Today we are very excited to share that Richard of MagnumDomains sold the Eth.co domain name trough Efty for a whopping $300,000. Once reported, Eth.co will rank as the second highest .CO ever sold and the second highest ccTLD ever sold based on NameBio’s data.
The most expensive .co domain name ever sold was o.co which sold for $350,000 to overstock back in 2010.
Richard told us the domain name sold via Buy-It-Now with the transaction being handled trough our Escrow.com integration. The entire process only took one day. No broker was involved and the sale was 100% commission free for the seller.
Richard owns a portfolio of another 890 premium 3-letter acronyms which he has build over the last 11 years. He shared with us that this sale is an example of having patience and playing the numbers game. He acquired Eth.co back in 2010 for $25 which was long before Ethereum, the decentralized, open-source blockchain with smart contract functionality was founded.
Efty Blog 
Wonderful sale and congrats to Richard for striking such a fantastic sale! Thanks for sharing.
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Congratulations for Efty , seller and buyers. That’s one of incredible sales for .CO.
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Congrats to Richard, Buy it now no commission that’s just off the chart.
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Awesome sale! With ETH up 450% YTD- the seller is striking while the iron is hot- tremendous that it was commission free via Efty as well!
Cheers,
Mike
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Hello Doron, how are you doing?
This is great story showing that holding onto a domain for many years does pay off.
A domain should be held for 5+ years to see the potential buyers who show an interest in it with serious offers.
The sale of this gives a prime example of this.
Congratulations on the sale Richard, and great yield in profits!
I hope you are doing well Doron.
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This is more a luck story in my view because it went from a random LLL.co that would normally be very hard to sell to something with a lot of meaning.
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Shut up troll
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The simple fact there was zero negotiation tells me buyer was high as hell behind the BIN button. The day folks realize ALL this crypto shit is going to be regulated once states/ countries roll there’s out. Am I the only that understands this fundamental fact???
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Wow, I think I should consider renewing the expired UKP.co
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