Domain Name News, Domain Industry News, ICANN News, Registry News

Domain name registration started in earnest in the early days of the Internet, when people started to cotton onto the fact that domain names could be used for something other than novelty or specialized technical duties.

There were heady growth levels as new domain name registrations expanded like wildfire through the available and common domain suffixes (.com, .net and local country domains such as .com.au and .net.au for Australia). Every man and their dog starting a business, registering a business or trying to capitalize on a new business concept was using everything from common names and brands, to locations, nouns, adjectives, fantasies and business concepts. If you multiply this by the number of people dallying in the Internet then one can start to appreciate the volume of new domain registrations that were occurring on a daily basis - the stuff of which Dot Com dreams were made.
Dot Com Crash
Everything that goes up must come down, as the saying goes… It started one morning in May in 2000, with colossal losses in listed stocks on Nasdaq, closely followed by each of the relevant local markets around the world.
One of the flow-on effects was one of massively reduced new domain name registrations, followed by a delayed but equally colossal fall in the number of domain renewals around the world.
According to sources within the domain name registration and renewal industry, this severly affected domain name registrations, domain renewals and domain redelegation to the point where domain companies were required to scale back their operations considerably, planning for survival rather than growth.

Read the entire article here:  http://www.domaininformer.com/guides/General_Information/articles/090513-Domains-Boom-Or-Bust