It still needs to be approved by ICANN, there is most likely going to be a catch and it would only be for 2012 at the earliest.
So it will more like a paid service. I guess VIP members will get priority over standard members at launch.
.free sounds really annoying if you ask me. $8-10 for a .com or anything else is not terrible you could just skip having subway for dinner for a couple nights or something.
behind of the .FREE domain names is standing an international company dotFree Group s.r.o. which has lots of expirence in running an own registry. .FREE will be for FREE as you hear in the name and i think that is the main concept. Preregistration is for free, costs you nothing and is it a normal stage for every new upcomming gTLD. They are well conected to the ICANN as they are active at the ICANN meetings and they have for sure enough funds to cover costs for an aplication fee to apply for .FREE
They can be succesfull as .CO or the others.
Thank you for your interest in .FREE domain names!!!
Preregistration of 250,000 .FREE Premium Domains Launched - Get Poker.FREE, Download.FREE, Chat.FREE & More!