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By Morgan Linton
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Handshake domain auction bid volume on-track for all time low in May

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It looks like bidding activity on Handshake domains is cooling off as we move towards the end of the month. Today on Twitter Mark Smith shared the data in the following tweet:

/ – I’ve made it pretty clear I personally don’t get it…but hey, it’s a new space and the world is changing so anything is possible.

I think that over the next year Handshake domain investors will want to see more ways for normal people to access Handshake domains, not just integration in a browser like Brave (which is used by less than .5% of people) but a real contender like Safari, Firefox, or Chrome. Without forward momentum around end-user adoption, spectators will get tired of trading between each other and we’ll see more of what we’re seeing now which is a lot less activity when it comes to buying.

In the world of traditional domains, momentum with TLDs like .IO where you see massive end-user adoption in support in every browser pique investor interest for a reason – the data is there to show that it can be a good investment. For now, Handshake is a bet, a bet I personally think will end up paying off for a good group of Handshake domain investors and ecosystem players, but it will take time to see widespread awareness and adoption. The question is – how long will that take, and how long is too long?


Source: https://morganlinton.com/handshake-domain-auction-bid-volume-on-track-for-all-time-low-in-may/?utm_source=rss&utm_medium=rss&utm_campaign=handshake-domain-auction-bid-volume-on-track-for-all-time-low-in-may



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