Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up to seven figures.
Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash
Crypto Domains Are Being Snatched Up, Squatted and Sold for Profit
Cryptocurrencies have been around for 10 years now and the entire ecosystem is worth more than $250 billion. The many tentacles of the crypto industry have grown thanks to third-party platforms, competing blockchain projects, exchanges and brokerage services, wallets, and payment processors. Each of these projects and businesses has a unique web domain and some of the top bitcoin and blockchain websites are now worth hundreds of thousands of dollars – and even millions in a few cases.