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ICANN stated that it will indeed be opening the domain vault in about two years, making it possible to register your website under your very own .extension - if you have the cash. The reality is that large companies will be the winners, with such monster names as .disney, .walmart and .gerber leading the pack.
The ordinary .joe will have to wait until prices drop before registering their own domain, but hopefully it won’t be long before extensions like .eBay will be available to encourage the online market’s traffic.
The advent of the much anticipated .me domains resulted in an insane rush on GoDaddy last week, and the confusion is still being sorted out - many investors felt cheated even though their money was refunded, as they had been informed they had acquired their desired name only to have their bubble burst a few hours later.
The new plan of open unlimited domains will take much longer to become popular, since the hefty price tag will dissuade all but deep pocketed investors.
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