Community post
Amazon just bought three crypto domains - Why?
Amazon just bought three domain names related to cryptocurrency.
Amazon registered three new cryptocurrency-related domains:
amazonethereum.com
amazoncryptocurrency.com
amazoncryptocurrencies.com
Amazon already owed the "amazonbitcoin.com" domain name.
What do you think? Please comment, upvote and share. All who do will be followed.
Replies (6)
Hopefully just in time for the holiday shopping. Great sign. Did they have one for bitcoin before? It could be a defensive move for the future to avoid others buying them and trying to sell them if it's not an infringement on their company name.
I would not draw conclusions. We don’t know where this space could go, so better have some domains available in case you suddenly decide to do something.
Because they are getting in on the Bandwagon
Interesting that they have a purely "cryptocurrency" and "cryptocurrencies" domains. It seems that maybe they're thinking of more than just using crypto to buy goods? Who knows. But a positive sign for the space when such a big player like Amazon is getting involved!
That's actually pretty interesting :-)
Hi @swissclive. I agree. No conclusions can yet be drawn. Amazon has a lot of incentives to utilize blockchain technologies and it doesn't hurt to spend $8/year on a few domains as a defensive measure... Much easier than going through litigation to get names back such as the person who is squatting on Wholefoodscoin.com. I'm now following you and I give you a 17% upvote on your comment to match your upvote on my post. :-) Hope you come back and, if you're feeling daring, maybe even give me at 100% upvote just for fun! Cheers @ thoughtchain