Reglikedomain industry desk

Will OpenSea.com sell tomorrow?

Will OpenSea.com sell tomorrow?

Auction for .com match of popular NFT marketplace closes tomorrow.

OpenSea logo with the word OpenSea in black and a white boat in a blue circle

There’s just one day left in Sedo’s GreatDomains auction and it will be interesting to see what happens on the final day.

The standout domain is OpenSea.com, a domain that few would have paid attention to a year ago. But the rise of NFTs has been centered around the NFT marketplace OpenSea, which uses the domain OpenSea.io.

The seller set a reserve of between $500,000 and $1 million. It would be a drop in the bucket for the OpenSea marketplace. It would help plug a potential security hole that not owning the .com creates.

So far, four different bidders have bid the domain up to $100,000.

Would someone other than the NFT marketplace buy the domain with hopes of cashing in? It would be a risky move. You’d be hard-pressed to pay the asking price for this domain and argue you didn’t have OpenSea.io in mind when you purchased it.

Portugal.com right now leads the auction with a $205,000 bid, but this is below its reserve range of $250-$500k. Bids under the reserve ought to be taken with a grain of salt since the bidder knows they won’t be on the hook to buy the domain.

The most expensive domain to hit its reserve so far is Comedy.org at £2,851.

Also on the wire

Other reporting from the domain desk.