Domain name 333.eth sold on OpenSea for $119 000

This is the only token in the new owner’s wallet

30.12.2022 - 12:10

255

2 min

What’s new? On December 30, the domain name 333.eth, created on the Ethereum Name Service (ENS), was sold on the OpenSea NFT marketplace for 100 wETH (wrapped Ethereum tokens), which is about $119 100. The new owner of the non-fungible token was an anonymous user under the pseudonym E4E534.

NFT page on the OpenSea auction

What is known about ENS? It is an open-source blockchain protocol developed in 2017. It allows users to assign a digital identifier to their wallet. Each domain name in the service is an NFT that ends in .eth and can act as an address, cryptographic hash, or website URL.

What is known about the new owner? An OpenSea NFT marketplace user under the nickname E4E534 did not join the platform until December 2022. That said, the domain name 333.eth is the only token in his wallet. The NFT image includes an advertisement for the 10K Map service, which reads a user’s on-chain data and places it on a special card.

On September 24, the total number of registrations with the ENS service exceeded 2,5 million. By September 25, 372 146 new .eth domains had been registered since the beginning of the month, up 18% from August. The service’s total revenue amounted to $4,5 million,

In July, the NFT collector lost 100 wETH (~$150,000) because of a joke bid for a domain name on ENS. He created the domain “stop-doing-fake-bids-its-hoestly-lame-my-guy.eth” by bidding on it from his primary address. He then received an offer to buy it for 1,9 wETH from another user and accepted the offer, forgetting to cancel his previous bid. 30 minutes later the new owner accepted it, effectively selling the creator his own address for $150 000.

Author: