Watch This Domain Name Space
At present the domain name system for Internet addresses is defined by 22 top-level domains (these include .com, .net and .org) and approximately 250 country code top level domains (such as .nz and .uk). This is about to change dramatically.
The Internet Corporation for Assigned Names and Numbers (ICANN), the non profit organisation responsible for coordinating top-level domains, is introducing new top level domains in a programme that is expected to bring exponential growth to the number of top-level domains. In June ICANN unveiled the 1,930 applications for new top-level domains received in the first application round. ICANN is to prioritise these for evaluation and the first new top-level domains could become operational as soon as April 2013.