The document provides an overview of the New gTLD Program being run by ICANN. It discusses the evolution of domain names over time from the original gTLDs like .com to the current New gTLD Program. It describes the program, including who can apply, how to apply, important dates, and fees. The goals of the program are to remove limitations on gTLDs, create more choice and competition in the domain name marketplace, and allow for innovation and new business opportunities.