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World.market domain apparently sells recently for $35,000

Labeled as sales in Domain Industry News, started by Bob Hawkes, Mar 28, 2020

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  1. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    I was just alerted on social media that the domain name world.market apparently recently sold for $35,000 on the Namecheap platform. It was apparently sold through Seattle based premium.domains. I am presuming that this is a registry sale, but do not know that for sure.

    Sales on Namecheap are not normally listed on NameBio, and the sale is not on NameBio at time of writing. If the sale were put in the NameBio database it would become the third highest sale in a new extension domain name in 2020.

    If we compare it to other .market extension sales in the past, it would tie for fifth place with a number of other names. Art.market and job.market lead the list at $50,000 each.

    The end user for world.market currently has it redirected to his profile on the gaming site Steam, and it will become an independent site in due time. No further details are available at this time.

    An exciting day for new extension domain sale announcements. As well as the $200,000 shop.app sale, NameBio also on the same day had the $2182 sale of learning.center at Dynadot, a significant sale of a nice name that was overshadowed by the huge shop.app sale.

    On NameBio, which may represent 10 to 20% of sales given the venues that report, so far in 2020 there have been 183 new extension sales accounting for just over $750,000. The average sales price is just over $4000. Here is the full list of NameBio-listed new extension domain sales in the first three months of 2020.

    If I obtain further information, I will post it here in the comments. If readers know more about the sale, please share the information in the comments.

    Bob
     
    Last edited: Mar 28, 2020
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. wwwweb

    wwwweb Top Contributor VIP ★★★★★★★★★★

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    Premium.domains is owned by Donuts

    .Market was heavily blanketed with premiums, and reserves from Day 1.

    It is a direct registry sale.
     
  3. Compassion

    Compassion Let's do business together. PRO VIP Gold Account ★★★★★★★★★★

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    Thanks for the info.

    The new extensions are becoming more commonplace, but com will always be king right?!
     
  4. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    I have updated the end use with some new information provided after the article was posted. The end user is not Steam itself, but a developer who uses that platform. Eventually it will be used for an independent site, not a redirection.

    Bob
     
  5. Grego85

    Grego85 Quality.Domains VIP

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    I believe Learning.Center could have went for even more.

    Good sales lately, I hope it continues as people may start to notice these are better quality names in many cases.
     
  6. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    I definitely agree. It is a descriptive name that you know instantly what it means.
    I think we will see more sales, including new extensions, in the education / training / mentorship area, especially terms that imply remote or distance solutions. I hope we will see an upturn in new extensions. It is promising that we have two 6-figure sales in first quarter of year.
    Bob
     
  7. Indianad

    Indianad Upgraded Member Gold Account

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    Thanks for the information. It's appreciated!:xf.smile:
     
  8. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    Great sale
     
  9. Mytz.com

    Mytz.com Upgraded Member Gold Account

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  10. Neal Grayson

    Neal Grayson Established Member

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    Thanks for the post. I was the buyer of learning.center, which was renewed yesterday by the owner. Unfortunately no sale there, but the rest are promising for ngtlds.
     
  11. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    Thanks for updating us. That is unfortunate, such a great domain name!
    I see it is listed for sale in a lander now, so presume it is held by a domain investor.
    I wish that sites would not auction domains that can still be recaptured, and that the sales would not be reported in NameBio and then can be reversed.
    It is encouraging news, even that the owner decided to renew.
    Bob
     
  12. Samer

    Samer Top Contributor VIP Blue Account

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    @Michael
     

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