Will Cryptocurrency New gTLD Domain Names be Valuable? | DomainInvesting.com
Payoneer Escrow

Will Cryptocurrency New gTLD Domain Names be Valuable?

16

It seems that many new gTLD registries would like a second round of new gTLD applications. ICANN has not said when (or if) it will happen. It seems that there will be subsequent application rounds, but it is anybody’s guess when that will occur.

One of the biggest trends in domain names right now is cryptocurrency related domain names. I am not involved in that space, but there has been quite a bit of investment made there. Bloomberg covered the crypto domain trend, and anyone who has been on NamePros and monitors auctions and sales reports has noticed that cryptocurrency domain names have been selling regularly.

If companies could apply for new gTLD extensions now, I think cryptocurrency domain names would be very popular. Some of the extensions I can imagine would have applicants:

  • .Coin
  • .Bitcoin
  • .Crypto
  • .Etherium
  • .ICO
  • .BTC
  • .BCC
  • .Token
  • .Wallet

From a domain investor’s point of view, do you think the actual domain names will be valuable? It seems pretty clear that some of the new gTLD registries have been doing well despite the reseller aftermarket producing relatively few sales. I am curious if you think there would be a stronger aftermarket for domain names like Bit.Coin or Coin.Wallet for example.

One big risk with these types of domain names is the application process could take a long time. Essentially, a company could apply for an extension and it could take a couple of years (give or take) for the domain names to become available for sale. Things can change tremendously over time and the cryptocurrency market may look much different in the future – even nearterm.

What are your thoughts on cryptocurrency new domain extensions and cryptocurrency new gTLD domain names? Please adhere to the “no spam” comment rule.


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.


Reach out to Elliot: Twitter | | Facebook | Email

Comments (16)

    Catecolgan

    I think that cryptocurrecy new gTLD domain names are increasing in value (at least mine are)

    November 15th, 2017 at 4:21 pm

      Elliot Silver

      Are you receiving more and/or higher offers?

      November 15th, 2017 at 4:23 pm

      Hod Konem

      Welcome to pre-ICO for this new gTLD domains. Tokens will be guaranteed with Domains Assets. Premium tokens will give an opportunity to aquire Premium .btc .bitcoin .crypto .eth .ltc .ico .bcc .dash .btg etc etc.

      In reply to Catecolgan | December 16th, 2017 at 7:06 pm

      Karen

      What are the best sites to sell domains?

      In reply to Elliot Silver | December 26th, 2017 at 10:46 pm

    Ali

    I agree, Crypto.one sold for $11000 even if .one is not related to cryptocurrency !

    November 15th, 2017 at 4:41 pm

    Ryan

    Offers are coming in for sure nice ones, .exchange $13K .network $4K etc… money is being made, and spent, and built out in this space.

    November 15th, 2017 at 5:56 pm

    Xavier.xyz

    We don’t need more extensions

    November 15th, 2017 at 6:35 pm

    Anthony Mitchell

    How many hard forks have we seen in Bitcoin in just the last three years? I’ve lost count. Then there are the failed forks too.

    BCH, one of the hottest currencies to come to the forefront after the last failed fork, is absent from the list of possible nTLDs above, illustrating how fast the field is changing.

    The field is so volatile that not all of the possibly proposed cryptocurrency TLDs are likely to represent coherent or brandable concepts by the time that applicants in the next nTLD round receive their delegations.

    We already have .CASH, a Donuts TLD with 11,288 domains registered, as shown today on nTLDstats. Aphorism: .CASH is king.

    November 15th, 2017 at 8:33 pm

    LMS

    I think bitcoin is great and has a lot of potential internationally.

    On the other hand, I so no need for the new gltds and think it is very safe to predict that they will all be .dead within the coming year.

    November 15th, 2017 at 10:02 pm

    Acro

    Typo’ed Ethereum! And it’s a trademark, so that’s off the block.

    November 16th, 2017 at 12:12 am

    Tauseef

    The buzz is around the ‘term’ currency. So, I think .currency is enough if at all it’s required.

    November 16th, 2017 at 2:22 am

    Jason Franklin

    At this point in time we have around 1,223 domain extensions according to ntldstats.com. Some are available to everyone and some are private. I believe it was necessary for some new ones to come out to give some new opportunities to register relevant and beautiful one word + extension domains. At this point though I am not sure launching hundreds of more domain extensions is a good idea. There are so many new extensions that those crypto terms could be added in front of that already exist now. I personally enjoy the opportunity that the new top level domains have brought into the domain world and aftermarket. Not sure every term in the dictionary needs it’s own extension though.

    November 16th, 2017 at 10:19 am

    steve brady

    If it can hodl like an ETH wallet then .xyz too.

    But, when was the last time you saw an .xyz domain in a tweet.

    It seems twitter might have blacklisted anything containing .xyz from appearing on hashtags, timelines, or replies.

    Include any gtld or .com domain in a tweet, hashtag it out to an audience of non-followers, log out, and see it appear on all timelines.

    … except .xyz

    Send a tweet from one account to a non-following twitter account with an .xyz domain in the tweet, it never arrives.

    I think twitter has coded/declared a rule set that severely limits .xyz’s reach on the platform.

    November 16th, 2017 at 11:12 am

      steve brady

      November 13 543.xyz is on thedomains timeline, so the block isn’t 100% systemwide. If in the future .xyz achieves widespread utilization as a “hot wallet” for sending and receiving Ethereum, twitter can jam specific accounts ability to tweet a wallet address.

      In reply to steve brady | November 16th, 2017 at 2:21 pm

    Mark Thorpe

    .Com Yes
    .Org Yes
    .Coin No
    .Bitcoin No
    .Crypto No
    .Ethereum No
    .ICO No
    .BTC No
    .BCC No
    .Token No
    .Wallet No

    November 16th, 2017 at 9:28 pm

    Jonathan

    Ethereum 2 long liking ETH+generic (smart contracts)
    Everything else will be pegged to national state currencies or black tulips.

    November 17th, 2017 at 12:54 pm

Leave a Reply

Name *

Mail *

Website