On Monday, the IAHC issued a press release announcing what these seven new domain names would be and their intended use. The names are expected be in use in four to six months. The IAHC also decided to allow up to 28 new registrars to grant registration of these new domain names and existing ones. To what extent this will alleviate the demand for domain names remains unclear. Most large companies also try to get their name registered under every domain available, including country domains.
Many new businesses fail regardless of the industry.
When that business is a web site, it's easy to make sweeping predictions about the fate of the Internet. Web ventures are susceptible to the same mistakes as other media ventures. Poor content, insufficient marketing, and bad planning can fail any business. The site is no longer being updated on a daily basis and is expected to be removed by April. We don't think so.