Another capital entry into Web3! Acquired the 3W.COM domain name for US$3 million


Posted November 1, 2022 by charlie678

In the past two years, with the rapid development of the Internet industry and the deepening of the digital economy, a number of new technical buzzwords have emerged in the technology circle.

 
Throughout the world, many well-known venture capital firms such as A16z, Coinbase Ventures, Pantera Capital, Paradigm Capital and Sequoia Capital are competing to invest in the field of Web3, and many funds focusing on investing in Web3 have been established one after another, directly driving Web3 Enthusiasm for Global Capital. According to incomplete statistics, in the first half of 2022, at least 15 venture capital institutions around the world have launched Web3 special funds, with a scale of over US$4 billion.

Recently, another capital announced its entry into Web3, and spent 3 million US dollars to acquire the superb short domain name 3W.COM. It is reported that after the change of ownership, 3W.COM will be engaged in projects related to the Web3 industry which indicates that the acquirer of the 3W.COM domain name intends to enter the Web3 field on a large scale, compete with global capital, and seize opportunities in the Web3 industry.

According to public information, the 3W.COM domain name was registered in 2002 and is a classic short domain name with a history of 20 years. In 2017, it was traded at a price of 280000 US dollars, causing widespread concern in the domain name investment market. This time, 3W.COM changed hands again, and the transaction price of 3 million dollars refreshed its own transaction record, which is the star target of the recent domain name trading market.
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Last Updated November 1, 2022