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March 13, 2018

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Crypto.com Owner Says Stop Calling! No Interest in Multi-Million $ Offers and No Fan of Cryptocurrencies

A very interesting new article about the Crypto.com domain name and its owner, written by Adrianne Jeffries, was published at TheVerge.com today. I found out about it when Adrianne contacted me shortly before publishing the piece to get some background on current market conditions for cryptocurrency related domain names. As you all know they have become very popular with some selling for millions of dollars (like ETH.com for $2 million last fall). 

Matt Blaze, an Associate Professor at the University of Pennsylvania and a leading expert on cryptography (he has a Ph.D. in computer science from Princeton and over 41,000 followers on Twitter), happens to own what may be the best domain in the entire category in Crypto.com. With the boom in cryptocurrencies Blaze has been besieged by people trying to buy the domain from him and he is not happy about it -  especially since

Crypto.com Owner Matt Blaze
(Photo from Twitter)

he insists the name is not for sale at any price - and especially not to anyone who would use it for cryptocurrency purposes. Blaze even has a warning notice on Crypto.com stating "Many cryptocurrencies are scams, and I strongly advise against their use as investment vehicles."

Reporter Adrianne Jeffries

Blaze also bemoans how the cryptocurrency frenzy has muddied the original meaning of "crypto" which is the root of the information security science of cryptography - his specialty. Blaze wrote on Twitter, “I think calling cryptocurrencies ‘crypto’ is a poor choice, with bad consequences for both cryptography and cryptocurrencies. That doesn’t mean I’m some kind of language prescriptivist, and your saying that ‘language evolves’ or other such prattle doesn’t invalidate my concerns.” 

As hard as it may to be imagine someone saying no thank you to a multi-million dollar payday, I have no doubt Blaze is sincere. In academic circles there are a lot of brilliant people for whom money is not at the top of their priority list (my daughter happens to be a UPenn graduate so I  had the pleasure of meeting many of them on the same campus where Blaze now works). So, despite the old adage that "it never hurts to try," it probably is a waste of time where Crypto.com is concerned. It will not be a waste of your time to read Adrianne's fascinating full article here though! 

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