Domain hack De.fi sold for $100,000 dollars via Escrow.com

The short Finnish domain, De.fi, sold for a reported $100,000 dollars, according to NameBio’s confirmation.

The sale took place using Escrow.com; the “domain hack” represents the term “DeFi” or decentralized finance, a term that involves transactions using the blockchain.

Domeen.com is the seller of De.fi, for which he spent just 9 euro to acquire at a drop. This is the highest recorded sale of a .fi domain, the official ccTLD of Finland.

The second ranking .fi sale is that of wi.fi for $22,067 dollars via Sedo in 2017. Update: That domain was also sold by Domeen.com.

The seller is a professional domain investment and development company in Estonia, investing in domains since 2000 and mostly .com, .ee and .fi domains.

The buyer of De.fi forwards it to DEFIYIELD—an “experienced blockchain development and DeFi investment company, who have worked for a range of leading global organizations.”

De.fi was listed for over $500,000 dollars on Afternic, at some point. By completing the sale using Escrow.com, the seller saved thousands of dollars in crazy commissions. As of February 1st, GoDaddy expects sellers using alternate landers or non-approved nameservers to pay 25% in fees for sales that take place on its marketplace.

Congratulations to the parties involved!

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