SHOUT! — The Domain Buyer’s Weekly Newsletter #8
Buying Crypto-Based Domain Names: The Basics, Opportunity, and Potential
Let’s Talk Domains
Buying Crypto-Based Domain Names: The Basics, Opportunity, and Potential
Setting up a Side Hustle in Cryptocurrency
As the cryptocurrency market continues to grow and evolve, investing in crypto-based domain names has become a lucrative opportunity for entrepreneurs and investors alike. A domain name is a unique online identity that can increase brand recognition, build trust, and drive traffic to a website. In this article, we’ll explore the basics of buying crypto-based domain names, the opportunity they present, and their potential for growth.
The basics of buying crypto-based domain names involve understanding the different types of domains available. For instance, Satoshis.net is a domain name that targets the Bitcoin community, while BuyCrypto.net is more geared towards cryptocurrency exchanges. CoinListings.com and CoinAward.com are domains that focus on cryptocurrency listings and awards, respectively. CreatorCoin.net, on the other hand, targets the creator economy.
The opportunity to invest in crypto-based domain names lies in their potential to increase in value over time. As the cryptocurrency market grows, the demand for relevant domain names also increases, driving up their value. Moreover, domain names can be used to create a variety of online businesses, such as cryptocurrency exchanges, wallets, and news sites.
The potential for growth in crypto-based domain names is vast. With the rise of decentralized finance (DeFi) and non-fungible tokens (NFTs), the demand for relevant domain names is increasing. Furthermore, domain names can be used to create a side hustle in cryptocurrency, providing a passive income stream. For example the key words “Buy Crypto” receives around 10,000 monthly searches in the US alone making the domain name BuyCrypto.net an attractive asset to own.
In conclusion, buying crypto-based domain names presents a unique opportunity for entrepreneurs and investors to tap into the growing cryptocurrency market. By understanding the basics, opportunity, and potential of crypto-based domain names, individuals can set up a lucrative side hustle in cryptocurrency. Whether you’re looking to create a cryptocurrency exchange, wallet, or news site, investing in crypto-based domain names is a great place to start.
Check out hand picked crypto based domain names at CoinDomain.store.
Recent Domain Sales
KOKO.com $1,000,000 Atom
MadeInIran.com $250,000 Private
X.game $160,000 Sedo
69Bet.com $140,000 Sedo
Blueprint.ai $130,000 Booth.com
Auger.com $125,000 Atom
Snitch.com $100,000 Afternic
Spring.net $100,000 LegalBrandMarketing
FG.org $95,000 Sedo
Twin.ai $95,000 Sedo
TextFree.com $81,102 Sedo
Travelfun.net $81,000 Sedo
27Bet.com $80,000 Sedo
UpSign.com $60,500 Sedo
Toro.ai $55,000 Namecheap
Via.ai $47,000 Namecheap
LandWolf.com $42,069 Sedo
Voice.art $40,000 Atom
Domain Name News
- Edmonton Oilers Win Cybersquatting Dispute: The Edmonton Oilers hockey club has won a cybersquatting complaint it brought to disrupt an invoice fraud scam.
- Manufacturing Company Tries to Reverse Hijack Domain: Mangels Industrial S.A., a manufacturing company in Brazil, has been found to have tried to reverse hijack the domain name.
- GoDaddy Sued Over Expired Domain Purchase: A Swedish company has sued GoDaddy after a domain it purchased in an expired domain auction was clawed back by the registrar nearly two months after it bought it.
- Radix Sets Record for Premium Domain Revenue: Radix has published its premium domains report for the first half of 2024, and it was the best half the registry has ever had when it comes to premium domain sales.
- Ethereum Name Service Drops Lawsuit: Ethereum Name Service (ENS) has formally dismissed a lawsuit it filed regarding the domain name eth.link.
- Amazon Launches .deal and .now Top Level Domains: Amazon is finally launching a couple more of its top level domain names.
- Textron Loses Another “Oki Data” Case: Textron Innovations Inc., the maker of airplanes and airplane parts including Cessna and Beechcraft, has lost another cybersquatting case under the Oki Data precedent.
- Sedo had a lot more sales over $2,000 this week than in a typical week, including a janitorial supply company, a maker of electronic fish bait, and a tracksuit seller buying domain names.
- A stablecoin operator, a building supply company, and a business that sells used golf clubs bought domain names.
Launch of our new weekly newsletter The Side Hustle Report.
If you are a budding entrepreneur looking for your first or next idea this is the newsletter for you.
Here is an extract from Edition #1 of The Side Hustle Report.
Read Edition #2 of the Side Hustle Report here, where we look at a side hustle in weighted hula hoops and home valuations.
You can also listen on Spotify here.
