A great investigative article at GIGAOM unveils “The dark side of .io” – the article reveals how the only benefactor from the registration of dot .io domains, is the British government.
Making earnings from a “shady Cold War land deal“, the article describes the formation of the British Indian Ocean Territory, part of which is the atoll island of Diego Garcia, leased for 50 years to the US as a military base and a secret CIA prison for terrorists.
The island’s former inhabitants that were expelled from the Chagos Islands receive nothing in compensation from every dot .io domain sale, unlike the dot .TV deal for Tuvalu.
It seems that even the start-ups that have adopted the dot .io domain as a shorthand for “Input/Output” are unaware of the disgrace surrounding the .io ccTLD.
Read the entire shocking article about dot .io domains here.