If you don't know, gTLD is internet for "generic Top Level Domains". A TLD is a domain like ".com", ".co", ".ru", ".co.uk", and others - top level domains.
Well ICANN - the company that runs domains, essentially - has begun churning out generic top level domains for purchase - things like .beauty, .cars, .bike, .money, .health, etc.
So now if I own a plumbing company in my home state I can buy "northcarolina.plumbers"
I only just found out about this (I know it's been in the works since at least 2012) because I went to goDaddy to renew my blog domain and they offered me gTLDs for purchase.'
Do you guys think this will go anywhere, or do you think it has potential?
From what I've read and learned on the subject, it would seem that the real money to be made here is in owning a gTLD, spending the $200,000 with ICANN to be the owner .millionaires would be much more profitable then buying and auctioning/flipping other gTLDs (like hometown.plumbers).
Well ICANN - the company that runs domains, essentially - has begun churning out generic top level domains for purchase - things like .beauty, .cars, .bike, .money, .health, etc.
So now if I own a plumbing company in my home state I can buy "northcarolina.plumbers"
I only just found out about this (I know it's been in the works since at least 2012) because I went to goDaddy to renew my blog domain and they offered me gTLDs for purchase.'
Do you guys think this will go anywhere, or do you think it has potential?
From what I've read and learned on the subject, it would seem that the real money to be made here is in owning a gTLD, spending the $200,000 with ICANN to be the owner .millionaires would be much more profitable then buying and auctioning/flipping other gTLDs (like hometown.plumbers).
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