Domain Names for Sale? | AccountingWEB

Domain Names for Sale?

Just when you thought all the good domain names were gone, you’ve got another chance. The International Corporation of Assigned Names and Numbers (ICANN) has announced that it will be accepting applications and a non-refundable fee of $50,000 for expanding the Web to feature site suffixes other than .com, .net and .org.

The public will have the opportunity to comment on proposals until the cut-off date of Oct. 2. After that, the finalists will be announced in November. However, there are a few confusing factors that have turned the potential of a rush of new ideas into more of a false start. For example, the board hasn’t decided just how many different domains will be accepted. As things stand now the number is between three and 20.

Still, there is a buzz about some potential names such as .movie, .bank, .web and .site. For those interested who aren’t willing to fork over $50,000 until ICANN comes up with more definite guidelines, waiting may just be the thing. So far no proposals have been submitted.

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