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new gTLD Single letter .win sells for $22,500

NameSilo
Impact
29,409
The single letter T with the .win extension sold on Sedo for $22,500 on April 5, 2019. The previous high price in the extension was $2000 and most have been $200 and less. I suspect the registry are releasing some single letter reserved to generate some revenue, but I have no direct evidence who the seller was.

https://namebio.com/t.win

It is the 4th highest new gTLD sale of 2019 so far, and the 20th highest in the past 12 months.

The domain name is already being used to redirect to the existing twin.com site (an online casino from what I can tell).

Bob
 
Impact
29,409
I just had a look at the single letter sales on NameBio - there have been 450 and this is in 38th place (list here).

If I look just at the letter T, there have been 18 sales an this is the third highest. (list here)

I think the seller got a good price considering the weakness of .win in general in sales and real world use. Of course seen as a hack for word twin, as the apparent buyer use, adds to value.

The buyer already have a good domain name (twin.com). A little surprised that they saw the value in adding a single letter to redirect. But in some markets there may be advantages. They also have a backup in the chance ever issues with the .com since officially it is under US control. Just speculating on why they might spend 5 figures when they have a great .com already.

About 42% of .win registrations are in China and another 30% in Spain.

When I check out registry premium prices on some existing single letter domain names in .win they are $100,000 so clearly it sold for less than that. However, if correct, it shows as just about $20 per year renewal.

Perhaps this is not a registry sale, as on DT it shows as over 900 days old, whereas the other single letters do not have a registration record.

Bob
 
Impact
29,409
They probably were just looking for vanity or social media hack like youtu.be ti.me tim.es and others have.
Possibly you missed my second post in which I pointed out that the name is already in use and redirects to the online casino operating on twin.com. It is clever in that T and win works great for a gaming site, and they have managed to not change their existing name so go to one letter with a minimum of confusion. Will be interesting to see if the plan is simply redirection, or promote it under the T+win brand. Or maybe you did see who the end user was, and are saying they will only use it in social media, which I agree is entirely possible.
Bob
 
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Impact
29,409
I just checked all of the single letter .win and the only one (other than T) that resolves to an operating website for me is K that goes to a West based for sale by owner Chinese website.

Of the single numerals, 5, 6 and 8 go to for sale pages, while the others do not resolve

Bob
 
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