Opensea.com is in the upcoming Great Domains auction at Sedo (will it sell?)

[equity78]

The latest Great Domains auction starts at Sedo today and there are some heavyweight names on the list. PrivateEquity.com, VentureCapital.com and Soft.com to name a few. One of the names on there is OpenSea.com, Opensea.io is home to the large NFT marketplace that has been in the news all year for many reasons. OpenSea logged […]

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[Kingslayer]

OpenSea is registered in 424 extensions per DotDB.com

Yeah that puts it as the 155th most registered domain on the web.

But there are only 1,262 opensea+word domains around, which is quite low for the 155th most registered domain, so i think we can see why it's taken in 424 extensions in the same way Amazon/Spotify/Prime/Yahoo/Whatsapp are all top20.

It's a domain with huge amounts of potential if it sells to 1 buyer, if they aren't interested i think it could be a struggle.

The key for the owner distancing themselves well away from what the .io company are doing, put something totally different on there and let the .io come to them and they should do if they plan on sticking around and plan to continue to be a leader in NFT's because it will be a struggle being a leader on a .io if/when NFT's become more mainstream and the big boys get involved.

As there's a 500,000 - 999,999 USD reserve on this, i think it will go for that range if it does sell and we all know who the buyer will be if it does sell. For it to go any higher (millions) there as to be competition for the domain and i can't see competition for this one personally, but then again i could be wrong, with cryptocurrencies nowadays some people have money to burn and many people who use the .io and have a connection to the 'Open Sea' name and may have made lots of money on that site so you never know.

 

[Sheogorath]

If you buy this domain you are basically making a play to sell it to one specific end user, who is likely aware of the auction anyway.

The term is not nearly as valuable for any other use really. Outside that it is just a quality two word brand .com.

If you use the traffic or domain for TM related things you are likely going to run into issues very quickly.

Brad

Thanks, I don't plan to buy it.

I can imagine there are quite a few end users out there for this specific name.
For example, Open Sea may be a strong brand for a maritime company.
But yeah, it could be Domainers who seek to resell it for 2X-5X the purchase price too.

 

[bmugford]

Thanks, I don't plan to buy it.

I can imagine there are quite a few end users out there for this specific name.
For example, Open Sea may be a strong brand for a maritime company.
But yeah, it could be Domainers who seek to resell it for 2X-5X the purchase price too.

True, but it is really hard to see some random company being able to justify paying a high enough price to outbid a company with billions in revenue.

Take away the one specific buyer, and this is just a good brand, not something worth a massive amount.

It is basically a very expensive, risky, lottery ticket IMO.

I am sure the company is well aware of this auction. It will probably just be bidders trying to run them up.

Brad

 

[equity78]

As there's a 500,000 - 999,999 USD reserve on this, i think it will go for that range if it does sell and we all know who the buyer will be if it does sell. For it to go any higher (millions) there as to be competition for the domain and i can't see competition for this one personally, but then again i could be wrong, with cryptocurrencies nowadays some people have money to burn and many people who use the .io and have a connection to the 'Open Sea' name and may have made lots of money on that site so you never know.

Spot on analysis.

 

[Rinat]

I'm sure OpenSea.io will buy OpenSea.com. Otherwise, competitors like Rarible.com can buy it and redirect traffic to their website.
It is important for OpenSea.io to acquire this domain to keep them growing.

 

[abstractdomainer]

It definitely is gonna sell. Only if the right buyers know that it is on offer.

 

[oskaaay]

anyone that is really aware of what NFT has been, is and would become knows that the owner of OpenSea.com is seating on a goldmine just because the first-ever and largest NFT marketplace is OpenSea.io

Finger crossed... It already has $95,000 highest bid now

my forecast is at least $1M-$10million sale rate because OpenSea.io handles $Billions monthly in transactions​

 

[MustaAras]

1 day left and reserve price didn't meet yet. NGMI

 

[PatrickV]

Fake bidding may be to higher the price of the domain ... they hype the domain ... No TM issues? GLTA!

 

[Gro]

There are about 11 opensea domains listed on SEDO
https://sedo.com/search/?keyword=opensea&kws=left&len_max=7

It will be funny if somebody buys opensea.ooo .

 

[PatrickV]

Bidding war probably at end of auction ... Just curious ... GLTA!

 

[Jason Baudendistel]

I think the most likely buyer is Open Sea I could see 150 -250k

 

[Jason Baudendistel]

I just realized the reserve , that feels a bit like extortion since we know who the primary buyer is

 

[PatrickV]

What is happening with the domain www.opensea.com?

 

[inforg]

Bill Gates is getting into Seasteading. It is a longshot, but that would be the only other entity that I could see bidding if he wanted it. It would be a nice domain for that purpose and potentially generate some additional buzz around those projects, instant traffic and no TM issues. Again, longshot. I don't think this sells for much.

 

[chenzen]

Someone on Twitter pointed out that it's pending transfer.