Tokens.com Acquired in 2020 for NFT Project

Voice.com is transitioning to an NFT platform, and another high-value domain, Tokens.com, is doing the same.

Originally acquired by security token startup Polymath in 2018 for $500,000, Tokens.com represents one of the best cryptocurrency-related domains that has taken on new meaning with the emergence of NFTs (non-fungible tokens) as a trend.

Tokens.com is now home to a Proof-of-stake (PoS) company that has branded around the Tokens.com domain. According to the Tokens.com website, it “provides investors with a simple and secure way to invest in the cryptocurrencies that power Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs).”

The new Tokens.com is lead by Andrew Kigul, and Polymath’s former CEO, Trevor Koverko. A spokesperson for Tokens.com confirmed to me that the company acquired the Tokens.com domain from Polymath in 2020, a feat that was likely easy to achieve given Koverko’s involvement in the project.

Here is the full quote from Tokens.com’s spokesperson:

The domain belonged to Polymath, which is majority-owned by one of Tokens.com’s co-founders. The domain had been parked there for several years at Polymath waiting for the right project. With the rise in NFTs and the crypto resurgence, it was a perfect domain for Tokens.com’s Staking business. The company negotiated a private sale to transfer the domain from Polymath to Tokens.com in 2020.

 

About James Iles

James Iles is a domain name industry writer and publisher of JamesNames.com. You can contact me here, or follow me on Twitter @jamesiles.

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Mark Thorpe
Mark Thorpe
1 month ago

🙄SMH