Internet upon its creation was subdivided into sections or tld. The ownership of each section was handed to a different entity. The entity managed all of the subnames on its section. And so began the modern tld system.
The management of the subnames on each tld is still given to one entity. For example, verisign manages the .com TLD.
So in order to create new TLDs you need managers to step up. That's true for even country level domains.
So your question would evolve to if an entity can apply for and manage it's own tld. Well, icann did open this up and had some heavy requirements for TLD managers.
The management of the subnames on each tld is still given to one entity. For example, verisign manages the .com TLD. So in order to create new TLDs you need managers to step up. That's true for even country level domains.
So your question would evolve to if an entity can apply for and manage it's own tld. Well, icann did open this up and had some heavy requirements for TLD managers.
https://en.wikipedia.org/wiki/.com?wprov=sfla1