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Decentralization.com Just Closed at $5,050

Labeled as information in Domain Selling and Domain Sales, started by Jason Franklin, Mar 29, 2020

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  1. Jason Franklin

    Jason Franklin Established Member

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    I've been watching the Decentralization.com domain auction for the last few days and created a poll here yesterday to get everyone's opinion on what they thought it would close for.

    This would be a great name for a blockchain or crypto platform to start up on. I'm sure there are a lot of people in that space who would love to own this domain name.

    What are your thoughts on Decentralization.com?
     
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  2. Samer

    Samer Top Contributor VIP Blue Account

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    long word; but actual word ubiquitous with cryptocurrency

    i voted 10-15k in ideal environment

    sounds like seller got a discount
     
  3. Ryan217

    Ryan217 Established Member

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    Not the easiest to spell but a cool name none the less. I wish I had the means to buy domains at that level....someday....
     
  4. manpreet

    manpreet Established Member ★★★★★★★★★★

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    An Undersell....maybe due to the current situation, otherwise could have fetched much more.
     
  5. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    Well I voted $5k to $10k so I am delighted that the sale proved my ability to predict prices :xf.grin:. in fact I score 100% in all price prediction polls I have entered in the last 48 hr. I consider myself truly an appraisal monster :-P (some who follow closely one of my posts last few days may get the hidden message in my choice of wording, and no it has nothing to do with Rob).

    I agree it is possibly a slightly low price for the domain name, but I think it is within range of what might be expected. I don't know domain sales in niche much. I know decentralization is a huge trend, but is the word too general, perhaps, for some possible end uses? Not sure - just throwing that out there.

    But a nice name that I am sure will end up in meaningful end use by someone.

    Bob
     
    Last edited: Mar 29, 2020
  6. brandsly

    brandsly Top Member PRO

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    I think it's a fairly fair price...pretty good value for the buyer. I was initially interested in the name as well, but I would prefer "Decentralized" if I have a start up in the space, sounds more modern and startup-y.

    Decentralized technology
    Decentralized finance
    Decentralized internet
    Decentralized market
    etc...

    "Decentralization" sounds more like an informational site, which in my view has less potential end user value.

    Keyword trend graph below:
    Red is for "decentralized"
    Blue is for "decentralization"
    Screen Shot 2020-03-29 at 2.50.12 PM.png
     
    Last edited: Mar 29, 2020
  7. Internet.Domains

    Internet.Domains Top Contributor VIP

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    Decentralization is a new and growing trend. The trend continues to have an upward trajectory. Socially, economically and politically, we will most likely see more of this term. I feel the potential of this domain was well bought at this price.
     
  8. DomainAuctions

    DomainAuctions Restricted (Market) Blue Account

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    very much undersell probably because of the current stock and crypto market.

    No way this name could have sold low - mid 5 figures in 2017.

    Remember Crypto.com and Voice.com prices in a bull market.

    It might not take more than a few months for this scenario to change as Bitcoin approaches halving and as the bitcoin price is slowly but steadily beginning to emerge as a safe heaven investment in troubled economy as more and more people make this realization.

    Also i believe and hope this is a temporary situation, not like the financial crisis or a bubble like in 2008. It might take a bit of time but things would get back to normal eventually.


    If someone is looking for some very similar names to this at very reasonable Investor prices probably you should take a look around :)
     
    Last edited: Mar 29, 2020
  9. DomainAuctions

    DomainAuctions Restricted (Market) Blue Account

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    Probably there are good bargains to be had if you look around here :)
     
  10. BrandCollectors.com

    BrandCollectors.com Established Member

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    I don't like it.
    overpaid. max 1k
     
  11. Samer

    Samer Top Contributor VIP Blue Account

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    Hate cryptos? Asking for a friend :xf.rolleyes:

    Samer
     
    Last edited: Mar 29, 2020
  12. Ryan217

    Ryan217 Established Member

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    I wish it was only 1k I could have afforded it then...
     
  13. BrandCollectors.com

    BrandCollectors.com Established Member

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    i like cryptos I have BLOKCHEIN.COM :) and Tockens.com
     
  14. Jason Franklin

    Jason Franklin Established Member

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    Decentralization and decentralized are both good words for the blockchain and crypto space. I don't think it would be a bad thing to own either keyword followed by .com. Here is an article called "The Meaning of Decentralization" written by Vitalik Buterin (founder of Ethereum) on Medium back in 2017 about the subject. The article references the word both ways numerous times.
     
  15. brandsly

    brandsly Top Member PRO

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    I understand the meaning of the words. Just as a tech entrepreneur, I like the sound of "Decentralized" more that's all. Obviously both are very valuable names for the industry. I just personally prefer more brandable sounding names. Looks like decentralized.com is already developed.

    Consider this intro:
    "We are 'Decentralized' based in Silicon Valley"
    vs
    "We are 'Decentralization' based in Silicon Valley"

    Maybe not the best example haha, but I think "Decentralized" sounds better.
     
    Last edited: Mar 29, 2020
  16. Jason Franklin

    Jason Franklin Established Member

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    Totally valid opinion, and know my reply wasn't to debate which was the best but more less to show both can be used of equal value in different contexts. Different end users could create nice platforms with either of the domains. It would just depend on which one fit their need better.

    Also, thank you for pointing out that Decentralized.com is already developed. That looks like a pretty cool conference they are using the domain for.
     
    Last edited: Mar 29, 2020
  17. TheBuyerz

    TheBuyerz Established Member

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    Honestly I was following it aswell ... but since there was many bidders for the backorder I given up.

    The domain name means a lot in crypto space, congrats to the winner.
     
  18. Donmarick

    Donmarick Established Member

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    A final price like I thought. I will follow and check how it's going ;).
     
  19. Ryan217

    Ryan217 Established Member

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    I agreed that Decenteralized would be better as a brand name but decentralization is still makes a great .com domain with plenty of potential uses.
     
  20. Pay.My.id

    Pay.My.id Established Member

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    If we compare on semantic meaning , prefer for decentralized as opposite centralized, especially if this name for a crypto platform to blockchain start up ,
     
  21. Raymond C

    Raymond C Established Member

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    Blockchaan.com
     
  22. QuestFuture

    QuestFuture Established Member

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    The core of the blockchain is the distributed ledger. "Decentralization" is indeed very suitable for the blockchain industry.
     
  23. Sinh

    Sinh Top Contributor VIP

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    IMO, I will not choose this domain for my business brand name. The only thing you can use Decentralization.com is a re-direct. That as a main site will get spammed... because the word is too general as @Bob Hawkes said above.
     
  24. alcy

    alcy Top Contributor VIP

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    great name relevant to current techs.

    it sold for an okay price for everyone imo.

    with virus now, sale prices for any names imo shouldn't be used as guidelines... for the other more normal times... these are special times.. affecting every person and industry. doamining sales prices or industry are not somehow magically immune to virus. and are affected as well.

    this is very nice domain. it has only the length not going for it.. but there are many 2 word names etc that are long too.

    just when comes to 1word domains.. this is a bit long.

    decentralize,com is or would be a much more valuable name, for this niche.

    cheers
     
  25. Darren C

    Darren C Established Member

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    Prior sale on this domain recorded at $15,000
     

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