It is reported that the 3W.COM domain name was registered in May 2002, is a classic short domain name with a history of 20 years, in 2017 the domain name changed owners at a price of 280,000 US dollars, sensational industry market at that time, now 3W.COM again due to the transaction strong return to the public eye, the transaction price of 3 million US dollars is more than 10 times its market price 5 years ago, only from the investment perspective is also a high-quality growth stock!

According to sources, the acquirer of the 3W.COM domain name is a web 3.0 project company, which may be enabled by the terminal in the future, and the business direction is the hot and promising web 3.0 related industry projects, which means that another capital or industry boss officially entered the web 3.0, and the future development of this emerging market field is believed to be more exciting.

In recent years, cryptocurrency trading has been booming, and many countries and regions around the world have announced their intention to become an international virtual asset center and a crypto financial center, and on October 16, Hong Kong also announced its determination to compete for the status of global crypto financial center and virtual asset center, which also means that Hong Kong will further promote the development of NFT, web 3.0 and cryptocurrency markets.

In August this year, the former financial secretary of Hong Kong publicly stated that the virtual economy is very important to Hong Kong, encouraging the younger generation to actively participate in and adopt technology through Web 3.0, so it is conceivable that Web 3.0 is bound to usher in new and broader development opportunities, and as a new form of digital economy, it has long attracted many investors. According to the latest McKinsey data, in the first half of 2022, venture capital invested more than $18 billion in Web 3.0, and the total venture capital investment in 2021 was $32.4 billion.

At this time, the classic short domain name 3W.COM was acquired by a web3.0 project company at a high price. This transaction itself can be said to be of great significance. I look forward to witnessing more actions of 3W.COM in the web3.0 industry market in the near future.