How to make Money Buying Premium Domain Names in the Crypto Space
Four quality domain names with strong profit potential
When I first entered the domain name investment market I was certain that I knew a good domain name when I saw one. Years later after that first investment I feel a combination of embarrassment and amazement. Embarrassed that I seriously believed I knew what I was doing and amazed how far I have come from those early days of domain investing.
I often receive emails from new investors in the domain space asking me for my thoughts on their latest purchase. I always end up feeling bad for the majority of them. Most are unlikely to make a profit from their purchase, not alone get their money back.
There are a huge selection of domain names for sale at any one time but only a fraction of these have a value, more so, only a small percentage of this number are what we classify as Premium Domain Names.
What is a premium domain name?
Premium domain names are high-quality domains that have been previously registered but are available for sale at today’s market value. A domain is considered to be high quality if the name is shorter, regularly searched, closely associated to the actual service or industry, and typically uses a TLD such as .com, .
It’s not a coincidence that most of the successful online businesses we know have premium domain names (e.g., Stripe.com, Amazon.com, Google.com, etc).
In short, premium domains are extremely popular, which means they often cost significantly more than a traditional .com.
Honing in on that last sentence for a moment. Buying premium domain names at affordable prices and significantly below market value is still a realistic possibility.
I always recommend that someone who wishes to invest in domain names should buy domain names in a market segment that they understand, that way you have a better chance of selecting domain names which are likely to appeal to a selection of end users. That’s the key to a good domain name. Obviously a sale is a sale but the more possible end users you have for your domain name the more valuable it is.
Obviously there are other factors to take into account too including:
- The appraisal value from the likes of GoDaddy, the leaders in this market
- The number of extensions taken — the more the better
- The formation date — the older the better, although this is not always the case
- The number of keyword searches — less relevant if you have a great brand-able name
- A name with a low probability of a trade mark infringement
- Short name under 18 letters is good
- No hyphens or numbers, although there are exceptions to both of these general rules
- Stick to the main domain extensions such as .com, .net, .org, possibly .io and .ai although the renewal costs for the latter are a factor to take into account.
There are easier ways to get involved in the premium domain name market. As with the financial markets, sometimes it is simpler and less costly to let the experts do the job for you. In the case of this article you get to see four quality domain names picked by an expert in both the cryptocurrency and domain space. If you are a follower of the crypto market and believe like us that we are at the early stages of a revolution then investing in premium domain names in the crypto space is a wise move. That opinion is based on our belief that crypto based premium domain names are going to get more valuable with time.
One of the most important qualities of a domain name to remember is that each domain name is one of a kind. That is what I like about this market. Once a name is gone it’s gone for good.
Discover more quality domains at DomainMoonshots.com — The leading domain listing platform that favors affordable quality over quantity.
Listen to our bi-weekly podcast, Domain Moonshots, where we reveal two premium hidden domain name gems on every show. Stay ahead of the crowd, be one of the first to take a glimpse at sort after domain names.
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Below are four premium domain names for your consideration.
CoinCenter.net
Registered 2013
Comparables
CoinCenter.io for sales for $60,000
CoinCenter.co for sale for $5,000
Valuation
Saw Valuation $9,000
Key valuation points:
- Highly recognizable and understood by the public.
- 5th most registered extension, and one of the most valuable.
- 7 Domains taken, all the top extensions.
Price $1,500
Our Assessment
The .com is already being used by a non-profit leaving .net as the next best alternative available for development. CoinCenter is a catchy, easy to remember name with an array of possible end users. This is one to either flip for a price north of $9,000 or hold for the medium term as part of a portfolio. It is without question a premium name in the crypto space providing instant credibility to any owner. The price of $1,500 is a good buy considering the comparables and the valuation.
Satoshis.net
Registered 2013.
What are Satoshis?
A satoshi is the atomic unit of Bitcoin, each Bitcoin is divisible into 100,000,000 satoshis.
Some Comparables:
Satoshis.xyz on sale for $100k
Satoshis.me on sale for $45,000
Satoshis.art on sale for $25,000
Saw valuation $16,000
Key valuation points:
- Highly recognizable and understood by the public.
- 5th most registered extension, and one of the most valuable.
- This is a category defining domain name.
- This domain is highly memorable and easy to spell. These factors increase the value.
- This keyword is in such demand that it is registered in over 350 domain extensions.
Price $5,500
Our Assessment:
This is a quality crypto name that based on comparable prices of arguably lower value extensions is worth $15k on the low side and $100k on the upside with a mid-range of $50,000. With the future of Bitcoin looking bright this is one to hold for the medium to long term. A realistic price for an onward sale is a minimum of $15,000 to $25.000. A price of $5,500 provides a rare opportunity for profit with the added benefit of holding a crown jewel in crypto domain names.
CreatorCoin.net
Registered 2021
Some Comparables
CreatorCoin.org for sale for $4,500
CreatorCoin.io for sale for $5,000
Saw valuation $9,000
Key valuation points:
- 7 extensions already taken including the top ones .com, .info, .org etc.
- .com is owned by Twitter/X so .net is arguably the second best alternative.
Priced at $975
Our Assessment
It’s a quality name in the crypto space which is only going to get more valuable with time. With a price of $975 a realistic onward sale price would be a minimum of $4,500 however with the .com off the market for good, it could be worth holding this domain name for the medium to long term as it could quite easily sell for anything north of $10k. At $975 this is a steal!
NFTPasses.com
Registered 2021
Comparables
NFTPasses.org is for sale for $2,000
Valuation
GoDaddy valuation $2,868
A .com yes a .com! It’s difficult to find premium domains available for an affordable price especially in the crypto space. Just about every good idea has been thought about and the .com snapped up. There are exceptions however and NFTPasses.com is that exception.
The three main extensions are registered being .com, net and .org.
Here are some possible uses for NFTPasses.com
NFTpasses.com has potential as a domain name, especially if you’re looking to create a platform related to NFTs (non-fungible tokens). It could be used for selling digital passes or tickets as NFTs for events, concerts, conferences, or exclusive access to online content. It could also be used for creating a marketplace for buying, selling, and trading NFT passes or tickets.
Price: $695
Our Assessment
What is most notable is that NFTPass.com is for sale for $72,000. Priced at only $695 we would expect a seller to flip this for at least $3k, possibly much more. It’s a premium name in a growth market where everyone is searching for names that stand out. NFTPasses.com certainly stands out and has a multitude of end users.
Discover more quality domains at DomainMoonshots.com — The leading domain listing platform that favors affordable quality over quantity.
Listen to our bi-weekly podcast, Domain Moonshots, where we reveal two premium hidden domain name gems on every show. Stay ahead of the crowd, be one of the first to take a glimpse at sort after domain names.
This blog does not represent financial advice. Readers should always seek independent financial advice. Never invest more than you can afford to lose and remember an investment in domain names is high risk.
This blog does not represent financial advice. Readers should always seek independent financial advice. Never invest more than you can afford to lose and remember an investment in domain names is high risk.
