So far the reason for the cost is yet unknown, except that the registry decided to sell at that expensive rate. Possibly because of available clever domains lik

So far the reason for the cost is yet unknown, except that the registry decided to sell at that expensive rate. Possibly because of available clever domains like traveli.ng, shoppi.ng, flyi.ng etc and maybe they have some overhead operating cost because the country is still in alpha stage of internet penetration and knowledge. Whatever the case, we hope they cut it down soon.