By many accounts, this past year has been pretty excellent for domain name sales. I think the final numbers published on DNJournal and NameBio will reflect this. The sales numbers will only grow as domain name transactions are reported in SEC filings on a trailing basis.
It has gotten much more expensive to acquire domain names, but that is a natural result of a strong aftermarket. From my perspective, there are many sectors of the domain name aftermarket that grew this year. It’s not just a hot .com market.
This won’t go down as my best year of all time, but I think it will be one of the best years I’ve had when I finalize my accounting in the coming weeks.
So what’s in store for the new year? Truthfully, I have no idea. I would imagine the domain name space will continue to perform well into the new year, but I won’t predict how long the good times will last. I think a lot depends on various factors unrelated to domain names – interest rate changes, startup funding, cryptocurrencies, NFTs, and more.
I don’t like making predictions and generally decline to prognosticate when asked. I welcome you to share your predictions for 2022.
Original article: What’s In Store for 2022?
©2021 Domain Observer. All Rights Reserved.