# ICANN opened application period for new gTLD applicants

**URL:** <https://forum.polkadot.network/t/icann-opened-application-period-for-new-gtld-applicants/11116>\
**Category:** Tech Talk\
**Tags:** infrastructure\
**Created:** [December 11, 2024, 1:58pm UTC](https://forum.polkadot.network/t/icann-opened-application-period-for-new-gtld-applicants/11116 "2024-12-11T13:58:51Z")\
**Posts on this page:** 1\
**Showing post:** 11

<div class="post-metadata">

**Author:** ![somedude](https://dub1.discourse-cdn.com/flex005/user_avatar/forum.polkadot.network/somedude/32/7263_2.png) [@somedude](https://forum.polkadot.network/u/somedude)\
**Post date:** [December 13, 2024, 4:21pm UTC](https://forum.polkadot.network/t/icann-opened-application-period-for-new-gtld-applicants/11116/11 "2024-12-13T16:21:19Z")

</div>

> [@hitchhooker](#):
>
> to be frank as much as that industry is in need of disruption, I don’t think that becoming a tier-1 backbone provider is realistic at all.

I agree. Mission creep and expensive as well.

No one optimistic about Polkadot should think that investing in becoming a backbone provider could generate returns better than investing in “core” projects…

> [@hitchhooker](#):
>
> it’s good to understand here that obtaining an asset like gtld is a good opportunity to generate revenue through registration sales

I agree about the registrar. I meant if $100K was required for registrar + backbone provider business - it’d take years to build it so it’d mean $500-$1,000 K over years. The odds of recouping those costs would seem slim to me.

---

_[View the full topic](https://forum.polkadot.network/t/icann-opened-application-period-for-new-gtld-applicants/11116)._
