In response to requests by companies seeking to extend their brands, the Internet Corporation for Assigned Names and Numbers will chart a course for single-letter Web addresses as early as this weekend, when the ICANN board meets in Vancouver, British Columbia. Those names could start to appear next year.``Obviously this is a valuable commodity,'' said Kurt Pritz, ICANN's vice president for business operations. ``How would the name be sold?''
...Auctioning names to the highest bidder is one possibility.
The big players are already making claims on some of these domains. Overstock wants O.com and Yahoo feels Y.com should belong to them.
Y / O have applied for trademarks, not sure it'll do them any good.
[webmasterworld.com...]
Wonder how much g.com will go for?
I'd have to figure, for prices like these, the lords of the WWW will have to offer some assurances that the current system will persist for awhile. That makes me feel a little better. :)
It's good to be king. Someone is going to be enriched, merely for someone having the power to say "Hey, let's do this . . because we can."
Envy? Me? Muhahaha. :)
My guess is this simply will go the highest bidders.
WebWork makes the very interesting case - if people are going to spend big bux on their domain name they might not be too quick to defocus the value of the domain name system.
Looks to be a windfall for some entity. 26 Xs $1 million+ for .com, probably a few going for multiples of that figure.
Actually, Q.com and X.com are already registered, to Qwest Communications and Paypal, respectively.
Does this mean that ICANN is going to allow expired 2-letter domains to be registered again?