3W.COM sold for 3 million dollars, and good domain name becames a stepping stone in the field of Web3


Posted November 8, 2022 by charlie678

A huge return is expected to hedge the concern of high risk. Web3 has indeed brought a new story and attracted VC firms, including traditional giants and emerging institutions, to enter the market crazily.

 
With only the last two months left in 2022, the venture capital circle, which is always keen on pursuing all possibilities, seems more eager for new stories than ever before. This year, "difficult to raise funds", "high threshold", "break" and other key words have repeatedly become the industry, and web3, which has been dormant for a long time, became the next star of hope in the eyes of the venture capital circle at such a time.

A huge return is expected to hedge the concern of high risk. Web3 has indeed brought a new story and attracted VC firms, including traditional giants and emerging institutions, to enter the market crazily.

According to public information, as of July 2022, there are nearly 900 cryptocurrency funds in more than 80 countries around the world; According to Crypto Fund Research, the global crypto fund has a total size of 69.2 billion US dollars and is still developing rapidly. In the first half of 2022 alone, there will be 107 new investment funds related to Web3, with a total amount of US $39.9 billion.

The ways in which major institutional investors participate in Web3 are also different. In fact, Web3 has not formed a fixed investment logic at present, and most major institutions make subject choices based on track understanding and insider information. For investors with "industry attribute", there seems to be a more specific "stepping stone" to enter web3, that is, first of all, to have a good domain name that conforms to web3 temperament.

As one of the most valuable digital assets in the Internet world, domain names have become an important target in the investment market in recent years. In particular, those high-quality domain names whose byte definitions are highly compatible with the web3 industry have become valuable resources in the industry.

The market news shows that the transaction price of the w3.com domain name has reached $5 million, the market price of the premium domain name web3.com has reached $10 million, and the market price of the classic domain name www.com is also above $10 million, which shows that the domain name investment market is booming.

Recently, an insider in the industry revealed that the short domain name 3W.COM also completed the transaction last month and changed the ownership. The domain name sold for a high price of 3 million dollars, which is a rare large sum transaction in the domain name transfer market recently.

It was also revealed that the buyer of the acquisition of the domain name 3W.COM is a web3 project company. It is expected that the domain name will be enabled by the terminal engaged in the web3 project in the future. 3W has rich meanings, and effective definitions such as "WWW, 3Web" also match the web3 field, which also shows that for the buyers behind 3W.COM, a good domain name is indeed a good attempt to open the door of web3. I'm looking forward to 3W.COM's new story in the future.
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Last Updated November 8, 2022