The first step to starting your website is registering your domain name. Think of your domain name as a street address for your website. Without a domain name, you would have to tell customers to visit your website at a temporary url such as 18.104.22.168/~yourwebsite instead of yourwebsite.com. Get your own domain name to lend your site a professional look and establish your online brand!
Even if the term isn’t trademarked, don’t buy domains that are just a variation of another domain name. This means avoiding plurals if the singular is taken (mediatemple.net vs. mediatemples.net), hyphenating a phrase (media-temple.net), or adding “my” or some other preposition (mymediatemple.net). Alternately, you might consider buying these variations yourself and set them up so that if someone types one of the variations, they are redirected to your main site.
While numbers like the ones seen above are impressive, most domains sell for significantly less extravagant prices and are generally in the two or three-digit range. Not long ago, those who were able to secure general terms (like icecream.com or pizza.com) not protected by trademark rights often found themselves sitting on virtual gold mines. The glory days of this boom have long since passed, and those looking for a profit in today’s market need a keen sense for coming trends.
General Data Protection Regulation (GDPR) will be enforced by the European Union (EU) on May 25th, 2018. The GDPR is a strict set of rules centered around customer privacy. Internet Corporation For Assigned Names and Numbers (ICANN) has released a temporary standard to comply with GDPR while it negotiates with GDPR. As of the 25th, Oracle will remove the contact information from it’s whois server to comply with the GDPR as a temporary measure until the full ICANN standard is released.