Sedo announced Thursday that .eth domain names can be bought and sold on their marketplace, the first domain name marketplace to offer this.
.eth domain names get a dedicated special service for transactions. During negotiations there will be a personal support representative. If there is an agreement between buyer and seller, Sedo will hand over the transfer to Escrow Domains which will ensure a smooth and secure transfer.
“Although .eth is not a ICANN accredited TLD in the traditional sense, we appreciate the innovative potential of this ending in connection with the current Crypto Currency trend. With some of our customers already active in this arena, we’ll be offering trading of .eth names on our international high-tech platform. This will at the same time also provide a new group of buyers with easy access to this inventory and service the supply and demand of all of our customers for future-oriented topics”, sums up Tobias Flaitz, CEO of Sedo GmbH.
Sedo has the world’s largest network of potential buyers, especially from the end user area. Combined with our international reach, selling your .eth domains on our marketplace makes it easy to put a spotlight on niche topics such as Ethereum and Blockchain. This brings .eth domains much closer to buyers that aren’t as familiar with the TLD, but are interested in crypto currencies.
So what are .eth domain names? They belong to the Ethereum Name System (ENS). The ENS is a distributed domain name system solution for the blockchain, allowing for readable addresses such as miller.eth or company.eth instead of using long strings which are confusing (think IP addresses, but even longer). .Eth Domains can be used for an Ethereum wallet in order to send or receive money, a smart contract or a swarm hosted site.
To find out more about the Sedo service see ens.domains