The NFTs.com Web2 domain identify offered for a record $ 15 million

The NFTs.com domain offered for $ 15 million, creating it 1 of the most high-priced domain identify product sales in background.

The NFTs.com Web2 domain name sold for a record $ 15 million
The NFTs.com Web2 domain identify offered for a record $ 15 million

According to DomainInvest, the deal was brokered by Domainer and GoDaddy for an unknown purchaser, though Escrow.com facilitated the sale. Jackson Elsegood, General Manager of Escrow.com, explained it was 1 of the greatest Web3-linked transactions he had ever viewed on his platform.

The deal was finished on August three, creating it the greatest publicly reported domain sale in latest many years, soon after the Voice.com domain identify in 2019 for $ thirty million. It is also the most high-priced cryptocurrency-linked domain in background, surpassing Eth.com, which was purchased for $ two million in 2017.

Interestingly, in April 2021 the domain identify Bitcoin.com was briefly listed on GoDaddy for $ a hundred million.

However, other registrars this kind of as NameCheap opposed the move, claiming that Bitcoin.com was not for sale and GoDaddy was promptly up to date with a standing update stating that “Bitcoin.com has been approved. Use”.

Going back to the primary subject, the information that NFTs.com was offering for $ 15 million came in the context exactly where the Web3 domain identify discipline was “hot” yet again, specifically ENS alphanumeric domains. While there have been no product sales commensurate with the “dizzying” worth of Web2 domains, ENS domains are usually offered for tens of 1000’s of bucks.

The greatest sale to date of the ENS domain goes to paradigma.eth, which was obtained in October 2021 for 420 ETH (about $ one.five million at the time). Despite the coincidence of the names, the popular cryptocurrency investment fund Paradigm has denied acquiring produced the buy of this domain identify.

On the other hand, some customers assume this could be a joke, even if the value is relatively high-priced. However, situations of “excessive” jokes are not unusual on the marketplace, a short while ago there was an incredibly uncommon incident in which an NFT investor had to drop a hundred ETH due to “insanity” with ENS.

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