Third level domain option enters general availability today.
.Co.com, a new third level domain name registration, enters general availability today with “single-digit thousands” of registrations already.
The registry says that the greatest interest is coming from countries where third level domain names (e.g. something.com.au, something.co.uk and even something.com.co) are already commonplace.
Some third level .co.com domain names already get traffic because of this similarity to country code domain names, and this is where a domain investor opportunity might exist for these domains.
Many domains that were previously priced at steep premiums are now at regular prices. The cheapest price I found at three registrars this morning was $35/year.