ENS Business: How the Domain Name Degens Got Rich?

In recent months, ENS domain names have continued to heat up. The wave after wave of domain names such as company name domain names, digital domain names, first or last names, Emoji, etc., made ENS once jumped to the top of the NFT series 24-hour transaction volume list. In the past month The transaction volume is second only to BAYC, ranking second, reaching over 13,000 ETH.

Based on Nansen data and ENS.Vision, Foresight News lists and analyzes the monetization methods of the top 8 addresses that have realized profits in ENS domains (filtered for wash trades), as well as data on domain name categories and other NFT series held. The analysis found that some addresses can achieve huge profits by relying on only one or two domain names; some addresses registered digital domain names in the early stage and made profits in the near future at prices far higher than the registration price; a few addresses turned over on the secondary market. Price, profit-taking; there are also addresses that have potential domain names squatting by monitoring expired domain names.

ENS Business: How the Domain Name Degens Got Rich?

Source: Nansen (one piece of data has been excluded from the analysis below)

Realized Profit Ranking No. 1: 650 ETH profit from three-digit domain name

According to the statistics of Nansen, 812.eth (Twitter account @GammaPure) is the most profitable address in terms of ETH standard, reaching 646 ETH, with a profit rate of over 6000%.

ENS Business: How the Domain Name Degens Got Rich?

Source: Nansen, Note: Realized Profit (Total Profit) = Income – Expenses, Income is the amount earned by the seller before deducting marketing fees

The 812.eth address has registered nearly 60 domain names since November last year, most of which are three-digit domain names and three-letter domain names, mainly profiting from the sale of three-digit domain names. A total of 37 domain names have been sold since 5 months ago. Three-digit domain names, the nine three-digit domain names sold in the past three weeks are all priced between 30 ETH and 43 ETH.

ENS Business: How the Domain Name Degens Got Rich?

Source: Nansen

At the time of writing, @GammaPure holds 21 domain names, of which 8 are three-digit domain names, and 12 are three-letter domain names. The current floor price of three-digit domain names is 37 ETH.

No2: Ranked No. 2 with only one domain name, 000.eth

The second place in the list of realized gains is kimjonghyung.eth, and the domain name should be Korean. kimjonghyung.eth jumped to the second place with only one domain name of 000.eth, the transaction price of 000.eth reached 300 ETH, the realized profit was 297 ETH, and the profit rate reached more than 100 times. This address currently only holds the domain name kimjonghyung.eth.

ENS Business: How the Domain Name Degens Got Rich?

Source: Nansen

No3: 36x profit margin with three-digit domain names

Similar to the first list, the 815.eth address also registered more than 20 three-digit domain names 10 months ago, and almost sold out from April to July, earning about 198 ETH in revenue, with a profit margin of more than 40 times . At present, there is only one three-digit domain name of this address, 815.eth.

ENS Business: How the Domain Name Degens Got Rich?

Source: Nansen

No4: 110 ETH income from two domain names, sumsung.eth and starbucks.eth

The way bbn.eth makes money is completely different from the previous three. It relies on two domain names, sumsung.eth and starbucks.eth to achieve 110 ETH of income, and the rest is made by selling letter combinations, words and several five- and six-digit domain names. .

bbn.eth spends a total of 55 ETH on ENS, and the income and profit are 194 ETH and 138 ETH respectively, and the profit margin is relatively low, about 331%. bbn.eth currently holds 1,304 domain names, mainly obtained through registration, and some purchased through the secondary market. Currently, 12% of the purchased and registered domain names have been sold. The alphabetic domain names purchased or registered by bbn.eth are also worth learning from.

ENS Business: How the Domain Name Degens Got Rich?

Source: Nansen

No5: 125 ETH profit with three-digit and four-digit domain names

418.eth spent a total of 21 ETH on ENS and earned 146 ETH. It also mainly made profits from three-digit domain names and four-digit domain names. Currently, there are only two digital domain names left, 418.eth and 948.eth.

Compared with the previous major ENS domain name holders, 418.eth also holds more types of NFTs, including mfers, Dooplicator, Meebits, Azuki, Doodles, and MAYC. The total income on NFTs is 314 ETH, and the total cost is 450 ETH.

ENS Business: How the Domain Name Degens Got Rich?

Source: Nansen

No6: 112 ETH income from ensmaxinft.eth alone

The sixth-ranked address on the realized profit list only achieved sixth-place status through ensmaxinft.eth, which traded for 111.69 ETH in July.

No7: Relying on ❤‍?.eth to achieve 100 ETH income

The total realized profit of 113.eth on ENS is 94 ETH, mainly due to the 100 ETH transaction price of the Emoji domain name ❤‍?.eth. 113.eth currently holds 79 domain names, mostly word and monogram domain names, as well as several Emoji domains, and its holdings of 113.eth were purchased 9 months ago for 0.11111 ETH.

113.eth is also an NFT Degen. He has conducted trading activities in CloneX, CryptoToadz, Archetype|Art Blocks Curated, Loot, Murakami.Flowers Seed, Murakami.Flowers Official, CryptoPunks, CyberKongz VX, Doodles and other NFT series. The total revenue in the NFT field is 2530 ETH and the total expenditure is 2570 ETH.

ENS Business: How the Domain Name Degens Got Rich?

Source: Nansen

No8: The largest sale was 003.eth, the transaction price was 83.5 ETH

158.eth earned 148 ETH in ENS, and the largest sale was 003.eth (the transaction price was 83.5 ETH), but the expenditure was also relatively high (56 ETH). Fantom.eth and tnt.eth were purchased in the secondary market. , hobby.eth, remain.eth, wish.eth, 5555.eth and other domain names, and also registered the sand.eth domain name at a premium of 6.42 ETH. 158.eth currently has sold 2.35% of the number of purchased and registered domains.

ENS Business: How the Domain Name Degens Got Rich?

Source: Nansen

At present, the 158.eth address holds a total of 325 domain names, including digital domain names such as 788.eth, 158.eth, 186.eth, 188.eth, and domain names such as words, word combinations, and letter combinations.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/ens-business-how-the-domain-name-degens-got-rich/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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