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Once upon a time, if you wanted to register a domain name,
you could only do it by visiting Network Solutions at http://www.networksolutions.com/
and paying them whatever they asked for, about $35.00 per
year.
Then ICANN, http://www.icann.org/,
The Internet Corporation for Assigned Names and Numbers (ICANN)
that is the non-profit corporation that was formed to assume
responsibility for the IP address space allocation, protocol
parameter assignment, domain name system management, and root
server system management functions previously performed under
U.S. Government contract by IANA and other entities, decided
to change the rules.
The initial testing phase of the new competitive Shared Registry
System for the .com, .net, and .org domains quietly began
to take place in April of 1999.
It started with five participants who were the first to implement
the new system for competition in the market for .com, .net,
and .org domain name registration services.
Previously, registration services in the .com, .net, and
.org domains were provided by Network Solutions, Inc. under
an exclusive contract with the United States government.
In the two years since this program began, things have really
changed.
Just this last week, ICANN reported that two of their registrars,
Tucows and New York-based Register.com, had recorded more
new registrations for Top Level Domains (dot-com, dot-net
and dot-org) than VeriSign's Network Solutions.
This marks the first time ever that VeriSign's Network Solutions
was out-sold by any of the registrars and signals that their
past dominance of domain name registration is certainly fading.
Why?
Because besides others being allowed to make domain name
registrations, these new registrars are also cutting prices.
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I just registered a new domain name, http://autopilotebiz.com/,
that will not start Pre-Launch until April 2001, but for the
price I used to register a domain name for two years, $70,
I was able to register AUTOPILOTeBIZ.COM for 10 YEARS!
The RULES have most certainly changed.
The Shared Registration System ("SRS"), ICANN's
accredited registrars program, allows people to submit application
to become a registrar along with a non-refundable $1000 filing
fee.
After someone is accepted into the program then they must
pay a yearly fee of $5000 to maintain their status as an accredited
registrar.
This situation has created a very competitive environment
which can only be beneficial to all of us as the price to
register a domain name has fallen like a rock from a very
tall building.
However, if you plan to register a new domain name using
a virtual unknown registrar, make certain they do indeed have
the legal accreditation from ICANN by visiting the ICANN web
site and viewing their posted list of ALL accredited vendors:
http://www.icann.org/registrars/accredited-list.html
It will only take you a few moments to make sure you are
dealing with a reputable vendor of domain names. Those few
moments will make the entire process legal and worry-free.
A.T.Rendon is an entrepreneur and published writer.
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