The internet can be made a much better & safer place if the new registries enforce proper regulations. Of course, there will be exceptions but there are many major players in this race who will work towards this objective. If you look at it in another way, it opens up a whole new world of opportunities not just for ICANN or the registry but for us, developers! Lets say I made a super awesome Iphone App and want a website for it, how much is the probability of me finding a relevant .com domain name for it? On the other hand, I have higher chances of getting a very relevant name with a .app extension & if this extension is popular amongst app users (which the .app registry would definitely ensure) then I have just multiplied chances of my app being discovered easily! Now some would argue that apps are to be found in app markets but then this was just a simple example, the possibilities are endless. I believe we are in a historic moment of the evolution of internet, something which would make the internet better, easier & safer for all of us.
