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ICANN considers making single-letter domains available

ICANNWhat are the most valuable domain names on the market? That's hard to say, but there could soon be twenty-six more of them: a.com through z.com (well, more than twenty-six when you get to the .nets, .orgs, and so on). ICANN, the organization that oversees the world's domain names, is reportedly considering freeing up the single-letter second-level domain names that were originally excluded from the DNS system for technical reasons. There are currently six single-letter domain names that were grandfathered into the current system: q.com, x.com, z.com, i.net, q.net, and x.org. One company which would like to buy a single-letter domain is Overstock.com, which would like the domain name o.com, to reflect its rebranding as "The O." Single-letter domain names would undoubtedly go for astronomical sums, but would such a move be genius or madness on the part of ICANN?
 

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