NameSilo

Influx of cryptocurrencies pushes domain name prices to spike

Labeled as domains in Domain Industry News, started by Lox, Jun 17, 2021

Replies:
3
Views:
310

  1. Lox

    Lox _____ VIP

    Posts:
    3,575
    Likes Received:
    6,158
    At the end of 1985, there were six domain names registered in the world – by the end of the first quarter of 2021, there were 363.5 million registrations across all top-level domains.

    Up until 1995 domain names were free, it then went on to cost $100 for a two-year registration.

    Now, a domain name can cost millions. Premium domain names are more expensive because of what they bring to a website – if a brand’s website has a relevant domain name, users are more likely to find them when searching for something specific.

    Hosting.co.uk has conducted research to uncover the 10 most expensive domain names from the past five years to see if the price has increased, and if so, what industries have caused the surge.

    According to the findings shared with Finbold.com, in 2016 the most expensive domain name, hg.com, sold for £2.66 million ($3.75 million). In the last five years, the cost of the most expensive domain name has increased by 697%.

    The last half a decade has seen an uptick in cryptocurrency companies’ involvement in domain names, which is potentially why the prices have increased so rapidly. The most expensive domain name of the past five years, Voice.com, is also the most expensive of all time. It sold for £21.2 million ($30 million) to Block.one – the company behind EOS.IO, a blockchain powered by the cryptocurrency EOS.

    read more (finbold)
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. redemo

    redemo Established Member

    Posts:
    707
    Likes Received:
    1,324
    What were they? Cheers.
     
  3. Lox

    Lox _____ VIP

    Posts:
    3,575
    Likes Received:
    6,158

    —- 1 .net —- #1
    nordu.net (01/01/1985)
    —— 6 .com —-
    symbolics.com
    bbn.com
    think.com
    mcc.com
    dec.com
    northrop.com
     
  4. Samer

    Samer Top Contributor VIP

    Posts:
    10,812
    Likes Received:
    20,997
    Symbolics.com is a great internet museum.
     
    Last edited: Jun 21, 2021

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
NameWorth
  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...