sales Block-Chain.Com Has Been Acquired for $1,000,000

[xseoco]

The Cryptocurrency Domain Name Block-Chain.Com Has Been Acquired for $1,000,000

One of the largest ever cryptocurrency domain name acquisitions was announced during Consensus 2018, the 4th annual blockchain technology summit sponsored by CoinDesk. A group of investors has purchased the Block-chain.com domain for $1 million (111 BTC), which makes this the third most expensive cryptocurrency domain name acquisition ever.

Prior to this transaction, the most expensive blockchain domain names sold were btc.com (sold for $1.1 million as early as 2014) and eth.com (sold for $2 million in October 2017). The buyers of the Block-chain.com domain immediately launched one of the largest portals in the blockchain and cryptocurrency industry, bringing together the functionality of all the current major industry players.

https://www.newsbtc.com/2018/05/22/cryptocurrency-domain-name-block-chain-com-acquired-1000000/

 

[kammineni.com]

I do registered few
BlockchainSignup.com
BlockchainEssence.com

 

[garptrader]

The attraction to domain investing is the perception that one can acquire a domain for $10-$50 and perhaps sell it for $1500 or win an expiring domain auction for low $xxx and later sell that domain for $5000 or more. The reality is much different as end users are often reluctant to open their wallets for a domain name particularly one which is of average quality. Most people regardless of their financial resources want a bargain and will do some comparison shopping prior to committing to a purchase. This applies to real estate, employment, cars, electronics purchases and even a trip to the mall to shop for clothing. So when you read a story of a new TLD registrar or anyone selling an average-quality domain for five figures or more, one should be skeptical. Yes, it only takes one buyer who really wants your domain to make a big sale but after ten plus years in this industry I have seen how often those buyers with fat wallets come knocking on my door. For a million dollars you can buy a nice piece of real estate or hire a team of highly-qualified professionals for your startup. There are companies which decide to spend five to six figures monthly on PPC ads using reg fee domains rather than buy a decent aftermarket domain to promote their business. So this sale seems incredulous IMO.

 

[eined]

Incidentally I'm selling BlockUnchain.com.

 

[campout]

Someone correct me if I'm wrong, but I don't think this is the sort of thread where you post what blockchain names you own.

 

[shig]

JESUS-CHRIST, looks like the second .com bubble to me.

$1,000,000 for a DASH-DOMAIN?

I would NEVER-EVER even pay $10,000 for a DASH-DOMAIN... S-M-H

 

[DubDubDubDot]

I've spent all afternoon buying every hyphenated domain I can brainstorm. This is a turning point. I just know it.

 

[shig]

Lol

 

[Dave]

I have never sold a hyphenated domain name. Years ago I had some cracking keywords with high search and CPC, I never got any interest whatsoever.

This type of sale is unusual, people need to remember that.

 

[hawkeye]

Someone correct me if I'm wrong, but I don't think this is the sort of thread where you post what blockchain names you own.

But it is..if you're desperate to get a validation on your sub-par domain or hopefully-maybe make a sale, or just don't care where you post them.

 

[DubDubDubDot]

This type of sale is unusual, people need to remember that.

Of course, there is no way of verifying that domain sales actually happened the way they are reported.

 

[GoWeb]

I have never sold a hyphenated domain name. Years ago I had some cracking keywords with high search and CPC, I never got any interest whatsoever.

This type of sale is unusual, people need to remember that.

Sort of an Inner Circle sale to some CEOs. My only dashed domain sale so far has been Bit-coin.io

 

[DOMAIN ILLUMINATI]

What I am reading:

"The cryptocurrency domain name block-chain.com has been acquired for $1,000,000."

What I am thinking:

"The cryptocurrency domain name block-chain.com hasn't been acquired for $1,000,000."

 

[garptrader]

Here is an interesting question... If a few weeks ago you had seen this domain in a Namejet or Godaddy auction, how much would you have bid on it? At Namejet where you cannot get away without paying at least $70, I would not have even bid. At Godaddy, would I have bought this in closeout for $12? Perhaps. My idea would have been to price it in the $799 or maybe slightly higher but only because the blockchain space is emerging technology. Hyphens suck for branding for English domains IMO.

 

[Mary Muse]

Here is an interesting question... If a few weeks ago you had seen this domain in a Namejet or Godaddy auction, how much would you have bid on it? At Namejet where you cannot get away without paying at least $70, I would not have even bid. At Godaddy, would I have bought this in closeout for $12? Perhaps. My idea would have been to price it in the $799 or maybe slightly higher but only because the blockchain space is emerging technology. Hyphens suck for branding for English domains IMO.

This just shows how out of touch you are with pricing. Don't feel bad, it's apparent most here are, despite their title or domain-industry "experience."

This is a ridiculous sale (if real) but your pricing expectations are borderline ignorant imo.

The only thing that stands -- the crypto domain market is an "emerging" industry itself, so don't act like your decades of experience apply to crypto-domain related sales.

It's a brilliant name imo, as Blockchain WAS NOT always one word, and the hyphen does not ruin it. Anyway, if it's a unique brandable, that point is moot.

I would've priced it, personally in the six figure range, but congrats to the seller for breaking the 7 figure threshold.

Looking for comparable sales? These will be the comparables.

 

[-EM-]

 

[shig]

Consider this....

decentralized.com sold for $3,250
I would consider it a much safer investment since it can describe the overall decentralized FinTech industry. I would pay $1,000,000 for decentralized.com before I would spend $1,000,000 on BlockChain.com, and that's without the ugly dash in the middle.

 

[Mary Muse]

Consider this....

decentralized.com sold for $3,250
I would consider it a much safer investment since it can describe the overall decentralized FinTech industry. I would pay $1,000,000 for decentralized.com before I would spend $1,000,000 on BlockChain.com, and that's without the ugly dash in the middle.

That sale is probably the most undersold sale in the history of sales.

Other than that, all .com industry-specific, category-killers SHOULD BE seven figure domains based on FinTech/DLT's future.

 

[shig]

Rather own?
Wi-Fi.com or Block-Chain.com

That sale is probably the most undersold sale in the history of sales.

Other than that, all .com industry-specific, category-killers SHOULD BE seven figure domains based on FinTech/DLT's future.

Agree it was undersold but Block-Chain? They better go buy Crypto-Ledger and Vali-dator

 

[Mary Muse]

Agree it was undersold but Block-Chain? They better go buy Crypto-Ledger and Vali-dator

Lol these two examples don't even make sense as comparables to blockchain/block-chain....

 

[CarlosJay]

Consider this....

decentralized.com sold for $3,250
I would consider it a much safer investment since it can describe the overall decentralized FinTech industry. I would pay $1,000,000 for decentralized.com before I would spend $1,000,000 on BlockChain.com, and that's without the ugly dash in the middle.

I'd much rather own BlockChain.com.. by far - its become the brand name/buzz word for a certain type distributed ledger technology.
The industry is attracting billions and its all under a concept which has been named 'BlockChain'.
When JP Morgan has a department called 'The Blockchain Centre of Excellence' (started in 2015) that tells you the direction the wind is blowing.