This frogans thing? Hoax?

I'm sure you've all received your "reserve your frograns address now" emails by now.

We're debating internally whether this is an elaborate hoax, or a dot.bomb that hasn't yet run out of VC cash.

I'm interested in nanog'ers take on it?

- Dani

I did a quick lookup on it and here's my $0.02

It doesn't look like a hoax but it does look like an organization destined
for failure.

It looks like a big scheme to get past the current TLD's but it requires
it's own special player.

Don't waste your money.