Talks about the new gTLD domain extensions appear to be ongoing in Singapore, and I would expect that we’ll soon know whether they are going to be approved at this ICANN meeting. When the approval is eventually given, I believe there are going to be dozens of applications for gTLDs such as .nyc, .insure, .eco, .vegas, and many others.
Whether many or most of the new gTLD domain names will be available for sale to the general public or simply used by the companies that operate them is something that is an unknown. Companies awarded gTLDs after the expensive application process will likely have that choice and can make their own business decision about how to sell, market, and use their new domain extensions.
We do know that the .CO Registry is having considerable success selling .CO domain names. That can be attributed to strong marketing efforts undertaken by the registry. Some applicants will surely try to emulate this, while others may decide to keep and utilize the domain names for themselves or their company.
All that being said, if you could own and operate a gTLD, which extension would you choose? I would probably choose something like .insure or possibly a .geographic extension. The .insure would be a choice if search engines are kind to new gTLD and .geographic for consumer adoption since businesses in that city would likely purchase their domain names if they had the opportunity.
So… which gTLD would you want to own?