Another day, another fresh dollar from the sale of .XYZ domain names by Indian prodigy Swetha Yenugula.
The latest pair of domains reported took place on Dan: Machi.xyz and Corto.xyz. These domains were sold for $14,988 dollars and $5,988 dollars respectively.
https://t.co/A9EqVexv8e sold for $14988 @Undeveloped https://t.co/XoZdn7O4lg sold for $5988 @Undeveloped #AI #ArtificialIntelligence #cognition #cognitive #domains #domainnames #startup #startups #venturecapital #defi #technology #cryptocurrency #DAO #blockchain #crypto… pic.twitter.com/aXUDQQLSmk
— Swetha.xyz (@DomainNameGear) April 25, 2024
Swetha Yenugula
The pattern continues; the buyers are companies that are involved with the crypto, AI, or blockchain fields where .XYZ has been utilized extensively.
Eventually, some of these companies exit their start-up round and switch over to the matching .com domain.
The logic is simple: Spend a small amount of money to get the project or company off the ground, get investors rolling in and once cashflow is secured get the domain upgrade of choice.
Congratulations, Swetha! 🙂
