Domain Name Liquidity Crisis Sparks Call for Tokenization

A recent liquidity crisis in the domain name market has sparked a push for tokenization, which could revolutionize the way digital property is traded and valued. The Cointelegraph news platform highlighted this issue on October 5th, emphasizing the need for innovative solutions to address inefficiencies inherent in traditional Web2 trading models. Without embracing tokenization, the sector faces significant risk of losing billions in value, potentially leading to a shift toward blockchain-based protocols like ENS that offer efficient asset division and real-time settlement.