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For
years now, people have been talking about the
possibility of "fractional" domain
ownership that would open the door to
investment in top tier digital assets that would otherwise
be beyond their financial reach. While the
idea has obvious appeal on the surface, it has
also raised a lot of questions, including who
maintains control of the fractionalized asset, who
decides when or if it will be sold to realize
gains, how can shares (in this case, tokens) in
the name be bought and sold? Well,
we are about to get answers to a lot of those
questions and they will come from a decision
made by two of the most widely-known and respected
veterans of the traditional domain investment
space - The Castello
Brothers - Michael and David
- who founded Castello
Cities Internet Network in 1998
(20 years ago, Michael and David were profiled in
a 2006 DNJournal
Cover Story). On
Wednesday, July 1, their category-defining
one-word .com domain - Smoothie.com
- will transition to fractionalized ownership
through the the groundbreaking Doma
Protocol for domain tokenization developed
by D3
in what will be the first major test of this
ownership model. David Castello noted, "Smoothie.com
is the exact-match category name for the global
smoothie industry, a market valued in the tens
of billions of dollars annually. The domain
has long been recognized as one of the most
valuable and memorable digital brands within the
health, nutrition, beverage, and wellness
sectors." |

Michael
Castello & David Castello

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