New gTLD''s are a massive failure.
Greetings. The new GTLD's are a complete waste of time and effort, and are a massive failure before they've even been initiated. No one will build websites on them, and only speculators will buy them. Insiders and speculators have already bought up all the premium generic names. .MOBI and .ASIA domains are now worthless, because there will be little or no development on these names. The so called "Sunrise" and Landrush" are a joke: these periods were done so quietly and under the radar that only a very very small set of insiders have the best names. As a result, their greed will be their undoing; because just like real estate, the value of a domain is not just dependent on the generic term, but whether or not there is any development in the area. To Compare, owning one of these domains will be like all those empty houses that speculators bought in the US in 2005. To build a website on .ASIA or .MOBI is like building a house in the middle of the desert, with no people around for miles. Its a shame. I wont even bother with these domains. Who cares about them if you cant get at least one premium name? Lin Wang (mailto:new-gtlds-dns-stability@xxxxxxxxx) **************The year's hottest artists on the red carpet at the Grammy Awards. Go to AOL Music. (http://music.aol.com/grammys?NCID=aolcmp00300000002565)