Dominion.Domains

Coins.com Sold for 7 Figures!

Labeled as sales in Domain Industry News started by Crysis, Jul 9, 2018 at 3:04 PM.

Replies:
38
Views:
1,384

  1. Crysis

    Crysis Established Member

    Posts:
    492
    Likes Received:
    1,575
    Earlier today, Elliot Silver reported that Coins.com sold for 7 figures.

    Since acquiring the domain name, the buyer has already received offers of almost $10 million.
    Read more here:

    https://domaininvesting.com/coins-com-domain-name-sold-and-in-escrow/

    By the way, Which is a better name - Crypto.com or Coins.com? Even though I love Coins.com, my vote goes to Crypto.com
     
    Last edited: Jul 9, 2018 at 3:11 PM
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Haykay2005

    Haykay2005 Active Member VIP

    Posts:
    1,926
    Likes Received:
    3,043
    That's a good one. Congrats to parties involved
     
  3. Sami Ketolainen

    Sami Ketolainen Upgraded Member Gold Account VIP

    Posts:
    1,179
    Likes Received:
    989
  4. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO Blue Account VIP

    Posts:
    2,725
    Likes Received:
    2,914
    In terms of a brand name, I would take Crypto.com over Coins.com every single day. Coins.com in the plural is not in the same caliber as Crypto.com IMHO :)
     
  5. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

    Posts:
    11,607
    Likes Received:
    7,856
    Agreed I would take Crypto.com.
     
  6. Mary Muse

    Mary Muse 800+ Blockchain Domains VIP

    Posts:
    787
    Likes Received:
    1,435
    Agreed -- but these names didn't sell for the same price/equity/etc..

    Price-tag & balancing the fact that Coins still makes a stellar brand, who knows..it's a great sale, either way!

    (Assumingly) Crypto /com was sold for a much higher price tag, that is..

    *Also, can't imagine that it hurts the overall value of e-coins /.com which I acquired for $xxx this year.
     
    Last edited: Jul 9, 2018 at 4:08 PM
  7. Joshua Harding

    Joshua Harding AvailDomains.com Gold Account

    Posts:
    360
    Likes Received:
    417
    100% agreed. The strength of Crypto.com cannot be overstated.

    Interestingly, though, Coins.com will persist to have value irrespective of the future of cryptocurrencies.

    As a result of crypto-frenzy, I often find myself losing sight of just how large the numasmatism + coin retail markets are.
     
  8. Kingslayer

    Kingslayer Active Member VIP

    Posts:
    1,394
    Likes Received:
    3,476

    Agree in this case but 'coins' will always have value regardless what happens in the crypto market, ‘coins’ is a great stand-out name to build a brand around in the crypto market, but if crypto goes tits up, Crypto dot com (whilst still good) won’t be a 7 figure domain anymore in my opinion and 'coins' will have a higher sell on value than 'crypto'.

    I’d take names like money/bank over any of them though.
     
    Last edited: Jul 9, 2018 at 4:12 PM
  9. Constantin S

    Constantin S BRANDUE.COM VIP

    Posts:
    3,155
    Likes Received:
    5,529
    Definetly the right time to sell it. I'd also prefer crypto.com over coins.com anytime.
     
  10. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO Blue Account VIP

    Posts:
    2,725
    Likes Received:
    2,914
    I would argue that regardless of what happens in the "Cryptocurrency" market, "Cryptography" has a brighter future online than coins do.

    Coins.com as a plural really throws me off to be honest. I just picture a website selling old coins. :)

    P.S - I'd give anything to own Coins.com though lol
     
    Last edited: Jul 9, 2018 at 4:14 PM
  11. Premiums

    Premiums Auction.FYI VIP

    Posts:
    1,520
    Likes Received:
    958
  12. keston57

    keston57 Established Member

    Posts:
    82
    Likes Received:
    44
  13. vast

    vast Established Member

    Posts:
    150
    Likes Received:
    63
    Indeed, the "crypto" term has been in the digital security and encryption space long before the cryptocurrencies have emerged. There are established "crypto" sites in multiple extensions in this niche.
     
