When you have to explain it like that, its not good. It is different if you have a domain such as "foodasap.com", or "shoesetc.com"...those types of domains don't need much explanation, with their shortened meanings (As Soon As Possible / Et Cetera)...we know them, and it clicks
Inter Planetary File System Content-Identifier (IPFS CID)
Non-fungible Token Content-Identifier (NFT CID)
...your idea is clever, but it doesn't automatically "click" to outsiders, without the explanation. And even with the explanation, they're a mouthful, leaving me with the impression of "eh" in my brain
Just bad, little value. A reg fee if you're lucky, sorry