By Jon Russell
Highly-prized domain name Crypto.com has been sold!
Registered in 1993 by Matt Blaze, a professor of computer and information science at the University of Pennsylvania who sits on the board of directors of the Tor Project, the domain has attracted a vast amount of interest as you’d expect given the explosion of crypto in recent years. However, Blaze has turned down all offers.
In January, Blaze repeated that the domain was “not for sale” and that people shouldn’t both to contact him — as The Verge noted — however fast forward to July and he has parted with it after Monaco, a crypto project best-known for developing a crypto debit card, bought the domain in an undisclosed deal.
Experts told The Verge that Crypto.com could have attracted as much as $10 million, however Monaco CEO Kris Marszalek declined to go into the specifics.
“If it was only about money he’d have sold it a long time ago,” he told TechCrunch in an interview.
Hong Kong-based Monaco’s ICO finished in June 2017 with the company raising what was then worth $25 million in crypto. Fast forward today and Marszalek said the firm has close to $200 million on its balance sheet thanks …read more
Source: Tech Crunch