The retail price of goods and services is determined by supply and demand, not cost plus markup. Registrars will sell you both 99¢ domains that nobody wants and

The retail price of goods and services is determined by supply and demand, not cost plus markup. Registrars will sell you both 99¢ domains that nobody wants and premium domains at thousands of dollars. Supply just increased thanks to new TLDs, yet demand seems to be moving slow to these new options. When more of the new TLDs are registered and adopted by the market, overall prices will go down. Eventually, if a blockchain-driven domain registry takes hold, ICANN domains may become free or even disappear.