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A New Kind Of Moonshot Worth Serious Attention
Investing in Domain Names is a fast emerging asset class often referred to as virtual commercial real estate
Written by Moonshot Monday for CryptoQuestion
Those of us who participated in the crypto bull market of 2021 may have experienced the massive gains that were available if you were lucky enough to pick the correct shit coin/s (all coins and tokens other than bitcoin) to invest in. If you were one of the few fortunate ones who were fleet footed enough to exit near the peak of the boom then you may have experienced first hand the elusive 10X returns that many talk about but few achieve. Most of us however watched from the sidelines and believed it was all a myth.
The reality is, investing in cryptocurrencies was and still is a great way to experience massive returns on your money however, the risks as you would expect are also massive. That’s why you should always only invest risk capital into these types of investments.
Recently I came across another investment which has been sitting right in front of me for years but I hadn’t realized its true potential until now. Domain names.
I believe investing in domain names is actually a superior investment to investing in cryptocurrencies for a few reasons.
Firstly, you are buying an asset which has a resale value. Assuming of course you are buying quality names.