Bought Lots Of Crypto Domains: Smart Move Or Wasted Eth?

in LeoFinance4 years ago (edited)

Hi, Lions and Hiveans!

For me this day is perhaps one of the most important in crypto so far.
We had Pizza-day, Tesla-day and now COIN-day!

I also see a lot of value for my holdings in Voyager Digital (the stock) which has increased by 50 X. It was no doubt the easiest buy when I bought it in July. Voyager Digital still looks cheap when compared to the Coinbase multiples.

Today I bought some strategic domains that I believe can be very valuable at unstoppabledomains:

Screenshot_20210414 Unstoppable Domains.png

https://unstoppabledomains.com/

When I started with buying art NFTs, it was quite obvious that it eventually was going to go mainstream, as that is the role of art. I am also artistic and love art, so a no-brainer.

Crypto domains are a different beast. I do not have the technical knowledge to really dive into the value proposition, but I guess it is a logic move, and my calls has been accurate so far. It could be the next thing popping after art NFTs, as crypto domains share similar characteristics as they both are NFTs.
The rebel in me also think some wealth rotation once in a while is healthy (survival of the fastest adaptable), and crypto domains is a new opportunity for people that where to young in the .com-days.


I kind of shooting in the dark here. But if crypto domains take off it could be very lucrative and also help build my own crypto narrative.

I am very curious if there are any that have more technical knowledge and views on this on the block.


Have you perhaps bought any crypto domains yourself?

Do you think they will become valuable in the future?


by @janus-laser-until-100k-face


DQmRpTAHaXFoT2tr3jjqj5mdNcggZ1PA3yyeqhxZH7Ws7ey-hexhiver-NFT2.gif

giftart by @elgeko

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Most probably wasted Eth. But the expected value could still be well above the price of the investment as these domains can easily go for absurd amounts if it goes the right way!

That is a bold move for sure and investing in the future, you will win or learn.

For me as the owner of a digital marketing company, I am very big on getting a domain name that will properly represent your brand. That being the case, I know that people generally don't type the url in the address bar anymore and it is Search Engine Optimization that makes any URL have value. If you are in the market to squat on these sell these domains until someone decides to buy them, that can be hit or miss.

I have helped some folks broker the purchase of domains when the price is reasonable but most of the time, a slight variation of the syntax is good enough and can get you one that is available.

Neat to see innovative and progressive crypto business people with some capital and an eye still on the future!

Thanks for the valuable input. I am a rookie here, but it is always nice to learn new things.

Yah man you win or you learn.

If you are not overextending yourself on the investment and are diversified, I say go for it and have a strategy for your ultimate outcome and make that happen.

Being progressive and ahead of the curve feels like free falling til you start to fly!

zekepickleman: Being progressive and ahead of the curve feels like free falling til you start to fly!
So wise. Should be learnt from kindergarten!