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OTC : Dot .APP #domain was sold for six figures in China

Hashnest Cloud Mining, a cryptocurrency services company based in China, has spent some serious cash on a dot .APP domain name.

OTC.app was reportedly acquired by Hashnest on Many 15th. The company’s founder, Rob Zhang, spent “over 6 figures CNY” equivalent of Bitcoin for the domain.

The seller is Jeremy HM Chou, CEO of DomainEX.App, a portfolio holder of domain names that include numerous dot .APP keywords.

The CNY to USD equivalent is currently at 0.144623, so the sale is at five figures USD.

About Hashest:

Hashnest is no.1 in the field of clouding mining service since 2014, subsidiary company of Bitmain Technologies, the world’s leading bitcoin mining rig developer and producer firm using ASIC chip technology. The company will be using the domain OTC.APP for their upcoming APP soon.

Source: Jeremy HM Chou via LinkedIn.

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