How important is a good domain name to business development? Web3 investors spend a lot of money to buy 3W.COM


Posted November 4, 2022 by charlie678

As a mapping of the unique location identifier of information data in the Internet world, domain name is becoming a hot investment target.

 
Because of its irreplaceable nature, good domain names, like high-quality digital assets with huge value growth space, have long been collected by discerning domain name investors, either for sale or for collection.
The global domain name investment market has also frequently seen sky high transactions. The news that top-level domain names have been acquired by large enterprises has been reported from time to time, and the market has continued to heat up.

A domain name that is easy to remember and conforms to the brand tonality can often make twice the result with half the effort in establishing an enterprise's image and promoting its brand. A good domain name can make customers remember the company's domain name (access address) at a glance, and can be easily found later. Therefore, a short and easy to remember domain name corresponding to the company's corporate brand is particularly valuable.

Many internationally renowned large enterprises attach great importance to the adoption and protection of domain names. For example, before the name change, Facebook has successively invested heavily in buying FB.com domain names and facebook. com domain names. Last year, Facebook announced that it was renamed Meta, and at the same time, it launched a new brand domain name Meta.com.

In the past two years, with the maturity of cryptocurrency technology and the popularity of cryptocurrency trading market, more and more companies have participated in the cryptocurrency and web3 fields. As an important part of corporate brands and intellectual property rights, domain names have also received the attention of many cryptocurrency companies and investors in the web3 project field.

Just last month, according to the domain name investment industry, another top-level domain name 3W COM was acquired by an anonymous buyer at a price of 3 million dollars, and disclosed that the buyer intended to develop in the web3 field in the future, so 3W The COM domain name will probably be enabled by the terminal involved in the web3 project.

3W has the meaning of "WWW, 3Web" and so on, which is very suitable for the web3 industry market. The acquisition of the 3W.COM domain name this time is likely to be the first shot of the back buyer in the web3 field.
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Last Updated November 4, 2022