New gTLD''s are a massive failure.

[PSByOwner@xxxxxxx]

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)  



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