Let's begin by talking about the daily sales numbers. If you look at it, when .Sei Names were first introduced on Sei, and the number of sales went up a lot. But then it dropped quite quickly.
Why did this happen?
Well, those initial sales were connected to pre-registered whitelisted wallets. These special wallets were allowed to buy .Sei Names at a lower cost. However, when it comes to sales on the secondary market, things didn't go well, and it can be seen as a failure. In total, up to this point, there are 2,770 owners of .Sei names, and 2,790 .Sei names have been sold.
Sales Volume
The highest sales volume was achieved during the registration phase, but afterwards, the sales volume decreased significantly. In total, considering both the registration phase and secondary sales, the overall sales volume reached 48,000 .Sei, equivalent to 4,800 US dollars.
In the chart below, you'll find the breakdown of .Sei prices. The prices varied depending on the number of characters and the time period, especially during the registration phase. Additionally, some of the whitelisted users had the chance to mint domains for free.
On average, users typically minted or purchased only one domain.
In the upcoming sections, we'll take a closer look at the price distribution.
Users have the option to select various expiration dates for their domains, and the domain prices vary accordingly. As you can observe, the vast majority, specifically 99% of the domains, have a one-year expiration period.
Users paid nearly 1,000 .Sei in transaction fees, with an average of 0.17 .Sei per registration. When compared to other platforms on the Sei chain, these transaction fees were higher than what's typically observed on those platforms.
In the table below, you'll find a list of the leading domain owners ranked by the amount they've paid for their domains.
What's intriguing is that 59% of the users who registered or purchased .Sei domains were originally Airdrop recipients. They likely utilized their Airdrop rewards to register domains on the Sei chain. Another 17% of the total domain owners originated from other chains as Bridge users. The rest remain unclassified, but it's possible that these users came from centralized exchanges (CEXs).
As previously mentioned, a select group of whitelisted users had the privilege of claiming a free domain. Additionally, there were six distinct wallets that spent more than 500 .Sei each on purchasing or registering .Sei names. The majority of users, however, have only one domain to their name.