Cryptocurrency domain amazon. eth is sold for a million dollars

According to data on the OpenSea marketplace, ENS with the address of one of the world’s largest corporations Amazon (amazon.eth) is being sold for $ 1 million. The anonymous investor who offered $ 1 million for the domain is a «regular buyer» of ENS cryptocurrency domains.

Back on October 18, 2019, the amazon. eth domain was purchased for 100 ETH (approximately $ 20,000 at the time). Later, on February 8, 2022, amazon. eth was purchased for 33 ETH (approximately $ 102,000 at the time). It is worth noting that if amazon. eth does find a new owner, its user who purchased the domain in February will receive 1000% of the profit. However, it is currently unknown whether such a deal will take place.

As a reminder, from June 27 to July 3, the number of registrations in the Ethereum Name Service (ENS) domain name system amounted to 78,566, an increase of 163% over the week. Also recently, the unknown owner of the 000. eth domain has recently sold it for a record-breaking amount of 300 ETH (about $ 316,000). Its price beat the cost of the domains porno. eth (184 ETH) and sam. eth (100 ETH).

The Ethereum Name Service naming platform for web3 projects is popular among cryptocurrency community members. After all, it allows you to turn long strings of data into easy-to-read and memorable addresses.