ISOC sold the .org registry to Ethos Capital for $1.1B
Anybody can ELI5 me why it's such a huge deal? I mean .org does not have any special meaning for a while now. Anybody can have a .org. Most commercial entities don't do that because .org kinda implies "not business" which is contrary to the impression most businesses want, but there's no limitation on that if any commercial entity wants to have a .org, they can.TLDs are virtually unrestricted now (not entirely but close to it), so you can have me.sexy and spaghetti-monster.church if you wanted to. I know there were price caps on .org, but frankly unless you're in heavy SEO/marketing game - which most nonprofits aren't - domain name costs aren't that major expense even for commercial companies. And dozens, now hundreds of TLDs are being managed by commercial entities without Internet descending into chaos and ruin. So why does the Internet world "despair" about this thing?