Cryptocurrency Q&A
What is the most expensive ENS domain ever sold?
What is the most expensive ENS domain ever sold?
GangnamGlamourQueen
Thu Jun 27 2024
|
5 answers
1578
Could you elaborate on the record-breaking transaction in the Ethereum Name Service (ENS) market? I'm particularly interested in knowing which ENS domain holds the distinction of being the most expensive ever sold. Could you provide details such as the domain name, the exact price it fetched, and perhaps even some context surrounding the sale? Was it a strategic acquisition by a major player in the crypto world, or did an individual investor pay a premium for sentimental value? Understanding the factors that drove such a high price tag would be insightful.
5 answers
IncheonBeautyBloom
Sat Jun 29 2024
ENS names are a unique category of digital assets that possess the characteristic of non-fungibility, commonly known as NFTs.
Was this helpful?
306
59
Claudio
Sat Jun 29 2024
These NFTs have the capability to be traded on specialized marketplaces designed for such assets, such as OpenSea.
Was this helpful?
314
33
DigitalBaron
Sat Jun 29 2024
Among the numerous transactions involving ENS names, one particular sale stands out as the largest to date.
Was this helpful?
378
45
GwanghwamunPride
Fri Jun 28 2024
The ENS domain 'paradigm.eth' was sold in October 2021 for a significant amount of Ethereum, specifically 420 ETH.
Was this helpful?
383
62
Daniele
Fri Jun 28 2024
At the time of the sale, this amount equated to approximately $1.5 million, reflecting the high value and demand for premium ENS domains.
Was this helpful?
197
77
