The .com revolution began in March 1985 when an American company registered www.symbolics.com. Since then, internet domain names have developed into a multi-million dollar industry, with companies and individuals willing to pay very high prices for in-demand domain names.
\r\n2017 has seen demand for Blockchain technology and cryptocurrency related domains increase, as companies who wish to develop new technology, operate exchanges, and market themselves, battle to secure a domain which is short and memorable.
\r\nThe Ethereum Name Service which auctions off decentralised domain names which end in .ETH, has made millions of dollars in sales since it began operations, as businesses and investors buy up names for their new websites.
\r\nJason Cassidy, the President of Blockchain TV, recently offered a portfolio of over 500 Blockchain related domain names for sale. The price tag attached to this product was a cool $6 million. If the sale is completed, it will represent one of the biggest sales in history.
\r\nWith Bitcoin breaking through to the mainstream thanks to the massive gains it has made this year, and with other cryptocurrencies also beginning to take off, it is likely that the interest in cryptocurrency domain names will increase in 2018.
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