Among lingering sour market conditions, Ethereum Name Service (ENS) domain 000.eth has offered for ETH 300 (345,260).
The purchase may be the second-largest ENS domain purchase both when it comes to ETH and USD value.
The domain was offered through the OpenSea marketplace user EtheOS to a different user named B34D84 on This summer 3, on-chain data shows. The dog owner had received the ENS name in mid-2020 from another address.
The ENS domain was initially indexed by September 2021 for ETH 100 (worth around USD 300,000 at that time), but was relisted captured for ETH 500 (USD 1.6m), and again in March for ETH 300, in which the offer sitting for 3 several weeks prior to being recognized.
Ethereum Name Service (ENS) domains would be the Web 3 equal to the Website Name System (DNS), Web 2’s method of mapping alphabetic names to number Ip Address (IP) addresses. ENS domains enable users to translate their hard-to-understand crypto wallet addresses to human-memorable text.
ENS domains presently finish with .eth and therefore are priced in line with the quantity of their figures. As of this moment, three-character ENS domains cost USD 640 each year, four-character names cost USD 160 each year, and five-character names or longer cost USD 5 each year.
Paradigm.eth presently sets the record for that largest purchase of the ENS domain, which offered for ETH 420 in October this past year. Although it was speculated that crypto investment firm Paradigm may have been behind the purchase, the organization denied individuals claims.
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Find out more:
– Ethereum Name Service Token, ENS, Soars on First Day’s Buying and selling
– Ethereum Name Plan to Pass Governance To Community, Details ENS Airdrop
– ENS Integration Lets Users Receive ETH to .com Addresses
– Ethereum Name Service – What’s Human Readable Website Name Great For?
– ENS Integration Lets Users Receive ETH to .com Addresses
– NFT Giant OpenSea Shares 5 Safety Recommendations as Users’ Emails Leaked
