Main navigation

"Amazon" Ethereum Name Service Sells for $1,000,000

Tue, 19/07/2022 - 13:16
"Amazon" Ethereum Name Service Sells for $1,000,000
Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Ethereum name services have already disrupted the digital assets industry, as more brands, companies and influencers are looking for ways to plant their flag in the blockchain space by acquiring their own name service on the blockchain.


As the OpenSea page suggests, the ENS with the address of one of the world's biggest corporations is now selling at $1 million following the most recent bid placed on the market by an anonymous NFT investor.

Article image
Source: OpenSea

Back on October 18, 2019, someone purchased the "amazon.eth" ENS domain for 100 ETH worth approximately $20,000 at that time. Later in February 8, 2022, someone purchased the amazon.eth ENS domain for 33 ETH, or $102,000.

If the ENS domain finds a new owner, an investor who purchased the digital asset in February will end up with a 1,000% profit in only a few months. It is not yet clear if the deal will go through.

The anonymous investor who offered $1 million for the domain actively collects various ENS domains according to his own OpenSea page. The account also owns the domain "omozon.eth," which is similar to the name of Jeff Bezos' company.


The Ethereum Name Service is a naming system based on the Ethereum blockchain that transforms long and unreadable blockchain addresses into something a human eye can quickly process and type in.

ENS inherits and implements DNS technology on the blockchain while having a completely different architecture thanks to the capabilities of the Ethereum blockchain. By using ENS's web application, users can send ETH or interact with other name services while not having to go through remembering and pasting long blockchain addresses.


Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles