On October 3, the British government announced that it was giving up sovereignty over a small tropical atoll in the Indian Ocean known as the Chagos Islands. The islands would be handed over to the neighboring island country of Mauritius, about 1,100 miles off the southeastern coast of Africa.
The story did not make the tech press, but perhaps it should have. The decision to transfer the islands to their new owner will result in the loss of one of the tech and gaming industry’s preferred top-level domains: .io.
Whether it’s Github.io, gaming site itch.io, or even Google I/O (which arguably kicked off the trend in 2008), .io has been a constant presence in the tech lexicon. Its popularity is sometimes explained by how it represents the abbreviation for “input/output,” or the data received and processed by any system. What’s not often acknowledged is that it’s more than a quippy domain. It’s a country code top-level domain (ccTLD) related to a nation—meaning it involves politics far beyond the digital world
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Once this treaty is signed, the British Indian Ocean Territory will cease to exist. Various international bodies will update their records. In particular, the International Standard for Organization (ISO) will remove country code “IO” from its specification. The Internet Assigned Numbers Authority (IANA), which creates and delegates top-level domains, uses this specification to determine which top-level country domains should exist. Once IO is removed, the IANA will refuse to allow any new registrations with a .io domain. It will also automatically begin the process of retiring existing ones. (There is no official count of the number of extant .io domains.)
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I doubt they'll kill the domain outright, there's too many long established websites using it and too much money behind those domains. It helps that the Chagos Island transfer is a lot less messy than the breakup of Yugoslavia (hopefully at least as it hasn't actually happened yet).
Sounds like they just won't be renewed when they expire.
That's what the author says IANA will do based on the precedent of .yu, but IANA hasn't actually said what they'll do yet.