It’s official, ICANN just approved the launch of new Generic Top-Level Domains (gTLDs) — at a cost of $185,000 per application, plus a $25,000 annual fee.
So what does this all mean for .COM? I say that this is good news, and it will only increase in value of .COM.
It’s simple — adding noise to any market will increase the value of the prime real estate.
Source: Domain Hole