Kevin O’Leary Comments About 7 Figure NFT.com

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Kevin O’Leary is an investor who is best known for being a “Shark” on ABC’s Shark Tank television show. One of his investments is in a company called Immutable Holdings, Inc., a holding company with various blockchain-based investments. One of the company’s investments is NFT.com, a domain name that is currently under development.

In a press release announcing that Immutable Holdings was listed on the NEO Stock Exchange, Kevin O’Leary commented on the NFT.com domain name:

“I invested in Immutable Holdings to get a diverse portfolio of blockchain opportunities, including NFT.com, one of the most important and valuable domain names in crypto assets,” said O’Leary. “NFT.com is where the puck is going. The opportunity to build profiles in the NFT space with such a powerful and important domain name is why what Immutable Holdings is doing is so valuable.”

I think the comment is worth highlighting because NFT.com is not even a developed asset at this point. NFT.com is an empty vessel domain name that is positioned to become a leader in the space simply because it is NFT.com.

According to the press release, NFT.com will be “the go-to platform for entering the non-fungible token (NFT) ecosystem offering products and services to make these multimedia digital assets more accessible to the public and provide artists, creators, investors and fans with resources and opportunities to grow their portfolio.”

When I first highlighted the quote on Twitter, Andrew Rosener commented about selling the NFT.com asset:

I have since learned the domain name was sold for seven figures, although the exact amount of the sale is not being disclosed.

About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.

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14 COMMENTS

  1. They went public with $100m in assets they claim so likely put a $80m value on it in public market. Was the seller Andrew R or was he the broker as the article says he was the seller? Either way, great sell, will push domain valuations even higher and crypto investors see the value of URLs.. With NFTChain.com selling at $88k last week also, the RealtyDAO “Chain” portfolio of over 500 of the worlds best chain domains onchain jumped 10% in valuation. Domains are hot, time to take them to the next phase with new tech stacks, business models and leveraging crypto to compliment the value of URLs.

  2. So the likely scenario is that he purchased the domain from the previous owner and then resold it for $2mm?

    Or he may have been holding it as an intermediary for the owner as he brokered it on their behalf?

    So when he tweets that he “sold” it, the first thing one might think is that he lined up a buyer on behalf of the owner of the domain and brokered the sale for them. Because the industry knows Andrew Rosener primarily as a broker.

    But he was the registrant of the domain according to the Whois record, as you noted.

    So, he wheels and deals for himself as a domainer as well, in addition to his brokerage business? Must be hard to keep the two separate?

    • I don’t know what happened, but I do know his company has owned some exceptional domain names in addition to his brokerage business. For instance, I believe his company owned Zoom.com and owns Clear.com.

      • Andrew acquires super domains by following trends, data – quite a skill

        I believe he also acquired metaverse.io and flipped it for an amazing ROI

        well deserved as i remember how he worked his tail off setting up shop in panama circa 2008 or 2009

    • It’s not that hard to understand or separate: Andrew has a company that owns and operates a portfolio of domain names just like all domain investors do AND he has a company that provides professional services to buyers and sellers serving as a broker between the two parties. This is the exact same arrangement as GoDaddy: NameFind for owned and operated portfolio AND GoDaddy Brokerage for professional services. Same with Uniregistry before the sale to GoDaddy, etc.

  3. SHORT NFT domains as in NFT__(key word).com will skyrocket

    NFT is taking crypto/blockchain/metaverse to next level

    i still have about 8, but like an idiot, i sold 3 for low xxxxx each — i repeat again – i’m an idiot

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