The Internet's governing body, ICANN, is allowing for a dramatic expansion of the namespace with a host of new Top-Level Domains (TLDs), the suffixes that go after the dot, such as .com, .org, and, soon, .anything. That is likely to create money for ICANN’s primary constituents, but only added costs for companies and the public at large.
https://prosyn.org/GNibbuz
NEW YORK – A name is just a sound or sequence of letters. It carries no value or meaning other than as a pointer to something in people's minds – a concept, a person, a brand, or a particular thing or individual.