Generic top-level domains - now its "www.abc.anything"

Rod Beckstrom, President and Chief Executive Officer of the Internet Corporation for Assigned Names and Numbers (ICANN)

Are you one of those people who are desperate to have their domain name with .com/.net/.org/.biz suffix and pressed down by someone who has already registered the same? Do not worry now. The ICANN (Internet Corporation for Assigned Names and Numbers) has approved to bring the remarkable change to the Internet's Domain Name System, which will allow new "dot.anything" web variations ranging from .movies to .clips and .computers to .calculators - at a price of $185,000.

ICANN, the international organization that issues domain names has took this step to witness the upcoming rush in domain name registration process. The new system is called generic top-level domains (gTLDs). This move by ICANN increases the number of domains drastically from 22 ( current available suffixes) to a big number. The new system would allow companies and organizations to apply for their own suffixes, which could be anything from a brand like .coke to something more broad like .cars. Or even one can think about the name of the city too. Names will also be allowed in native scripts such as Hindi or Chinese.

Rod Beckstrom, The President and Chief Executive Officer of ICANN said, "ICANN has opened the Internet's naming system to unleash the global human imagination. Today's decision respects the rights of groups to create new Top Level Domains in any language or script"

The gTLDs may drag companies in confusion to choose the best possible choice. The new system would encourage companies and businesses to customize their website. Reuters reports that the Japanese company Canon already has its plans to use .canon. Soon we will be searching .apple , .fedora , .man.

ICANN will take applications starting January 12, 2012 through April 12, 2012 to operate these domain names. The registration would cost you $185,000 ,plus an additional $25,000 annually to operate the registry.