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Writer's pictureRaymond Chai

Hiicoin.com - Why Did a Company Spend $1.5 million on a Domain Name?



" Most domain names are cheap. Namecheap sells .com domains for about ten bucks a year. Even more expensive domain endings, such as .io, are under fifty bucks. So why did online marketing company Sumo pay $1.5 million to change its domain name from SumoMe.com to Sumo.com in February? Below we’ll take a look at the rationale and what we can learn from high-dollar domain sales like this one. " - Read Full Article


Source: NameCheap




Why Did a Company Spend $ millions on a Domain Name?

TESLA.COM

" Elon Musk spent $11 million ( 0.1% of Tesla net worth ) to buy Tesla.com "

VOICE.COM

" Block.One spent $150 million to build its social media platform VOICE, $30 million ( 20% of capital cost) spent on purchasing Voice.com " - TheBlockCrypto

CALIFORNIA.COM

" One Planet Ops spent $3 million ( 7.5% of annual revenue ) to buy California.com ( including 10 other domains)

One Planet has $40M in estimated revenue annually - Crunchbase

EKO.COM

" Eko Bulgaria spent $1.5 million ( 0.29% of annual revenue ) to buy Eko.com

Eko Bulgaria's revenue grew to 559.2 million in 2018

MINT.COM

Mint paid about $8 million to move from MyMint.com to Mint.com.

Mint has $13M in estimated revenue annually


Voice.com - 30,000,000 USD - 2019 - Private

California.com - 3,000,000 USD - 2019 - VIP Brokerage

Eko.com - 1,500,000 USD - 2019 - Uniregistry

Rx.com - 1,000,000 USD - 2019 -  Sedo


HIICOIN

Next Billion-Dollar Tech Startups 2019 - Read Here

" Hiicoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Hiicoin network without the need for intermediaries. Hiicoin can be used in all trades in Fintech payments method, funding, loans, real estate, fine art, retail etc  "

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 Hiicoin ideal for Tech Startups . Digital Currency, Crypto Exchange, OTC Trading, Crypto Payments,

Benefits:

Instant Brand Recognition

Instant Trust and Authority

Category killer brand name 

Keyword rich and SEO benefits

Highly generic keywords​

Accelerate value creation

Reduce marketing cost

Highly brandable​​​

Ignite a business


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