The highest price is 4.3 million,taking stock of the three-letter domain names that have been sold at high prices this year

Investment 31 Aug 2023 10:14:47 AM By:DN platform editor
Abstract:

Recently, the three-letter domain name PDN.com completed a transaction for $143,000 (approximately 1.03 million RMB). Three-letter domain names are favored by Fortune Global 500 companies due to their simplicity and memorability.The renowne

Recently, the three-letter domain name PDN.com completed a transaction for $143,000 (approximately 1.03 million RMB). Three-letter domain names are favored by Fortune Global 500 companies due to their simplicity and memorability.

The renowned foreign domain name information platform DN Journal compiled a list of the top 100 domain name sales in 2023. The data reveals that four out of the top 10 domain names were three-letter domains, accounting for 40% of the list. The top-ranking three-letter domain name was ECL.com, sold for $600,000, approximately 4.3 million RMB. See the chart below:

The highest price is 4.3 million,taking stock of the three-letter domain names that have been sold at high prices this year

Top 10 Domain Name Sales Chart for 2023 (January to Present)

The volume of transactions involving three-letter domain names is increasing, and the transaction amounts depend on the meaning of the domain name. The following data presents the top 6 global three-letter domain names for the first half of 2023. (Public data as of August 4th.)

The highest price is 4.3 million,taking stock of the three-letter domain names that have been sold at high prices this year

Top 6 Three-Letter Domain Names in 2023, Source: namebio

1. ECL.com

Registered in January 1997, ECL.com was sold for $600,000 on March 26, 2023, approximately 4.3 million RMB. According to the seller K-Ventures, the buyer of this domain name is from Asia.

ECL could stand for "Earth Chemistry League" or "Esports Champion League," among other meanings.

2. PFP.com

Registered in March 2000, PFP.com was sold for $355,000 on February 21, 2023, approximately 2.53 million RMB.

PFP holds multiple valuable meanings. In the realm of digital collectibles, PFP specifically refers to "Profile Picture." It holds significant commercial value and commonly includes elements like monkeys, humans, cats, dogs, etc.

The highest price is 4.3 million,taking stock of the three-letter domain names that have been sold at high prices this year

3. TXT.com

Registered in July 1990, TXT.com was sold for $300,000 on January 27, 2023, approximately 2.15 million RMB.

"TXT" is a well-known text format associated with Microsoft's operating systems. It's one of the most common file formats. In Chinese, TXT could mean "Worldwide Communication" or "Promotion Channel."

The highest price is 4.3 million,taking stock of the three-letter domain names that have been sold at high prices this year

4. HDL.com

Registered in March 1995, HDL.com was sold for $260,000 on June 5, 2023, approximately 1.86 million RMB.

HDL holds meanings like "Haidilao" (a popular hotpot restaurant chain) and "Red Lantern." It's distinct from "HD.com" owned by Hyundai Heavy Industries. The additional "L" adds considerable commercial value.

5. PDN.com

Registered in June 1997, PDN.com was sold for $143,000 on August 4, 2023, approximately 1.03 million RMB.

Due to the original owner's failure to renew "PDN.com" in time, the domain name was re-registered on August 1st this year. After several rounds of auction bidding, it was finally sold for $143,000. PDN.com stands for "Public Data Network" and also has meanings like "Auction Computers" and "Pudong Bull."

6. COA.com

Registered in March 1998, COA.com was sold for $140,000 on February 10, 2023, approximately 1 million RMB.

COA could stand for "Chart Of Account" or "Certificate Of Authenticity." It has broad applications and holds significant commercial value.

Many Fortune Global 500 companies tend to choose three-letter domain names for their brand domains. It's anticipated that in the coming years, with the rise of digital transformation and artificial intelligence, the demand for three-letter domain names will further increase.

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The highest price is 4.3 million,taking stock of the three-letter domain names that have been sold at high prices this year