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Some new GTLD could, in theory, be wound up completely...

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The interesting part was the suggestion that the namespace could be effectively intentionally priced into oblivion (presumably by raising renewal rates so high that NOBODY renews).
 
Come on, anyone deciding to use a new GTLD must off their rocker.. Basically some poor end user is sold the dream to build out on a new .junk extension and is practically got 'by the balls' via increased renewal fees in the future.

At some point when they turn a profit and renewals dry up, in the long run surely be for the chop. Donuts Inc profess "emergency back-up" and ICANN will not allow them to 'fail' but how long is that going to be financially viable to run a registry for a few lost souls?

It's practically a giant ponzi scheme.. so don;t do it folks - stick with the tried and tested .com, .uk, .org, .net - can anyone suggest one reason why you would develop on a new gTLD rather than a trusted .com or .UK etc...? and don't say its because the domain you want is 'not available' this basically means your not researching or looking properly in the right places.
 
Total premium name sales for November, from all sources came to a record blasting $1,622,164.13.

As of November 30, 2015, total cumulative sales of registry reserved premium .CLUB names came to $2,890,363.40. The highest single sale remains Wine.club at $140,000.00, however November’s blockbuster sales include a 7-figure package deal to a single Chinese Investor.
 
yeah but its still tat... we've already been though all this back in early 2000 and can't seem any .biz, .travel or .info's about - even .net?

By implication those are a hell of a lot better than whats coming out now.

fools gold.. I've bought a few .info's and biz I've done it, I donlt want to confuse flipping and long term viability either.



Total premium name sales for November, from all sources came to a record blasting $1,622,164.13.

As of November 30, 2015, total cumulative sales of registry reserved premium .CLUB names came to $2,890,363.40. The highest single sale remains Wine.club at $140,000.00, however November’s blockbuster sales include a 7-figure package deal to a single Chinese Investor.
 
This is definitely going to happen, the only question is when.
If the plan is to sell to the public, many extensions will struggle to achieve profitability, because the demand cannot match the supply. The seeds of chaos were planted from day one.

When the first extensions start crashing, this is going to further discredit new extensions as a whole, while they have yet to take off.

I think icann's conduct is downright criminal here, but at the end of the day everybody is free to waste money.
 
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