Domain Names Are Fueling the Latest NFT Craze on Ethereum
In the past week, Ethereum domain name sales on OpenSea are up nearly 2,300%, as users rush to buy highly coveted, and scarce, three and four-digit names.
The Ethereum Name Service (ENS) is a domain name provider for the Ethereum blockchain. The ENS is controlled by a DAO, or decentralized autonomous organization, which uses governance tokens to make collective decisions. It has close ties to the Ethereum Foundation and has been around since 2017.But this week, Ethereum users have taken to speculating on the future value of three and four-digit ENS domain names.
Source
t.me/Nfts_Daily
