Crypto.com places $70M bet on AI.com domain ahead of Super Bowl
#Crypto.com #AI.com #Domain name #Super Bowl #Artificial Intelligence #Blockchain #Record sale
📌 Key Takeaways
- Crypto.com purchased the AI.com domain for an estimated $70 million, setting a new global record for domain sales.
- The acquisition was timed to coincide with the company's major marketing push during the Super Bowl.
- The move indicates a strategic shift for the exchange to integrate artificial intelligence into its brand and product offerings.
- This record-breaking sale surpasses previous high-value domain transactions in both the tech and crypto sectors.
📖 Full Retelling
🏷️ Themes
Technology, Finance, Marketing
📚 Related People & Topics
Blockchain
Distributed data store for digital transactions
A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are repr...
Domain name
Identification string in the Internet
In the Internet, a domain name is a string that identifies a realm of administrative autonomy, authority, or control. Domain names are often used to identify services provided through the Internet, such as websites, email services, and more. Domain names are used in various networking contexts and f...
Super Bowl
National Football League championship game
# Super Bowl The **Super Bowl** is the annual league championship game of the **National Football League (NFL)**. Since its inception in 1966, it has served as the final game of every NFL season, succeeding the original NFL Championship Game. It is currently one of the most-watched sporting events ...
Artificial intelligence
Intelligence of machines
# Artificial Intelligence (AI) **Artificial Intelligence (AI)** is a specialized field of computer science dedicated to the development and study of computational systems capable of performing tasks typically associated with human intelligence. These tasks include learning, reasoning, problem-solvi...
🔗 Entity Intersection Graph
Connections for Blockchain:
- 🌐 Artificial intelligence (1 shared articles)
- 🌐 Ontology (1 shared articles)
📄 Original Source Content
The purchase rewrites the domain record books -- not that the crypto industry has ever been accused of restraint when it comes to spending.