Domain General News

$3.5 million domain,, still to put to use!!

The biggest deal of the year,, was sold for $3.5 million by Grit brokerage in the July of this year. The super premium domain was bought by Intercontinental Exchange, which was using website at that time.

What’s surprising to see is that the domain is still to put to use. The domain just redirects to company website.

The domain has been involved with some big acquisitions and failures. The site initially launched in 2000 raised about $50 million in funding and even acquired rival Odimo for $9.5 million in 2006.

The company didn’t make it and the domain was bought by an Austin based company for $3 million which too didn’t work out.

With crypto markets hopefully saw a revival, we hope will again find its glory and be put in a better use.

About the author

Hemant Tilotia

Writer, blogger, domain investor. Passionate about everything related to domain names and branding.

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