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.
Because of a plugin issue, the site had to be restored to a version from earlier this morning. As a result, the comments that were submitted are no longer here. I invite you to re-share your commentary.
Works for me, Elliot. 🙂
Unfortunately it had to be restored twice so comments were wiped twice.
And now, what a perfect time to deliver this message to the likes of Estibot and all entities that cause so much harm while purporting to “appraise” domain names: 😉
Somebody should demand a refund on behalf of the buyer today:
https://imgur.com/gallery/rLHELHg
a movie called crypto will open sometime next year 2019…(USA)
Looks like it’s still filming. Someone should suggest they fit the quest for the domain and the Estibot “appraisal” into the plot line.
Matt Blaze commented about the sale, and it looks like I was wrong about the ownership stake: https://domaininvesting.com/matt-blaze-comments-about-crytpo-com-sale/