The Side Hustle Report — Edition #1
Own Your Category — Neck Pillows and Solar Power
This is the first edition of The Side Hustle Report, the newsletter aimed at budding entrepreneurs in search of a new business idea for a side hustle or two.
Why do we believe there is a need for a weekly newsletter with all the ample resources available on the internet?
Ideas are ten a penny
Ideas are ten a penny. What we look to do is not only provide you with an idea but a ‘package’ of essential resources. These essential resources include a brand name and a premium domain name. The domain name is the most important element of this ‘package’. These resources make our strategy unique in the side hustle space. It allows an entrepreneur to set up a business with minimal capital and benefit from potential customers from day 1. This sets us apart from the usual ‘experts’ who will suggest setting up a business in one or more popular areas such as drop shipping, self publishing a book on audible or selling your services as a self help coach. These are all potentially viable ideas, not particularly unique and definitely with no competitive advantage.
Yes, you can buy a course on how to drop ship, but in order to succeed you need an angle, a competitive advantage. We will provide that.
About Us
A little about us. We operate DomainMoonshots.com. As the name suggests we are a domain listing platform that features an array of quality domain names all of which we believe represent excellent opportunities for a side hustle or startup.
What do I know about startups and side hustles? To start with, I published a book on the subject called Reality Distortion — 100 Startup ideas. I am also an entrepreneur having set up numerous businesses from online gaming to vending, from health clubs to bars, so I know a thing or two about side hustles and startups.
Finding inspiration for a side-hustle or startup can be a challenging task. However, with the right resources, entrepreneurs can uncover innovative ideas that have the potential to succeed. That’s where the Side Hustle Report comes in. We look to provide at least two business ideas each week.
In this week’s report we look at two business ideas which are backed by both affordable and attractive domain names.
The Power of Domain Names
Why do domain names play such a pivotal role in our strategy? For a few reasons. Owning a good domain name reduces the risk of a new venture. Remember, we are talking about side hustles here. Our aim is to provide ideas that can generate regular income with a relatively small investment and minimal effort, although the last part of the equation could well change as your side hustle grows together with your ambitions!
By buying an exact match domain name for a popular search term this should allow you to generate significant traffic to your website with minimal marketing spend. The biggest challenge for any new business is building customer leads and sales. In most cases you will need to spend heavily on marketing to generate your first sale and develop a loyal customer base. Our strategy allows you to short cut this process.
You will see the power of exact match domain names with this week’s featured side hustles where the domain name is an exact match for the product behind the business. Let’s take the example of a Neck Pillow. That term receives over 60,000 monthly searches (Source: Wordstream). The .net extension is the second most popular domain extension behind the .com and should rank high on Google when searching for the term “Neck pillow”.
Let’s say 10% of the searches lead to a visit to your site, that’s up to 6,000 visits a month. Now taking the average cost per click of $1.16 (Source: Wordstream) that’s nearly $7k a month in free advertising for your new venture. That’s a major kick start for any new venture. Of course buying the domain name at the right price is key to this strategy and that is what our platform DomainMoonshots.com is all about.
So, having given away part of the story by revealing our first potential side hustle, let’s get stuck in…
Side Hustle Idea #1
DOWNLOAD THE SIDE HUSTLE REPORT HERE
Latest Podcast
Podcast #3 — Own Your Category — WeightedHulaHoop.com, SolarRoof.net and SolarQuotes.org
This is episode three of Domain Moonshots, the show that seeks to find hidden gems in the premium domain name market. Today’s show is aimed at entrepreneurs either in search of a new business idea or looking to expand their existing business.
The theme of today’s show is, Own Your Category.
New To DomainMoonshots.com
Recently added domain names to DomainMoonshots.com include:
Price: $2,999
Registrar: GoDaddy
Price: $2,899
Registrar: GoDaddy
Price: $995
Registrar: GoDaddy
Price: $1,250
Registrar: GoDaddy
Latest Article
Inspiration for your Next Side-Hustle or Startup
10 ready made business ideas from DomainMoonshots.com
Resources
AI Articles — How to make money buying into the AI domain name gold rush
How to Make Money Buying Domain Names articles
We examine various sectors and explore available domain opportunities including:
- Marijuana
- Cryptocurrency
- Drinks
- China
- Life Coaching
Listen to our podcast Domain Moonshots, the show that searches for premium domain names perfect for launching a business or building a portfolio of quality domain names. This week we talk about CreatorCoin.net, a domain name that is a crown jewel in its space, with the .com being owned by X/Twitter and HomeCook.org a name that receives over 14,000 keyword searches every month.
We also operate CoinDomain.store and MarijuanaDomain.store
These platforms are designed for the end user with a great idea or someone looking for that spark. However, let’s not forget the domain investor searching for valuable domain names in growth markets. There are few markets that are experiencing the phenomenal growth of cryptocurrency and marijuana. Check out some of the best available domain names in the crypto and marijuana market.
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