Draft rules issued for new Net suffixes
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The Internet Corporation for Assigned Names and Numbers (ICANN)issued preliminary guidelines today for thousands of new domain name suffixes. This is the first major change to the Internet’s 25 year old address system, and one that is long overdue! But there’s a catch; the application fee for a for a new suffix is rumored to be around $200,000!
The application fee, scheduled to be disclosed Friday, is expected to approach $200,000 partially refundable only in limited circumstances to help cover the potential $20 million cost of crafting the guidelines and reviewing applications.
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