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Unless a blockchain based DNS is involved with a blockchain currency, I see nothing to stop the mad grab of all memorable, pronounceable, or legible names less

Unless a blockchain based DNS is involved with a blockchain currency, I see nothing to stop the mad grab of all memorable, pronounceable, or legible names less than 40 characters long almost immediately. If I was so inclined to participate, I'd just grab a ton of blockchain DNS names, back them up, and hope I can sell one someday.

verdverm 5y ago
yup, there was a lot of that on HNS and ENS
donmcronald 5y ago
From a NamePros thread [1]: > artdao.eth bought for 59Ξ ($191711.65) > tara.eth bought for 6Ξ ($21797.16) > keira.eth bought for 15.0Ξ ($51192.90) > protein.eth bought for 10.0Ξ ($32484.00) > esports.eth bought for 2.76Ξ ($10699.55) > fidenza.eth bought for 30.0Ξ ($107111.40) > artblockscurated.eth bought for 7.0Ξ ($24992.66) There are tons of similar sales apparently. Some of it just doesn't make sense. $200k for artdao.eth? Really? The last two are apparently NFT related things. The only one in there I can maybe understand is esports.eth since $10k for an esports company to have a premium wallet address makes sense to speculate on given that market. However, they have domain validated integration of existing (ICANN) domains now, so I don't see much value in the .eth stuff. There's some value in avoiding confusion. Saying "send money to esports.eth" is less ambiguous than "send money to esports.com" because the latter could be confused with normal eTransfers. Beyond that though, what makes a .eth domain worth $10k+? 1. https://www.namepros.com/threads/ens-ethereum-domain-service-eth-domain-names.1085683/page-5 https://www.namepros.com/threads/ens-ethereum-domain-service...