Rivals bid to snatch green domain

08 August 2009

Rival environmental groups are lining up supporters to try to take control of a new net domain aimed at green groups.
At least two consortiums are known to be preparing bids to control .eco.
In March this year, former US vice president Al Gore backed a bid by the California group Dot Eco to operate the so-called "top level domain" (TLD).
But now a Canadian environmental group known as Big Room has launched a competing bid to manage the TLD, which is similar to .com or .uk.
Both firms plan to apply to Icann - the regulatory body that oversees domain names - for the creation of .eco early in 2010.
"We're two different applicants with two different business ideas," Minor Childers, co-founder of Dot Eco, told BBC News.
"Ours is to sell domain names to raise funds for organisations who can affect change."
He said the group had already entered into contracts with its supporters - such as the Sierra Club and the Alliance for Climate Protection - to give away 57% of its profits from sales.
"We could be one of the biggest contributors to environmental causes anywhere in the world," said Mr Childers. source: bbc.com

Posted by News Point at 11:21 PM  
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