We got another
important perspective on Q3-2021 sales results from the 21st
edition of the GGRG
Brokerage's latest quarterly Liquid
Market (LMX) Report. As most of you know, GGRG focuses
on short acronym and numeric .com domains that, due to their
popularity, offer a level of "liquidity" that most other
domain categories do not.
In the new release,
GGRG Founder Giuseppe Graziano reported that Q3-2021 was a
record quarter with over $12 million in 2-letter .com
sales. The record in 2L .com sales contributed to make Q3-2021
the best quarter since the LMX Report was launched in 2016. 96%
of the liquid sales reported by Escrow.com came from those
with the highest development index - 2L (30%); 3L (24%); 4L
(12%) and 2-character (18%).
Graziano noted,
"In addition to the growth of the digital space and the
increased money supply in response to Covid, the record quarter can
also be explained by the growing attention to digital assets thanks
to the NFT space. For people already investing in the crypto
and NFT spaces, it’s easier to see domains as an alternative, already
established digital asset.
Again we haven't even
scratched the surface of the range of data covered in the full
report, so you will want to see it all for yourself here. |