From Wired.com:

Even before Saddam Hussein's regime started losing its grip, a London ISP began rallying momentum for a plan to bring pervasive and unfettered Internet access to post-war Iraq.

The grassroots proposal seeks to fund the reconstruction of Iraq's Net infrastructure by selling Internet addresses ending in .iq -- the country-code suffix in Iraq's domain name.

Due to trade sanctions and other issues, no dot-iq domains are currently active. But the charity project's sponsors, which include British ISP Onega, say the domains -- with the country-code suffix that connotes high intelligence -- could be auctioned off to worldwide Internet users for a hefty sum.

IQ Test for Rebuilding Iraq