While Bitcoin has dominated the cryptocurrency world for some time now, Ethereum is picking up steam and is quickly becoming a real force. There an alliance (called the Enterprise Ethereum Alliance) dedicated specifically to making Ethereum better suited for business applications and big banks are already starting to using Ethereum:
Several banks have already adapted Ethereum to develop and test blockchain trading applications. Alex Batlin, global blockchain lead at BNY Mellon, one of the companies on the EEA board, said over the past few years banks and other enterprises have increased collaboration with the Ethereum development community, facilitating the creation of the EEA. (Source – ZeroHedge)
So with a huge amount of support from big companies, tons of consumer interest, and what looks like an amazing growth path ahead, it’s no surprise that Ethereum domains are on fire right now. Last month ETH.com sold for $2M and now Ethereum.com is up for sale on the popular domain name marketplace Uniregistry.
Ron Jackson from DNJournal was quoted in a Bloomberg article about the strong interest cryptocurrency domains are seeing right now:
“The unfettered euphoria I see around bitcoin/cryptocurrency/blockchain reminds me a lot of the atmosphere I saw in the period preceding the dotcom bust around 2001,” said Ron Jackson, editor and publisher of Domain Name Journal. “However, dotcoms came back and had bigger years than ever in the mid 2000s, so even a bursting bubble isn’t necessarily a final death knell for a given asset.” (Source – Bloomberg)
While $10M might seem like a lot for a domain name, there’s only one Ethereum.com and given that Ethereum is poised to be the next big cryptocurrency, this could make the domain one of the most valuable .COMs on the planet.
What do you think, is $10M the right price for Ethereum.com?