According to a report on TechCrunch, the “Highly-prized domain name Crypto.com has been sold!” As you may recall, there was an article in The Verge back in March discussing how Matt Blaze, the owner of the domain name, received many offers to buy Crypto.com but was not interested in selling the domain name. Apparently something changed, and the domain name was acquired by a crypto company called Monaco.
At the time The Verge article was published, I asked readers what they think Crypto.com is worth. Over 1/3 of those who voted thought the domain name was worth $10 Million +. Well over 50% thought the domain name was worth at least $5 million.
Although the price was not shared in the TechCrunch article or shared elsewhere from what I can see, my guess is that it involved more than a cash payment to buy the domain name. “If it was only about money he’d have sold it a long time ago,” Monaco CEO Kris Marszalek told TechCrunch. I would not be surprised if the former owner of Crypto.com received some sort of ownership stake in the company that acquired his domain name.
It looks like Crypto.com is already being used by the buyer. Prior to the acquisition, Monaco used Mona.CO for its website. This domain name now forwards to its MCO white paper, which can be found at MCO.Crypto.com.
Crypto.com is an exceptional domain name for the crypto space, and the deal seems to have made both parties happy.
7/9 Update: Cheddar reported the sale price at $12 million, although this is unconfirmed as far as I am aware.”
Thanks to Alan Dunn for sharing this news with me.