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World Domain Name Sells For $15 Million

In a shocking move that proves how popular the NFT space is, the domain name has sold for $15 million. The acquisition may be the largest public domain name sale this season. Moreover, the sale of the domain is currently the second-largest public domain deal ever., the domain specialists and GoDaddy played an essential role in getting this deal done. provided their escrow services and in addition confirmed the transaction.

The new landing page
The domain was sold for $15 million domain $15 million sale!

The sale of the domain is really a massive win for the crypto world. Apart from the 2019 purchase of for $30 million, no other domain sale has come close within the last a decade.

Jackson Elsegood, General Manager at, said, The recent acquisition of is among the largest web3-related transactions weve seen on the platform.

Remarkably, the sale was to a blockchain company. Now, both biggest domain acquisitions within the last a decade have ties to crypto. Interestingly, is technically probably the most expensive public domain name purchase ever. There were others, but we were holding already huge web businesses having an established domain.

The continuing future of domain

Both parties in the domain sale are anonymous, therefore the plans for the web site remain unknown. However, the web site now includes a type of text on the website landing page that reads Powered by Marketplace. It is a web3 art platform that provides curated NFT drops and services to artists.

Lead broker on the offer, Matt Holden, said, It had been a pleasure to utilize all parties associated with, an unbelievable opportunity for the customer to get a category killer domain and something of, or even the very best, possible .coms in the complete web3 space.

Due to the links to web3 and the name of the domain, it’ll likely become an NFT marketplace or perhaps a hub that provides NFT services.

Why are Names of domain so important?

Taking into consideration the rise of NFTs within the last couple of years, the domain offers enormous potential and is a superb asset. NFTs certainly are a pivotal section of the web3 ecosystem, changing how exactly we view digital asset ownership, supporting the metaverse economy, the P2E gaming industry plus much more. Domain image www.
Names of domain could make or break a small business as they help guide website traffic to your website.

The rise of blockchain domains

During the past year, blockchain domains have grown to be ever more popular. Last month, Unstoppable Domains, the web3 digital identity platform, raised $65 million in Series A funding. Furthermore, it now includes a valuation of $1 billion, giving it a unicorn status.

Unlike the sale, Unstoppable Domains sell domains ending in .crypto, .nft, .bitcoin along with other web3 phrases. Blockchain domains are unique for the reason that they provide a decentralized alternative. Significantly, these domains arent continued a server like traditional domains. Instead, they’re on a public registry.

This innovative technology offers new degrees of security, and the domains are represented by an NFT. Furthermore, when you have the domain, it really is yours forever!

There were some huge sales of blockchain domains, and in the foreseeable future, traditional domain sales just like the sale will need place through NFT technology.

All investment/financial opinions expressed by aren’t recommendations.

This short article is educational material.

As always, make your personal research before making any type of investment.

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