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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

The Cryptocurrency Domain Name Block-Chain.Com Has Been Acquired for $1,000,000

NewsBTC
NewsBTC
7 years ago
2 mins read
block-chain

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One of the largest ever cryptocurrency domain name acquisitions was announced during Consensus 2018, the 4th annual blockchain technology summit sponsored by CoinDesk. A group of investors has purchased the Block-chain.com domain for $1 million (111 BTC), which makes this the third most expensive cryptocurrency domain name acquisition ever.

Prior to this transaction, the most expensive blockchain domain names sold were btc.com (sold for $1.1 million as early as 2014) and eth.com (sold for $2 million in October 2017). The buyers of the Block-chain.com domain immediately launched one of the largest portals in the blockchain and cryptocurrency industry, bringing together the functionality of all the current major industry players.

Block-Chain.com is a customized blockchain and cryptocurrency news, information and analytics platform that is rapidly rising in status to number one in the world. Now all of the necessary information will continually be at hand and readily accessible. The platform is very convenient, efficient and time-saving.

The vision of the project’s investors is to build a single entry point for all crypto enthusiasts. Block-chain.com has everything a blockchain enthusiast might need in one place:

  • the current prices of all the existing coins;
  • the latest updates and news of the industry;
  • analytical materials;
  • topical ICO projects;
  • detailed information on people developing and influencing the blockchain industry;
  • transactions in popular blockchains; and
  • other useful features.

Every Block-chain.com user will be able to create a full crypto portfolio and an e-mail account on the project domain. All of the information is logically selected, interrelated, and chronologically arranged.

A principal feature of the project is that when performing various activities—commenting and developing new content or simply visiting the site—every customer earns inner Block-Chain.com tokens, or BC for short.

The project is not planning initial coin offering (ICO). The project’s inner token was created to be spent on the Block-chain.com platform for placing ads or using premium services. In addition, BC tokens will be available for purchase and sale on exchanges like EtherDelta.

The total supply of BC tokens is 247,000,000 BC. 200,000,000 of that will be paid to users for activity on the platform, 30,000,000 is reserved for the project team, and 17,000,000 is reserved for certain major and well-known advisors who supported the project.

In general, the founders and investors are planning to invest more than $7 million of their own funds in the project to secure the number one ranking in attendance among blockchain and cryptocurrency projects within a year.

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Comments 7

  1. fujak says:
    7 years ago

    isn’t blockchain one word?

    Reply
    • TopDomainInvesting.com says:
      7 years ago

      Indeed, blockchain is one word. The “group of investors” have apparently made a mistake as big as the blockchain itself. They may know about some types of “investing,” but everyone who knows anything about domain name investing knows that hyphenated domains are considered to be worthless and to be avoided like the plague. What an expensive mistake to make at that level.

      Reply
      • Domain Investor says:
        7 years ago

        Lol

        Reply
        • George Ramos says:
          7 years ago

          Amazing news, since the block-chain domain sale, my blockchain domains on undeveloped and on my Twitter have been receiving a ramp up in traffic.

          Reply
  2. http://bit.ly/2rbC9lm says:
    7 years ago

    ↑↑↑ Big Bitcoin

    Reply
  3. WTF Domains says:
    7 years ago

    Who verified the sale?

    Reply
  4. Dean Phillips says:
    7 years ago

    They should contact me, next-as I have over 2100+ Crypto/Bitcoin/Block-related (all .com) names in my portfolio.

    Reply

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Comments 7

  1. fujak says:
    7 years ago

    isn’t blockchain one word?

    Reply
    • TopDomainInvesting.com says:
      7 years ago

      Indeed, blockchain is one word. The “group of investors” have apparently made a mistake as big as the blockchain itself. They may know about some types of “investing,” but everyone who knows anything about domain name investing knows that hyphenated domains are considered to be worthless and to be avoided like the plague. What an expensive mistake to make at that level.

      Reply
      • Domain Investor says:
        7 years ago

        Lol

        Reply
        • George Ramos says:
          7 years ago

          Amazing news, since the block-chain domain sale, my blockchain domains on undeveloped and on my Twitter have been receiving a ramp up in traffic.

          Reply
  2. http://bit.ly/2rbC9lm says:
    7 years ago

    ↑↑↑ Big Bitcoin

    Reply
  3. WTF Domains says:
    7 years ago

    Who verified the sale?

    Reply
  4. Dean Phillips says:
    7 years ago

    They should contact me, next-as I have over 2100+ Crypto/Bitcoin/Block-related (all .com) names in my portfolio.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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