"for the world domination"
a spin-off of 'ftw' (for the win). used in conversation to point out how amazing/awesome
something is. when saying "world domination" instead of "win" you're adding more emphasis or just raising it up another not of cool-ness.
the word came about when halfway through saying the phrase "for the win" someone decided they wanted
something better than just
winning, they wanted world domination. :]