Today we are very excited to share that Richard of MagnumDomains sold the Eth.co domain name trough Efty for a whopping $300,000. Once reported, Eth.co will rank as the second highest .CO ever sold and the second highest ccTLD ever sold based on NameBio’s data.
The most expensive .co domain name ever sold was o.co which sold for $350,000 to overstock back in 2010.
Richard told us the domain name sold via Buy-It-Now with the transaction being handled trough our Escrow.com integration. The entire process only took one day. No broker was involved and the sale was 100% commission free for the seller.
Richard owns a portfolio of another 890 premium 3-letter acronyms which he has build over the last 11 years. He shared with us that this sale is an example of having patience and playing the numbers game. He acquired Eth.co back in 2010 for $25 which was long before Ethereum, the decentralized, open-source blockchain with smart contract functionality was founded.
Credits to: efty.com