NFT

NFTs.com domain name bought for $15M

cryptoslate.com

04 August 2022 07:35, UTC

Studying time: ~2 m


The NFTs.com area identify has been acquired for $15 million, making it the most important publicly reported area identify sale this 12 months.

In keeping with DomainInvesting, the deal was brokered for an undisclosed purchaser by Domainer and GoDaddy, whereas Escrow.com facilitated the acquisition.

Finalized on Aug. 3, the deal is the most important publicly reported area identify sale prior to now few years, following the 2019 buy of Voice.com for $30 million. It’s additionally the costliest crypto-related area identify, overtaking Eth.com, which was bought for $2 million in 2017. Jackson Elsegood, the final supervisor of Escrow.com, mentioned this was one of many largest Web3-related transactions he’s seen on the platform.

In April 2021, the Bitcoin.com area was briefly listed on GoDaddy for $100 million, however different registrars comparable to NameCheap disputed these claims saying it wasn’t on the market.

The vendor of NFTs.com additionally stays nameless. No earlier buy costs for the area can be found to the general public, save for a $25,795 asking worth Archive.org recorded on the finish of 2018.

Matt Holden, a consultant at GoDaddy who beforehand labored for Domainer, mentioned that the area identify was a “phenomenal asset” contemplating how NFTs are laying the muse of the metaverse financial system and GameFi.

“It was a pleasure to work with all events concerned with NFTS.com, an unimaginable alternative for the customer to accumulate a class killer area and one in all, if not the very best dot com’s in your entire Web3 area,” he mentioned in a press launch.

No formal plans have but been introduced for NFTs.com. Nonetheless, Domainer mentioned that the area purchaser is related to a number of different Web3 tasks, together with DigitalArtists.com, a platform providing a curated Web3 service to artists.


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