Buyer of Sun.io for $49,995 Revealed

Earlier this week, domain investor and broker James Booth revealed that he had completed the sale of the domain Sun.io for $49,995:

https://t.co/IEDVdyhNJD SOLD for $49,995 – Thank you @rsardeha and @Undeveloped

— James Booth (@DomainBooth) August 31, 2020

The WHOIS data for Sun.io still shows the name is officially in Escrow, but the nameservers have been updated to display a website for Sun Finance, which is described as “a social experiment dedicated to the advancement of TRON’s DeFi.”

The Sun Finance project seems to be linked to the founder of the cryptocurrency platform TRON, Justin Sun, who is also listed as the CEO of BitTorrent.

According to Sun Finance’s Twitter page, genesis mining of $SUN starts on September 2nd (today), and the Sun.io domain name will be used in conjunction with Sun.market to allow users to join the mining efforts:

$SUN 🌞now has another domain: https://t.co/6selkiJz5g

After the Genesis Mining officially launched at 21:00 Sep02, 2020(HKT), all users can join through 2 domains:

1⃣https://t.co/B0I4eH4BuQ
2⃣https://t.co/6selkiJz5g

— SUN Market (@SunMarket_DeFi) September 2, 2020

The company has created a Medium post detailing Sun and its genesis mining program, for anyone interested in that.

After selling Sun.io, James still owns a handful of premium .IO names. According to his DomainBooth.com site, those names currently include Empire.io, Smart.io, and Alphabet.io.