ICANN To Approve Single-Letter Domains - 2005-11-30
The Internet Corporation for Assigned Names and Numbers (icann.org) announced it on Tuesday it was considering releasing single-letter Web addresses, such as a.com or b.com.
ICANN has received a number of requests by companies seeking to extend their brands with single-letter web addresses. The organization board will meet in Vancouver, BC.
The new single-letter web address names could start to appear as early as next year. However, the transition could be complex with the new online real estate holding the potential to draw prices up to six figures.
Domain names are usually released on a first-come, first-served basis for $10 or less. This policy favors those who have written programs to automatically and frequently check for a name's availability. One possible solution may be to auction names to the highest bidder.
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