The number of new generic Top-Level Domains(gTLDs) delegated into the Internet's Root Zone has reached 100 according to the Internet Corporation for Assigned Names and Numbers' (ICANN) Generic Domains Division.
This means that the steps before domains can start accepting domain registrations for names to use as new gTLDs are growing fewer being among the final steps. This means that new gTLDs are now almost 5 times than they were in mid last year and hence customers have greater choice hence the development has been dubbed the 'largest domain name expansion in internet's history'.
"We are as eager as everyone else to see what type of innovation these new Domains will usher into the online world," said Akram Atallah, President of ICANN's Global Domains Division.
Related article: DCA Trust takes ".africa" case with ICANN to Independent Review Process (IRP) Panel The new changes in the internet that have been brought by the expansion of the domain name system (DNS) will bring numerous benefits including internationalized domain names, bringing various geograpohical areas together, increasing control on pricing for those registering your TLD amongst others.
The gTLDS could also create a rallying point for supporters of your cause, community or culture, create revenue stream for gtLD owners, lead to new innovative business models and result in innovative marketing opportunities as domain owners are able to create a better brand definition, brand loyalty and trust.
The biggest benefit of the gTLDs is that it will decentralize the ownership of generic domains currently in the hands of 22 individuals such as companies .COM, .ORG and .NET and to new innovative extensions such as .FOOTBALL, .DAD, .PHD, .CEO, .AFRICA amongst others totaling 1930.
"This is an historic milestone for ICANN's new gTLD Program and the Internet as a whole," said Christine Willett, Vice President of gTLD Operations. "The year ahead will be defined by new opportunities in a vastly expanding online landscape."
ICANN has also announced that the new delegations of 200 Registry Agreements have been signed with new gTLD applicants allowing participants to enter into final stages of the Program and prepare for delegation into the DNS.