Budweiser buys beer.eth ENS domain for $100k
Posted Aug 25, 2021, 7:20 AM UTC
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Visa and Budweiser both buying Ethereum NFTs on the same week...
The institutions are coming for your illiquid JPEGs
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ENS domains are actually useful. And 100k is a steal for a 4-letter domain, specially if you know that nobody can take it away from you.
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Is Budweiser the official beer of Ethereum? **Shudder**
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I... yes, I should have known that one. I guess a few other domains like that will hit big prices down the road. I see incoming huge price tags.
How much for Shop.eth? Or even wine? Soda? Cars? Investment? Biscuits? Marmelade? So many ENS that will be worth millions.
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Still waiting for pornhub to buy come.eth for 69K
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Ah ah, why not cum.eth, though? Is the minimum 4 characters? I don't remember the exact number, but I remember there's a minimum limit.
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3 is current minimum
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Dotcom bubble anyone?
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The vibes are there for sure, but we're still early and even then, short '.com' domains actually retained their value well after the crash.
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Maybe.. right.. Was in my early 30s turn of the millennium… God I had a great job at a dot.com that went bust
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Ehh, this is a very very very small price to pay for a domain. How much would beer.com sell for?
Also this domain isn't part of their business plan or anything. In the dot com bubble companies were getting valuations based out of this air.
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Lol $100,000 apparently
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Bubble? This is just the beginning. We haven't even seen multi-million dollar deals and court cases over sex.eth.
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... and so it beergins.
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Can anyone explain what these .eth domains do. I've been seeing other people talk about buying them recently. I assume its some kind of public paystring that sends assets to your wallet?
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That, plus you can put social media profile information, email, website link, avatar, or even forward to an IPFS file/website, and then when someone puts your ENS domain into a supported browser (like Brave), it takes them directly to the IPFS hash.
Also, it is used as the de-facto username service for Ethereum dapps that you login to by connecting an address.
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Thank you! this is the explanation I was looking for
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Visit ens.domains to find out for yoself
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yes. it just makes your address recognizable and easy to send funds to
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<budweiser> hold my eth, and watch this...
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The ENS wars have begun.. 🍿
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🍿
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Hypothetically speaking, if I try and sell them budweiser.coin is that illegal under cybersquatting law or is blockchain domain different?
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Pretty sure they can claim that on squatting laws. The real smart move is buying domains relating to popular products but not brands.
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I appreciate you weighing in. I'm a dumbass and bought a bunch of domains of organizations and ppls names who I despise.. I did buy some generic products too at least. Not all dumb I guess.
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Haha, I did exactly the same thing before finding out that they can basically be forcibly claimed by the brands.
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ENS domain is a must have corporate asset. Not only for marketing and remittances, but to protect their brand and prevent fraud.
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Anyone notice if the sales of ENS have spiked following this move?
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I don't mean to beat a dead anheuser-bush , bud can any of you pass me links to research/locate where these a purchased and how they are held?
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Google ens domains, that’s a good start
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Opensea.io
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What can they use this for in the future?
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Did anyone hold this domain before budweiser bought it, ie did they buy it from someone else? In that case how did they know who to buy it from?
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That’s what I’m wondering. Should I start buying up domain names?
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It was listed for sale for a while on opensea.
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Ok, cool. What is opensea? Link?
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It's a NFT marketplace: opensea.io
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Thx
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Now that's beerish
lol
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