The .xyz top level domain name has become a popular choice for web3 projects. However, most .xyz domains that sell for big bucks do not contain web3 terms.
.xyz domain sales have reached 18 five-figure levels this year as of May. There are mainly one-word domain names like curious.xyz, beem.xyz, and vessel.xyz.
There is only one domain in this list that has a hint of web3 in the second level domain – storyverse.xyz.
Because .xyz is synonymous with web3, adding a web3 term may be redundant in some ways.
However, when it comes to what people hand-register in .xyz, they completely embrace web3 terminology. Last month, these were the most popular words registered in .xyz:
More than half of these terms refer to web3 in some way.
In conclusion, there are two possibilities. The big ticket aftermarket sales are one-word brandables, where people are hand-registering domains with these terms. A domain investor who is looking for a big payday might be registering the wrong kind of domain.