• Home
  • Global News
  • The godfather of cryptocurrency domain names - ‘Crypto.com’ finally sold
The godfather of cryptocurrency domain names - ‘Crypto.com’ finally sold
Global  
TodayIndya

Cryptocurrency debit card company, Monaco has acquired the valuable domain-crypto.com from owner Matt Blaze for an undisclosed fee.

 

This sale of the domain comes as a surprise since owner Blaze was reluctant to sell the domain to any cryptocurrency company, despite multiple offers.
 
As per a report by Techcrunch, following the purchase of crypto.com, Monaco has decided to rebrand itself as “Crypto.com.”
 
Crypto.com was registered in the year 1993, by Blaze, a prominent cryptology researcher and professor at the University of Pennsylvania. Since the boom of cryptocurrency, potential buyers have been knocking at his door, however, he has publicly informed the buyers that the domain wasn’t for sale.
 
Blaze is also known to be a strong critic of the word ‘crypto’ being used as an abbreviation for ‘cryptocurrency’, instead of ‘cryptography'. He added that it would have “bad consequences for both cryptography and cryptocurrencies.”
 
The University of Pennsylvania professor has refused to comment on what made him ultimately change his mind. However, Monaco CEO Kris Marszalek believes that is was not about money.
 
 

 

"If it was only about money he’d have sold it a long time ago,” he told Techcrunch.
 
While the fee remains undisclosed, speculations have suggested that Monaco paid anywhere from USD 5 to USD 10 million to acquire the valuable domain. This is significantly higher than the sale of other popular cryptocurrency-related domains sales;  for instance, eth.com was sold for $2 million.
 
Monaco, the buyer firm, is a well-established name in cryptocurrency companies. However, it faced strong criticism last year for advertising Visa-branded cards, even before getting the approval by Visa. The company that was founded in 2016 in Switzerland, also has an automated cryptocurrency investment system and a mobile wallet app.

 
 


 
 


 
More in Global
NASA's iconic 'Pale Blue Dot' photo of Earth from space just got a 21s...

On Feb. 14, 1990, NASA's Voyager 1 spacecraft captured one of the most iconic photographs of the space age; to commemorate the moment's 30th anniversary, NA...

Recently posted . 7 views

Poor economics can make you rich ?

If we check the GDP of any develop country the one of the factors is literacy rate. That how one country take shape in global market. Hence educati...

Recently posted . 8 views

The Best Way to Use a Credit Card? Treat It Like Cash.

Credit cards can build your credit and earn you rewards, but they can also put you in debt. These tricks can keep you accountable for your spending.

Recently posted . 4 views

There's Something Special About Bat Immunity That Makes Them Ideal Vir...

Ebola. SARS. Rabies. MERS. Most probably even the flourishing new coronavirus, COVID-19. There's one animal that innocently and unwittingly gifts all these vi...

Recently posted . 8 views

Hired: AR/VR engineers replace blockchain programmers as hottest commo...

Augmented reality and virtual reality jobs are hot, with demand surging 1,400% in 2019, according to a new State of Software Engineers report by job site Hired.

Recently posted . 17 views

7 Things That Bring Love Back Into a Relationship

Do you feel as if you and your partner need to renew that old spark? It’s not uncommon for couples to feel they need to bring love back into their partnership...

Recently posted . 12 views

 
 
 

Prashnavali

Thought of the day

रिश्तों की पाठशाला अगर बनाई रखनी हैं तो गणित विषय कमजोर होना बहुत जरूरी है..!! हरे कृष्णा..🙏🏼
Anonymous