Namezage Marketplace is the best place to find potential buyers for resellers and the best domain names for other users.
Namezage is for everyone; anyone can buy metaverse domains at a low cost and resell them on the marketplace. However, not everyone gets the best out of these opportunities.
If you are a metaverse domain reseller, here you can find out the best practices to follow to utilize the Namezage marketplace and win your game as a pro seller.
These are the primary issues we will address here. Along with that, we will discuss how to analyze the history of web2 domain flipping, and the current metaverse domain marketplace to find the best solutions. So, let’s gear up to learn more.
When you choose a metaverse domain for flipping, these are the two main things you need to think about,
When it comes to choosing a metaverse domain, domain extensions are an unavoidable factor. However, as metaverse domains still have only four domain extensions, we are not going to talk about them much.
Simply, .z is the best choice for domain flipping, and .x is the best alternative to go with. .meta is ideal for a metaverse-related target audience and .web3 for a web3-related target audience. That’s all you need to begin with.
To find the best domains to flip in the Namezage marketplace, it's important to understand the history of the web2 domain flipping market. Most importantly, the behaviors in the early stages. It can provide you with the best insights rather than anything else.
This means researching past sales, looking at patterns in pricing, and identifying trends in demand for different types of domains.
With this knowledge, you'll be better equipped to spot the domains that are likely to be most profitable in the Namezage marketplace. By analyzing the web2 domain flipping history, you'll be able to pick the right domains that have the potential to skyrocket in value over time, making them ideal for flipping.
Explore the web2 domain flipping history to see if you can spot these behaviors.
In a conclusion, you have to choose metaverse domains that are,
With that knowledge, now you can explore the “recently sold domains” page in the Namezage marketplace. You can identify the patterns and trends of the current metaverse domain marketplace too.
It is not a surprise to see the same results as we discovered in the early stages of the web2 domain flipping market.
Now, you can decide what type of domains you have to start hunting for.
To find the right answer you can do the same thing as above. By analyzing the web2 domain flipping history and current metaverse marketplace, you can save time and avoid the struggle to find the right prices.
At the earliest stages of web2 domains, There wasn't a noticeable competition as it took some time for people to fully understood the potential of web2 domains.
As the industry grew, domain reselling prices increased to hundreds of thousands of dollars, which could only earn a few dollars at the start.
Guess how much someone would have paid for a domain in those earliest stages. It could appear ridiculous for someone to expect thousands of dollars for a domain during that time.
From that point, the web2 domain flipping evolved into the current stage where people often spend thousands and millions over a single domain.
The main difference is we can’t use the same prices as in the history of web2 domains. The beginning of web2 domains is a few decades ago and the world has moved a lot forward now, including the value of internet-related things.
The next main difference is it took many years for web2 domains to develop a dominant audience as many people didn't know the potential at the beginning. But, even though the metaverse is a new concept, people know the value and impact of a domain name system.
So, it doesn’t take decades for the metaverse domain flipping market to grow up, or even surpass the web2 domains in demand and value.
With this knowledge, you only need an idea about the ideal price to start. Then you can increase the prices as the industry is going forward.
The “Recently sold domains” page in Marketplace is where you can grab the right idea for pricing. You can explore the prices for each type of domain we discussed above. Which are dictionary words, trending words, and simple memorable domains.
You can identify the pattern as you are diving into the data.
So, now you can start metaverse domain flipping in the Namezage marketplace with a fully prepared domain portfolio with ideal prices.