Okay, it’s time to just come out and say it, .IO is on 🔥 As an early .IO investor I’m pretty darn excited to see what’s happening right now. When it comes to startups today, .IO is a go-to domain extensions and many startups top choice next to .COM, and the value of these domains is running at a crypto-level pace 🏃♂️
When I started investing in domains back in 2007, if a startup couldn’t get the .COM, they would move right onto the .NET. Today, you get the .IO or the .CO, maybe you venture onto a .CC or a .ME, but the reality is, if you’re a startup and the .COM of your name is not taken, you’re probably going with the .IO and .CO, that change happened 🤷♂️
So I wasn’t too surprised today to see Skin.io sell for $49,999. The domain was owned by Mike Carson’s company Humbly, and sold on his popular domain marketplace Park.io.
Whenever a see a solid premium one-word .IO name like this sell, I always take a look at the .COM. In this case, it looks like the .COM is doing a whole lot of nothing, which means that the new owner of Skin.io might not be able to afford it now, but they probably have their sights on it.
One interesting thing I’ve learned about one-word .COMs over the years is that the ones that don’t even resolve often have owners that are not motivated to sell and expect top-dollar for their domains. And I think they should ask top dollar for these – a premium one-word .COM is like a diamond, except it’s the only diamond of its kind on the planet.
At around $50k I would say the buyer got a great deal on this name, it’s a strong one-word .IO…and these are selling for six-figures all the time. I’m excited to see .IO adoption continue to grow, oh and as a .IO investor, it’s safe to say I have some skin in the game 😜