ICYMI: Ethereum Name Service records second-highest ENS name sale
This makes it the second-largest sale, behind paradigm.eth.
The Ethereum Name Service domain 000.eth was purchased for 300 ETH on July 3, making it the second-largest sale measured in both ether and dollars.. They received the ENS name in June 2020 from another address that they may or may not own. They first listed it in September 2021 for 100 ETH , before relisting it in January this year for 500 ETH . They then listed it again in March, where the offer sat for three months before being accepted.
The user that sold the domain also owns a few other NFTs, including another ENS name kimjonghyung.eth. ENS domains are human-readable addresses designed to be used to replace blockchain addresses when sending blockchain transactions. Instead of a crypto user having to copy and paste their blockchain address, they can use such names to select where they are sending money. ENS names are also non-fungible tokens and can be sold on NFT marketplaces like OpenSea.
The biggest sale so far of an ENS domain was for paradigm.eth, which was purchased in October 2021 for 420 ETH . Despite the name, crypto investment firm Paradigm reportedly denied that it made the purchase. Plus there was a few© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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