NFTS.com Becomes One Of The Most Expensive Domain Names With $15M

The NFTS.com, Web 2 domain was sold for a reported $15 million making it one of the most expensive domain name sales in history.

NFTS.com is on sale for $15M

According to DomainInvest, the deal was brokered by Domainer and GoDaddy for an undisclosed buyer, while Escrow.com facilitated the sale. Jackson Elsegood, General Manager of Escrow.com, said it was one of the largest Web3-related transactions he had ever seen his platform.

The deal was completed on August 3, making it the largest publicly reported domain sale in the past few years, after the Voice.com domain name in 2019 for $30 million. It is also the most expensive crypto-related domain in history, surpassing Eth.com, which was purchased for $2 million in 2017.

In the context when the field of Web3 domain names is “hot” again, especially ENS alphanumeric domains. Although there have been no sales commensurate with the “vertigo” value of Web2 domains, ENS domains are often sold for tens of thousands of dollars.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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