This quarter, the total domain name volume on Escrow.com continues to ease slightly from $85M in 3Q23 down to $79M in 4Q23.
For most domain categories, the median price has been maintained from the previous quarter.
Key highlights include:
- The value of ‘.ai’ domain names hits another record high at $2.1M in 4Q23
- The median price of four character .com domain increased to $13k in 4Q23 from $10k in 3Q23, hitting a record high.
Venture capital investment significantly influences the aftermarket domain market. The past two years have been a time of significant change in the venture ecosystem, with a record breaking flurry of funding activity in 2021 giving way to a market slowdown in late 2022 and through 2023.
After a turbulent few years, venture funding levels are forecast to steady in 2024. In the year ahead we can expect to see continued diversification in the global venture capital ecosystem, with emerging markets, deep tech start ups, DeFi platforms and sustainable businesses taking centre stage.
Domain name transactions transacted from the United States eased from $67M to $56M.
Meanwhile domain name transactions from Canada increased from $6.8M to $11.5M.
The total value for domains with content eased to $6.8M in 4Q23 from $17.7M in 3Q23, while the total value for domains without content increased to $52.9M in 4Q23 from $49.7M in 3Q23.