Bob Hawkes, a well-known domain analyst, published an intriguing analysis on the business forum Namepros concerning domain name deals for $1 million. Many domain investors, especially novices, have the fantasy of registering a popular domain name and becoming mega rich by selling it. But putting it into action is incredibly challenging. It would be fantastic if Hawkes' findings helped at least one person achieve this success, though.
You should be aware that there aren't many million-dollar purchases involving domain names. Only 156 of them have been registered between 1999 and the present (hereinafter, we are talking about transactions, information about which exists in the public domain and is included in the NameBio resource database). 2019 saw the greatest selling of the Voice.com domain for $30 million, while 2021 saw the most seven-figure domain acquisitions (more than 15). The year 2000 comes in second in terms of the number of millions of transactions, thus this does not necessarily suggest that the likelihood of winning a large jackpot will increase.
Deals above a million dollars predominately include domain names in the.COM zone. There are just 5 exceptions: 2 in the British national domain, 1 in the German national domain, and 1 each in the.ORG and.XXX domain zones. Moreover, you should be aware that the majority of domain names costing $1 million or more only have between 2 and 7 characters. English words and Latin letters make up the great majority. The list only contains 6 "digital" names, 4 of which have two characters and 2 of which have three. There aren't any names that contain a hyphen or are made up of a mix of letters and digits.
In conclusion, it should be highlighted that the majority of the websites hosted on domains costing $1 million or more are financial resources, ranging from banking services to cryptocurrency initiatives.
