Who and how are decided those recent new website extension (.family, .xyz …)
In: Technology
As of 2012, ICANN (the organization responsible for managing *top-level domains* among other things) allows anyone to create and register a new TLD for the bargain-basement price of $185,000 (plus $25,000 per year to maintain the registration). Once you’ve had your TLD approved by ICANN you’re responsible for registering and routing any domains within your TLD. Different companies and organizations have a lot of different strategies for doing that so it’s tough to generalize.
So if I had sacks of spare cash lying around I could register .rys as a top-level domain (assuming it doesn’t already exist). People could then buy domains from me: hen.rys and ter.rys and what-have-you. I could also broker deals with companies like GoDaddy to sell them on my behalf. I’m then responsible for making sure the DNS tables across the globe get updated in a timely fashion in order to send hen.rys traffic to the IP address they registered with the domain.
Latest Answers