Big news! With an average price of millions,ultra-rare single-letter domain names are coming.

Industry Information 16 Sep 2023 04:17:31 PM By:DN domain name editor
Abstract:

Certainly. Here is the translation of your article into English:Single-letter domain names, due to their scarcity, have extraordinary value, and whenever there's a transaction involving such domains, it inevitably garners significant attent

Certainly. Here is the translation of your article into English:

Single-letter domain names, due to their scarcity, have extraordinary value, and whenever there's a transaction involving such domains, it inevitably garners significant attention. Recently, a premium single-letter domain, i.cc, has gained widespread interest as it was reported to have been successfully sold.

Big news! With an average price of millions,ultra-rare single-letter domain names are coming.

i.cc was registered in 1997, boasting an impressive domain age. The domain's main character, "i," stands as the shortest word in the world, symbolizing various meanings such as "IT, international, Internet, insurance, information," among many others.

Furthermore, the ".cc" extension specifically signifies "Commercial Company," making it highly suitable for businesses across various industries to use for establishing their online presence. In a broader perspective, i.cc is one of just 26 single-letter .cc domains globally, known for its simplicity, memorability, wide range of applications, and substantial commercial and utility value.

While the exact transaction price for i.cc hasn't been disclosed, we can infer an approximate range based on previous transactions of similar single-letter .cc domains, which have often fetched substantial sums. For instance, in 2015, X.cc was sold for 1.85 million CNY; in 2016, D.cc sold for 4.29 million CNY; in 2018, U.cc fetched nearly 2 million CNY, while J.cc was sold for almost 4 million CNY, and S.cc had a bidding price of 2.31 million CNY.

Moreover, the majority of these 26 single-letter .cc domains are either privately held or actively used for websites, with limited circulation. Therefore, the recent successful transaction of i.cc underscores its exceptionally high value.

In today's fast-paced world, no one wants to spend time remembering a lengthy and complex domain name. This is where the advantages and value of single-letter domain names become evident:

Single-letter domain names are concise, easy to remember, and convenient to input. Coupled with their inherent scarcity, they are undoubtedly the best choice for companies looking to establish their brand image, expand their online traffic channels, and gain the trust of more users.

The companies that own such premium domains are few and far between, and most of them are industry leaders: T.cn for Sina Weibo, Z.cn for Amazon China, G.cn for Google China, D.cn for Dangle, T.co for Twitter, and T.tt, which Luo Yonghao once acquired for 2 million CNY, to name a few.

In summary, short and memorable single-letter, two-letter, and three-letter domain names are excellent choices for building online platforms. They offer the advantages of simplicity, memorability, and effective brand promotion. Regardless of the specific project they're used for, such domains tend to attract substantial user traffic and attention, bringing long-term benefits to businesses.

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Big news! With an average price of millions,ultra-rare single-letter domain names are coming.