Could it cost you thousands to renew your domain?

Tony Hung, over at deep jive interests, posts about how ICANN is lifting its price controls on .info, .biz, and .org domains:

Basically, it appears that with the lifting of price controls, ICANN has the potential to engage in ‘€œvariable-pricing’€? so that they might charge whatever the market will bear for a particular domain (with those top level domains).

This means they could charge thousands for domains that previously cost only $8-10 now.

And with the threat of a ‘€™slippery-slope’€™, one wonders if the same effects could possibly happen with .com or .net domains in the future.

I don’t know about you, but I’ve been spending $8.88 at Namecheap for years to register and renew my domains…

Today was the last day that input could be given to ICANN about this change. Now what happens?

I sure hope nothing, because it would suck to spend $1000 to renew our BlogMedia domain….

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