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ICANN Should NOT introduce new "primary market" GLTD's
- To: new-gtlds-introduction@xxxxxxxxx
- Subject: ICANN Should NOT introduce new "primary market" GLTD's
- From: PSByOwner@xxxxxxx
- Date: Fri, 16 Nov 2007 09:08:15 EST
ICANN Should NOT introduce new "primary market" GLTD's.
ICANN Should focus on current, existing GLTD management; and insuring
current registrants continue to renew their names (therefore securing the ICANN
fees associated with these renewals); Not introducing more GTLD's. New GLTD's
have no purpose if no one registers them; and the primary driver behind
'mainstream' GLTD registrations (like it or not) is the names potential for
traffic
generation (i.e. value) and forces of speculation. Fact is, the current
GLTD's are more than adequate to service demand for many years to come: this
statement based on the lack of website expansion and development on the .biz
and
.info domain names on the Internet. It is apparent that these domains have
not been developed out as predicted in the .com "boom and bust"; when they
were
first introduced (2000-2001). The speculative market will as a whole
determine what domains will be sustainable, and which will fail. Market forces
should be left as they are: introducing new GLTD's may adversely effect the
current market balance, and not only jeopardize current value systems in
place, but
the renewal fees that can be collected.
Point being, the situation is counter-intuitive: Introducing more GLTD's
will lower the money generated from ICANN fee's; not increase it.
There would be minimum speculative interest in these new domains; at least
not like in previous introductions; meaning more administrative and management
costs, without the capacity of financial sustainment. The best thing ICANN
can do is insure the domain name system remains in place, and the current
market of names value systems remain as it is. All administrations should
support
themselves financially, im sure this is why the ICANN fee was introduced
with every renewed domain. Preserve that; don't jeopardize it by cheapening the
current GTLD's.
Respectfully, and thanks.
Bryan Suitt
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