sucks – “Momentous” a Canadian holding company, headquartered in Ottawa, wants to be an intersection of all the internet trolls. We can already imagine the wars between iOS.sucks and Android.sucks.

. rip – Another domain in which is interested “Momentous”. Will serve as a place where you can put people memories, brands and products that are no longer with us.

. casa – Judging by what’s been written here, this house could become a registry house of GoDaddy.

. adult, .porn, .sex – These names are obviously here because the ICM registry is not enough only .xxx.

. app – New residence for developers of mobile applications.

. rocks – A logical choice for the company Dotrocks from Arkansas, but probably for some other companies.

. world – This domain is interesting to Radix registrar and obviously there is really no need for Martians to apply, if NASA finds them on the Red Planet in August 2012 .

So, do you own your kid’s domain name?

Wheather you’ve got kids or are expecting, do you think it’s a good idea? I’ve seen some people having their pets blog, so share your experiences and thinking with us.