One heck of a Handshake domain flip – $1,700 to $35,000 in less than 6 months

Yesterday on Twitter Soren von Varchmin, serial entrepreneur and Chairman of the Board at Cloudfest announced a pretty awesome Handshake domain flip. Soren had purchased the two character Handshake domain name OH/ for $1,700 on December 22nd, and yesterday he sold it for $35,000.

Here’s the tweet of the announcement:

Handshake domain flip

It’s no secret that both Handshake domain names and $HNS itself has seen incredible growth over the last year with rocket-level metrics over the last six months.

As someone that has been dipping his toes in the Handshake waters I can tell you Soren got a pretty stellar deal on OH/ back in December. I think you’d have a pretty hard time finding a two-character Handshake domain for under $10k today.

Soren clarified in a follow-up to his tweet that the domain name sold through the NameBase marketplace which is no surprise since this is where most of the action is happening in the Handshake world these days.

Congrats to Soren and to the new owner of OH/, great flip and a great name!

{ 3 comments… add one }

  • Garry April 11, 2021, 7:11 am

    What’s the back slash? OH/? Is that a feature of the handshake protocol or am
    I musing something!

    Thanks!

    Reply
  • Morgan April 11, 2021, 7:14 am

    Hi Garry, correct – that’s how Handshake domains are written!

    Reply
  • Jeff April 11, 2021, 3:45 pm

    Hi Morgan,

    What is your opinion about decentralized domain candidates ? (Handshake, ENS Domains, Unstoppable Domains, others…) I think we are clearly seeing something big happening here. Decentralization makes perfect sense for fast, safe, secure and private DNS resolution and it could be a beautiful way out of the ICANN/Registries/Registrars omnipotence. So, I guess it would be better for domainers to be in than out, but at a first glance, I really can’t make my mind on which decentralized solution appears to be the most promising. Any thoughts/preferences ?

    Thanks and Best Regards.

    Jeff

    Reply

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