Till 1995 domain registrations were free and there is no one need to spend even a single penny to purchase it to start their website. At that period, lots of people have purchased it and internet is capable of providing all kinds of domain names. In 1995 Network solutions was granted the permission to charge on domain purchase and since then for purchasing the domain the initial cost was set at $100 per 2 years of registration. Then it was too expensive for people to purchase it. In that total amount,  30% of the fee in the form of a donation was transferred to National Science Foundation to create an Internet intellectual Infrastructure fund. Later on, their price was reduced to $70 for 2 years.

Categorized in: