[NA-Discuss] Help create the .nyc Internet space for New York and New Yorkers

[Bret Fausett]

On whether city TLDs will succeed or are needed, I trust the markets  
to make that decision. Any proponent of a new gTLD has a significant  
upfront investment to make-- in the millions -- and I presume they all  
do their market research before launching to know whether they have a  
reasonable chance to make a return on that investment. ICANN should  
have a plan for "retiring" failed TLDs, along the lines of what it has  
done with some ccTLDs, and then let qualified applicants see what they  
can do.

I can understand why a registrant might prefer nameofmyhotel.nyc over  
nameofmyhotel.travel, but I share some of the skeptism expressed by  
others about the willingness of commercial enterprises who already  
have a .COM name to re-brand themselves under something else. Then  
again, I once thought that buying <commonword>.com was a waste of $35,  
that a portal was stupid business (Yahoo!), and that Google was *way*  
overpriced at its IPO....so what do I know?

     -- Bret