Investors will be able to buy shares in a basket of three letter .com domains.
After a successful initial offering for the domain directions.com, Rally’s next fractional domain ownership opportunity will be for a collection of five three-letter .com domains.
Rally will sell shares in NAQ.com, QOB.com, UOS.com, VDT.com, and ZIZ.com. It will sell up to 34,000 shares at $5 each, for an initial offering market cap of $170,000.
NAQ.com last sold publicly for $20,000 in 2012. Ziz.com sold for $25,000 at a NamesCon auction in 2019. The other domains don’t have a public sales history.
A sale date has not been scheduled and the associated documents are pending. It will be interesting to see if the domains can be sold separately, giving holders a partial liquidity event. This could be a very appealing approach given the liquidity of three letter .com domains.
Post link: Next up on Rally: 5 three letter .com domains
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