The NFTs.com domain name was acquired for $15 million, according to a press release I was sent by a representative from Escrow.com. According to the release, the deal was brokered by Domainer.com and GoDaddy. The sale was facilitated by Escrow.com. This is one of the largest publicly reported domain name sale of all time. It is the second largest publicly reported sale in the past few years, following the $30 million sale of Voice.com in 2019.
The buyer and seller of NFTs.com are not publicly known at this time. The domain name is currently registered at GoDaddy under Whois privacy. The domain name has been privately registered since March of 2021. Prior to that, GDPR obscured the registrant of the domain name.
Here’s the press release I received this morning:
NFTs.com bought for $15,000,000
Domainer and GoDaddy brokerage team finalizes purchase of NFTs.com, facilitated by Escrow.comSAN FRANCISCO, California – 3 August 2022 – Escrow.com, the world’s largest online escrow provider, and Domainer.com, specialists in premium domain brokerage and acquisition, today announced the purchase of the domain name NFTs.com for 15,000,000 USD. The deal was brokered for an undisclosed buyer by the experienced teams at Domainer and GoDaddy.com, whilst being facilitated by Escrow.com.
Although no formal plans have been publicly announced regarding a project at NFTs.com, Domainer can report that the buyer has associations with other web3 projects, such as DigitalArtists.com, which offers a curated web3 service to artists.
Lead broker on the deal, Matt Holden (formally working at GoDaddy, now part of the Domainer.com team), says: “It was a pleasure to work with all parties involved with NFTS.com, an incredible opportunity for the buyer to acquire a category killer domain and one of, if not the best, possible .com’s in the entire web3 space”.
NFTs.com is a phenomenal asset, considering how NFTs are revolutionizing digital asset ownership, laying the foundation of the metaverse economy, play-to-earn games, and more.
The $15m price tag makes the purchase the 2nd highest published sale on NameBio.com and is, impressively, more than 7 times the highest published crypto oriented .com sale, which was Eth.com at $2m USD back in 2017.
Ian Garner, Director at Domainer.com, added: “The recent purchase of NFTS.com is an acquisition all brokerage platforms would love to be involved in. It has truly been a privilege to have played our part in the deal and to continue to represent a very happy buyer.”
Jackson Elsegood, General Manager at Escrow.com, said: “The recent acquisition of NFTS.com is one of the largest web3-related transactions we’ve seen on the platform.”
Used for secure transactions from $100 to $100million and more, Escrow.com is a secure online escrow service that acts as a neutral, third party that holds a buyer’s funds in trust until all parties are satisfied with the deal.
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About Escrow.com
Winner of the BBB Torch Award for Ethics for Silicon Valley, San Francisco and the Bay Area, Escrow.com is the world’s largest online escrow provider. Founded in 1999 by Fidelity National Financial, today over US$5 billion in transactions have been secured from over 2 million customers. The company is now a division of Freelancer Limited (ASX:FLN, OTCQX: FLNCF). Escrow.com’s headquarter is in San Francisco, California, the United States.About Domainer.com
The partnership between a domain investor and a domain broker, Domainer.com offers premium domain name acquisition, or “buyer’s brokerage”. The specialists at Domainer.com have over 12 years experience in sourcing and acquiring premium names for clients. The brokerage presence is based in North West England but the business has staff all over Europe.
Wow, that is a huge way for Domainer.com break onto the scene. I had not heard of them, but will remember them now. Plus they have an amazing domain for their business.
Just wow !!!
NFT.com is going to worth more now
The press release is a bit confusing. When they said “Matt Holden (formally working at GoDaddy, now part of the Domainer.com team), did they mean “FORMERLY working at GoDaddy” (and now working at Domainer.com a separate entity)?
Otherwise, they make it sound like Domainer.com is part of GoDaddy, through the term “formally”. (and I’d expect to see a GoDaddy branding message somewhere on their site, just like what happened to Dan.com after GoDaddy acquired them)
I don’t know any previous sale prices, but here’s an Archive.org entry with a low five figure asking price from December of 2018: https://web.archive.org/web/20181221162255/http://nfts.com/
Great public sale to start August 2022.
The global recession isn’t stopping dot-Com until proven otherwise.
<NFTs(.)com is a $15M reminder of the value of short, meaningful dot-Com to the right buyer.
Wellsaid JR
Always good to reevaluate your prices and go all in with your guts.
Godaddys commission is more than the price nft .Com sold by AR .
NFTs.com….most will type in as nft.com
Nfts.com or NFTS.com ….do not look good as compare to nft or NFT
And nfts does not pass the radio test
I agree with BullS. Most will type “nft”.
Also, if I hear “NFT” I immediately think of Non-Fungible Token, both singular and plural … no “s” needed.
But if I hear “NFTS”, to me, it does not bring to mind Non-Fungible Token/Tokens.
I agree also. Although if you are already into NFTs (I am in that business), NFTs.com still sounds like an big authority site, even though NFT.com is better.
When I hear NFT, I immediately think of Non F**&^ing Things
According to the seller this was sold for a “Combination of crypto coins such as Safemoon, Cumrocket, BTC and some cash.” (See DomainNameWire). Also known as.. shitcoins. I personally don’t consider it a legitimate sale. In the press release, none of it was mentioned. It sounded like a US$ 15M deal. This isn’t it.
https://coinmarketcap.com/currencies/safemoon/
https://coinmarketcap.com/currencies/cumrocket/
What do you mean “according to the seller?” Who is the seller and where did the seller state that?
https://domainnamewire.com/2022/08/03/nfts-com-domain-sells-for-whopping-15-million/
I asked the rep from Escrow.com “Can you confirm this was an all cash deal? Can you also confirm it did not involve cryptocurrency payments or a payment plan?”
Hopefully they will give an answer.
I went by the comment section on that and I quoted it as well here. Let’s see what Escrow rep says.
Broker has clarified that this was a cash deal https://jamesnames.com/2022/08/nfts-com-extra-details-of-the-15-million-sale-buyer-and-payment/#comment-2982
“undisclosed buyer” of course because it’s used for money laundering lmao
ok, great to see it was all cash deal…..love to see these big sales, as it’s good for the industry
Most probably once again a fake sale allowing viral communication for all the parties involved, a great linkbaiting operation and a decupled perceived value for the domain.
How sad that the US market, once a world leader, has been stuck in bullshit communication, bad practices and constant decline.
DigitalArt.com has been listed for sale as well. Probably the next 7-8 figure sale.