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A fourth version of the draft applicant guidebook (DAG4) was published in May 2011. On June 20, 2011, ICANN's board voted to end most restrictions on the creation of generic top-level domain names (gTLDs) -- at which time 22 gTLDs were available. Companies and organizations would be able to choose essentially arbitrary top-level Internet domains. The use of non-Latin characters (such as Cyrillic, Arabic, Chinese, etc.) would also be allowed in gTLDs. ICANN began accepting applications for new gTLDs on January 12, 2012. A survey by registrar Melbourne IT considered entertainment and financial services brands most likely to apply for new gTLDs for their brands. The initial price to apply for a new gTLD was $185,000.[16] ICANN expected that the first batch of new gTLDs would be operational by September 2013. ICANN expected the new rules to significantly change the face of the internet. Peter Thrush, chairman of ICANN's board of directors, stated after the vote: "Today's decision will usher in a new internet age. We have provided a platform for the next generation of creativity and inspiration. Unless there is a good reason to restrain it, innovation should be allowed to run free." Industry analysts predicted 500–1000 new gTLDs, mostly reflecting names of companies and products, but also cities, and generic names like bank and sport. According to Theo Hnarakis, chief executive of Melbourne IT, the decision would "allow corporations to better take control of their brands. For example, apple or ipad would take customers right to those products." In agreement, Nick Wood, Managing Director of Valideus, suggested "Your own gTLD demonstrates confidence and vision and may accelerate your brand and its value. An internet address at the Top Level is far better than registration at the 'low rent' Second Level."  However, some companies, like Pepsi, ruled out a branded gTLD.


Domain is like the shopfront of your business. You might be just starting a new business, with the actual shopfront you will need to thousands of dollars to dress up the place, stock-up the store...what's next? Wait for the first visitor to come. Have you consider before everything is moving, you might want to announce to the world the new business you have hatched.



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