OpenSea sold the “apple.eth” ENS domain name for 0.1 eth around six months ago. The name has been offered for 100 eth or around $121,921.00 on June 2022.
After ENS announced a limited.eth domain name NFT collection, many collectors hurried to get one.
The Ethereum Name Service (ENS) is a domain name provider for the Ethereum blockchain that provides names with the “.eth” suffix that may be used as a simpler, more user-friendly alternative to standard Ethereum wallet addresses. Traditional cryptocurrency wallet addresses are often large strings of numbers and characters.
Anyone may pick a unique domain name and mint it as an NFT for certain Ether currencies using ENS. Short three or four-character names, such as nft. eth or defi. eth is claimed to have a limit of 10,000 possible choices.
According to ENS, it is the most frequently used blockchain name standard. As of now, the project has 825K unique.eth domain names registered by 349K people.