  14. OmarVG

    OmarVG Active Member VIP

    Posts:
    1,418
    Likes Received:
    905
  15. hwgriffi

    hwgriffi Established Member ★★★★★★★★★★

    Posts:
    108
    Likes Received:
    285

    I know a lot of people prefer "Crypto" to "Coins" but it really depends on the use of the end user.

    I am in agreement with Kingslayer that if 'Crypto' technology fads out for another technology, "Coins" will always have a very strong value.

    Many people in the wave of a trend can never see past the trend, but I have a Zip drive in my garage that can tell you a story of $250 USD wasted on a external zip drive that became useless within the year when CD-RW technology became affordable enough to slap in your gateway computer.

    By no means am I saying that crypto is done for, its a great technology, but most people don't realize that Bitcoin takes up 160GB of space on each computer it uses. Crypto is going to have a big storage problem on their hands as ledgers increase and the security of virtual wallets are continually compromised.

    A lot of people lost a lot of money in the past 6 - 8 months. Go talk to someone who bought BTC at $15k+ and ask them how great crypto is.

    For now, great transactions for both buyer and seller. I wouldn't mind 7 figures added to my pocket myself :)
     
    Last edited: Jul 9, 2018 at 8:07 PM
  16. rashedx

    rashedx Established Member

    Posts:
    103
    Likes Received:
    13

    mmmm. i have seen the same comments somewhere ...lol.

    Yields.com ..!!

    https://www.namepros.com/threads/yields-com.1062124/
     
    Last edited: Jul 9, 2018 at 9:00 PM
  17. FolioTeam

    FolioTeam Established Member

    Posts:
    352
    Likes Received:
    886
    To be honest, I prefer Coins.com just for the simple fact that coins are not just restricted to crypto currencies. Of course, Coin.com would have been better.
     
  18. Deepak Bhandari

    Deepak Bhandari Established Member

    Posts:
    221
    Likes Received:
    110
  19. Ootsa

    Ootsa Upgraded Member Gold Account

    Posts:
    56
    Likes Received:
    122
    The kind of sale a great many of us dream of making.

    The buyer now intends to leverage Coins.com to maximize it's valuation potential.
    The 7 figures he paid could later on look like a bargain.

    The buyer is “seeking to position Coins.com in a joint venture capacity with a major group (i.e. top digital asset exchange or platform in the cryptocurrency space, or traditional stock exchange or IBANK like Nasdaq, Deutsche Bourse or Goldman Sachs).
     
  20. rashedx

    rashedx Established Member

    Posts:
    103
    Likes Received:
    13
    Generally :
    Singular is Brand. .. Crypto.com is brand ( could be anything related to crypto )
    Plural is Business ... Coins.com is business ( more of selling/trading coins )
     
    Last edited: Jul 10, 2018 at 8:14 PM
  21. Jv1999

    Jv1999 Squire of the Tower VIP

    Posts:
    1,699
    Likes Received:
    1,315
    Hmm another crypto domain sold ... there's really some kind of market upswing coming...
     
  22. elevator

    elevator DnCombo.com VIP

    Posts:
    1,525
    Likes Received:
    1,155
    Crypto.com is more valuable but coins is also a very good asset that covers every aspect of crypto. But crypto as you all knew, covers includes the aspect of security more better than that of coins; coins covers more than virtual money as it includes physical cash. such as old coins in existence before the arrival of cryptos
    Above all in my opinion I love crypto and liked coins.
     
  23. -EM-

    -EM- Top Member VIP ★★★★★★★★★★

    Posts:
    3,664
    Likes Received:
    1,774
    Coins as a word will have a much greater value with or without the crypto laundry created so far.
     
  24. Keith

    Keith Top Member VIP ★★★★★★★★★★

    Posts:
    7,530
    Likes Received:
    6,182
    Coins isn’t all that great imo. It’s very low 6 figs, where crypto could be $50 million plus...
     
  25. rashedx

    rashedx Established Member

    Posts:
    103
    Likes Received:
    13
    which one is better Coin.com or Coins.com?
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
Topics / Tags:

Share This Page

Lysted
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...