Socrate domain name was acquired for nearly 4.4 million yuan!

Recently, there has been significant activity in domain name transactions. According to reports from foreign media:

1. Socrates.com

- Sold for $600,000 (approximately 4.39 million RMB).

- Acquired by a web3 company for a substantial sum and is now operational. The name "Socrates" refers to the ancient Greek philosopher Socrates, one of the most important figures in ancient Greek philosophy, with profound influence on Western philosophy. The domain holds high historical and cultural value, likely attracting individuals interested in philosophy, education, thought, and wisdom.

- Registered in April 1994, Socrates.com has a history of over 29 years. The platform is described as a global web3 social media and entertainment platform based on the Polygon blockchain, combining Social-Fi and Game-Fi.

2. FreedomIndia.com

- Recently sold for $191,000 (approximately 1.39 million RMB).

- Registered in October 2002, with an update recorded on October 7th this year. The meaning of "Freedom India" suggests a concept related to a liberated India. The specific purpose of the domain, as it is not officially in use yet, remains unknown.

3. BetOnSports.com

- Recently transacted for $60,000 (approximately 432,000 RMB).

- Originally registered in August 1998, the domain was deleted on November 14th of this year due to the previous owner's failure to renew. It was subsequently re-registered and went through multiple rounds of domain bidding auctions, finally completing the transaction for $60,000.

- The phrase "BetOnSports" implies activities related to sports betting. As of now, the domain is not officially in use, and its specific purpose remains unknown.

With the rapid development of the Internet, domain names have become a focal point of attention. When evaluating the value of a domain, its meaning becomes a crucial criterion. Premium domains, much like an outstanding sales representative, serve as more than just a web address—they become a medium for a brand to convey its unique values, cultural significance, and business vision.