AI domain name has unlimited potential,surpassing .IO at the height of its popularity

People in the domain industry know that back in 2021, .IO domains were a highly sought-after suffix, attracting domain investors. Now, with the emergence of .AI domains, the shine on .IO domains has dimmed slightly. However, they still remain popular.

A recent report from a foreign domain platform indicates that the sales of .AI domains are still robust.

Despite a decrease in the sales of .AI domains to $1.3 million in the third quarter of 2023, down from $1.8 million in the second quarter, overall, people believe that .AI domains are performing much better than .IO domains.

An interview was conducted with Mr. Matt Barrie, the CEO of the platform, who provided valuable feedback, detailing the metrics of the Domain Investment Index report for the third quarter of 2023.

Top 10 .AI Domain Sales in 2023:

Question: How does the current volume of .AI sales compare to that of .IO at its peak?

Matt Barrie: We've taken a look at the data, and it seems the current volume of .AI sales does eclipse the peak of .IO domains back in 2021. The .AI sales graph doesn’t also include all of the AI-related domains we’ve seen, such as the eight-figure sale of chat.com.

Comparing from just a TLD perspective, this is a stronger boom as .IO domains still remain relevant in 2023.

Top 10 .IO Domain Sales in 2021:

Question: At peak time, did .IO indicate that it would eventually lose its appeal among startups?

Matt Barrie: No, our data shows that these domains were still of interest to buyers in the early months of 2023. Sales of .IO domains do seem to be trending downwards when comparing it to 2022 figures and the peak in 2021.

Question: Are the high .AI sales per quarter this year following trends, up or down, in major crypto such as BTC?

Matt Barrie: AI domain sales have been on an uptrend since the start of the year, essentially following the boom of AI tech. They aren't following any trends present in the crypto space.

Question: With the (real) AI tech taking off, how often are .AI domains acquired as pure mirrors of this trend, as opposed to other, less trendy TLDs?

Matt Barrie: We are seeing .AI domain transaction volume mirror the trends we're seeing in the AI space. For example, we saw a big leap in .AI transactions during the months of September and October 2023 at the same time OpenAI introduced new features, such as speech and image input.

Overall, thanks to the rise of (real) AI technology, .AI domains are becoming increasingly popular. AI is becoming an integral part of our daily lives, influencing activities such as shopping, travel, and entertainment. Therefore, one of the hottest industries in the future is undoubtedly artificial intelligence. People with an investment perspective are already delving into understanding AI, and investing in .AI domains is one of the easiest ways for ordinary investors to participate in the AI boom.