Domain acquisitions by companies in the crypto industry are becoming a regular occurrence. Recently, we published the news of crypto-securities company Harbor acquiring both Harbor.com and Harbour.com. Other high-value domains such as FO.com have also been used in the creation of new crypto services. Today, we can bring you the news of another interesting acquisition.
The domain Swarm.com looks to have been acquired by Swarm Fund in late 2017 following an Initial Coin Offering that raised a total of $5.5 million. Swarm, described as a cooperative ownership fund for investment assets, raised the funds thanks to a total of 637 contributors. Despite launching on January 29th 2018, Swarm made the decision to acquire Swarm.com last year.
Up until November 2017, the domain Swarm.com was owned by ClickableNames who is a subsidiary of Juggle LLC. The name doesn't look to have a publicly-disclosed asking price, but there have been many examples of similar names selling for five and six-figure fees within the past year.
Based on DomainIQ's WHOIS history, it appears that this transaction was brokered by domain industry brokerage company NameCorp LLC since the Swarm.com domain moved into the possession of NameCorp for around a month before moving to Google's registrar under privacy protection.
The Swarm.com domain is currently redirecting to Swarm.fund, a domain that was registered by Swarm's co-founder Joel Dietz in 2014. Based on an archived version of the Swarm.fund website, the domain was used in conjunction with the Swarm.co domain. Interestingly, Swarm.co was acquired via Sedo in August 2014 for $5,500 and subsequently sold in 2016 for $2,500.
The Swarm.co domain name is now owned by an insurance company called Swarm, who are operating on the domain Swarm.me.
Prior to publishing, we reached out to all parties involved in the acquisition of Swarm.com, but we were unable to disclose any details, leaving the domain industry to speculate on the sales price. Something that is certain, however, is the fact that more and more crypto companies seem to be investing funds into upgrading to valuable .COM domains.
Up until November 2017, the domain Swarm.com was owned by ClickableNames who is a subsidiary of Juggle LLC. The name doesn't look to have a publicly-disclosed asking price, but there have been many examples of similar names selling for five and six-figure fees within the past year.
Based on DomainIQ's WHOIS history, it appears that this transaction was brokered by domain industry brokerage company NameCorp LLC since the Swarm.com domain moved into the possession of NameCorp for around a month before moving to Google's registrar under privacy protection.
The Swarm.com domain is currently redirecting to Swarm.fund, a domain that was registered by Swarm's co-founder Joel Dietz in 2014. Based on an archived version of the Swarm.fund website, the domain was used in conjunction with the Swarm.co domain. Interestingly, Swarm.co was acquired via Sedo in August 2014 for $5,500 and subsequently sold in 2016 for $2,500.
The Swarm.co domain name is now owned by an insurance company called Swarm, who are operating on the domain Swarm.me.
Prior to publishing, we reached out to all parties involved in the acquisition of Swarm.com, but we were unable to disclose any details, leaving the domain industry to speculate on the sales price. Something that is certain, however, is the fact that more and more crypto companies seem to be investing funds into upgrading to valuable .COM domains.
Last edited: