Comment by p4bl0

The .name predates the TLD well-off crap. The first huge bulk of new TLDs happened in 2014, .name dates back from 2001, just like .info or .coop.

Also, .name filled an actual need for general non ccTLD: companies had .com, organizations had .org, Internet related stuff had .net, there was .gov, .edu, .mil, and ccTLDs, but nothing made for individuals. It filled this use case, it actually made sense.