James Jean reported that he sold the Open.Network domain name for $100,000. He shared the he was the original registrant of the domain name, and he held it for ten years before selling:
SOLD https://t.co/zG3RjyzXfs $100,000
Congratulations to the buyer. 10 years as original owner of this asset. Domains are the original digital asset class- outperforming.
Details:
Negotiations- Private
Lander- @eftycom Custom Form
Escrow- @Undeveloped Imported Lead… pic.twitter.com/ShnZsyWmDH— James (@JamesJean) June 3, 2024
Based on the screenshot James shared, it appears the domain name was sold via Dan.com using its lead import tool, which charges a 5% commission. James mentioned that he had used an Efty landing page.
The domain name transferred from Dynadot to Porkbun, where it is registered under Whois privacy. The domain name does not yet resolve either, making it unclear who acquired the domain name.
According to NameBio, this is the largest publicly reported .Network domain name sale indexed and the first six figure .Network sale. It ranks above the ~$20k sale of Omni.Network and $18k sale of Carbon.Network.
Nice, He also owns the opennetwork.com so curious why or if he tried to package them both, keep the other .com quite or just sit and gather the traffic and positioning he has with opennetwork.com. Thats the juicy part want to learn about this story as will/did/does the buyer realize he has the .com asset ?
Maybe its TON aka The Open Network? Could even add a 3rd level domain to set it up as the.open.network