Finding good ENS names (.eth domains) for investment

The business of naming crypto wallets

What is an ENS? As complicated as blockchain is for most people, this actually makes it simpler and easier for us. It stands for Ethereum Naming Service, and in a nutshell, it’s a short readable username that you can use across decentralized apps (dApps) and other blockchains. 

To send or receive payments in cryptocurrency, people need a long public wallet address which is composed of a long string of letters and numbers that many of them wouldn’t even remember. One wrong letter or digit and the payment will end up in the wrong wallet. Using a long public wallet address is a hassle and requires extra effort, so this is where the ENS comes in. It's a short username, kind of like an email address, that will act as a substitute for the wallet address.

And like all usernames, no two domain names can be exactly alike. The “best” ones are short, easy to remember, catchy and relevant to the industry. Unlike an unreadable address, ENS names are brandable. The more sought after a domain name is, the higher its value as an investment. 

How to appraise ENS names and their value

The number one thing good names have in common is mass appeal. Yes, this is a popularity contest. High value names cost as much as they do simply because many people want them. Finding ones that will appeal to as many people as possible is key. These names will inevitably have many bidders, which is what will drive up their value. 

The second thing that makes these names valuable is their connection to money. Names that have an obvious relation to money, whether fiat currency or crypto currency, are highly sought after.  

The third thing that makes a name more valuable is its length, or rather, its lack of it. For ENS names, less is definitely more. Shorter names are way more sought after than longer ones, which is quite understandable. They’re easier to write down and remember, and there’s less risk of misspelling them. A 3 letter name would be more valuable than a 4 letter one and a 4 letter name would be more valuable than a 5 letter one. So remember, keep the names as short as possible. The more letters you add, the lesser its value. 

The tools we listed below will help you pick good available names. They’ll guide you through the criteria that give a domain name high value. You can go through an extensive database of names, see what the earliest created names are, check which names recently expired and see which ones were recently sold. 

What does the site do?

The site contains super valuable ENS categories and highlights names that are available. It is divided into several categories; three digit numbers, female names, nouns, verbs, three letter names, male names and Spanish nouns. 

How does it help you find good domains?

The potential names found here are good names that are short, memorable, relevant to the industry and commonly used words. 

 

What does the site do?

It shows domains that have already expired on the ENS platform. 

How does it help you find good domains?

Sometimes domains expire because the owner might have lost access to the wallet for they simply forget that their one year is up.If someone registered them in the first place, it is a signal of being a good name. The question then is how much of a premium you are willing to pay in the cool down phase

It shows you how much of a premium you would have to pay to get the domain. The premium is based on the base price of the domain, so it will give you an idea of how much the domain is worth. 

What does the site do?

It helps you find out if the domain you like was minted before they migrated to the proper NFT standard in 2019.

How does it help you find good domains?

It lets you see what the first names were. These names are likely to be familiar to many people already given that they’ve been around longer than other names. They  are also called OG names and hold a nostalgic value for being minted before this version of ENS.

What does the site do?

It contains several categories of domain names. It gives you their description and shows you their value. The value is appraised by ENSdom admins and give you an idea of names and their value. You can also buy or sell ENS domains from ENSdom.com.

How does it help you find good domains?

It will show you examples of actual domain names. You’ll see how a significant meaning behind a domain name adds to its value. 

What does the site do?

It shows you which domain names are expiring, expired, for sale and currently available. 

How does it help you find good domains?

It shows you the domain names that you can get right now and the ones that will become available. 

What does the site do?

It allows you to bulk search ENS names. If you have a list of possible names and you would like to check it quickly, you can put in the names and in one click, get their availability for minting. 

How does it help you find good domains?

Finding good domains is a lot of work. Having a bulk search tool allows you to generate many ideas and check their availability. Another alternative to ens.vision is https://www.buysellens.com/bulk-ens-search

What does the site do?

The site contains several blogs that can guide you and give you examples of good domain names. It includes blogs on popular western names, common English words, abbreviations for countries, how to value ENS names and ways to use your .eth address. 

How does it help you find good domains?

The blogs can give you a thorough understanding of what makes a good domain name. They explain why some domain names are more valuable than others.

Twitter Accounts: 

What does the site do?

It gives you daily updates on the sales and bids of ENS domains. 

How does it help you find good domains?

You can check which domains are in demand on a day to day basis. You’ll see which domains people are bidding for and which ones just got sold. 

 

Twitter Accounts: 

What does the site do?

It gives you daily updates on which domain names were sold.

How does it help you find good domains?

You’ll see which domains are no longer available. You’ll also get to see how much they were bought for in case you plan on buying them in the future.

Conclusion

Finding good domain names is imperative if you want to invest them. You need to make sure that the names you pick are catchy, relevant to the industry, short and appealing to as many people as possible. You need to treat these names like secondary names that people would have for their online identity. 

 

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