Blockchain-related companies buy .xyz domains on the secondary market.
One of the most exciting investment stories in the field this year is that of Swetha Yenugula. She’s invested hundreds of thousands of dollars building a .xyz portfolio of nearly 20,000 names, and this year she has achieved record results with her portfolio.
As she turns heads with names like quest.xyz for $ 70,000 and flip.xyz for $ 28,000, I looked at her recent high-value sales to see if there was a trend. Indeed, it appears that blockchain companies are showing an interest in .xyz domain names.
I reviewed the last 30 sales Swetha revealed on Twitter. 10 of them are already developed, and 6 of them are blockchain related companies.
These six domain names are used by companies in DeFi, NFT, crypto-currencies and other areas of the blockchain: flip.xyz, talisman.xyz, Highlight.xyz, decent.xyz, agora.xyz and demeter.xyz .
Two of the domains, scott.xyz and kenji.xyz, are personal sites.
Continuum.xyz is a site that helps creators in their freelance career and maxim.xyz forwards them to a virtual reality site on a .one domain.
Blockchain companies seem to be more willing to use non-.com domains than traditional businesses. They also have plenty of cash right now, so dropping five digits on a .xyz domain isn’t a big deal for them.
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