I've just read through the process on ICANN's website, and have downloaded the "Applicant Guidlines" all 152 pages of it... for some further reading.
http://icann.org/en/topics/new-gtlds/comments-3-en.htm#files
But, PokerPie, you are so right. This is nothing more than a means to crank out another round of fees from legitimate Brand and TM owners â especially in the VERY expensive TM sunrise periods. I've already done this 6 times starting at .info up to .tel. A f*cking waste of time and money, IMHO â
only to protect my IP.
ICANN underestimates the Domainer Industry â white and black hats â and doesn't realize that post sunrises A, B & C when reg fees are rationally priced, all the good ones will be snapped up and the non-domainers will once again be without their preferred domains.
Lol, the penny just dropped....This is what ICANN wants to happen....more fees with yet another sucker punch.