What do the Top 5 #ENS 30-day volume categories have in common?
✅ None are anchored to a specific language
These will dominate because we live in a multi-lingual world— domains that transcend those boundaries are at a significant advantage
However… 🧵👇
PLOT TWIST: Yes, key language-specific domains will of course also do well, so let’s take a look at what you might want to collect after digits and/or emojis
The following 8 languages are most often used in international business
I’m placing emphasis on cross-cultural & business usage vs. sheer number of speakers, although these are all top 15 languages globally
I’m thinking: which languages might have broader reach across borders
🇬🇧 English: might be obvious but it’s worth noting that English isn’t just the most predominant language in the business world—
It’s also widely-used among academic institutions & publications globally, and is the preferred language of the internet
🇨🇳 Mandarin Chinese: While English may have more speakers around the world who use it as a second language, Mandarin Chinese has nearly 3x more native speakers
China’s burgeoning economy has lifted Chinese to be among the top global business languages
🇪🇸 Spanish: An international business language for North, South & Central America
Surprisingly, Spanish is increasingly important as a language of business throughout North America
In fact, the United States is the second largest Spanish-speaking country in the world
🌍 Arabic: Arabic is the fastest-growing international business language
Arabic was recently named one of five “languages of the future” by the British Council
It’s the official language in a sizable portion of the Middle East & Africa including 25 countries total
🇫🇷 French: Certainly one of the world’s most-used languages in international settings
Due to the legacy of centuries of French colonization, there are more non-native speakers than native speakers of French and it’s spoken as the official language of 29 nations
🇵🇹🇧🇷 Portuguese: Don’t underestimate the importance of this language
Brazil is considered an economic prize for global business opportunities because >60% of its population is under 35, making it a prime target for marketers eager to capture millennial brand loyalty
🇷🇺 Russian: Russian is a strategically important international business language
It’s the 2nd most-common language on the internet and an official language of the UN
Because of the country’s political & economic influence globally, Russian is opening doors in global business
🇩🇪 German: Considered to be the international business language of Europe, many European countries recognize German as an official language
Germany is widely considered the economic powerhouse of the region and German is the 4th most widely-spoken language globally
While this is not financial advice, I hope this thread has helped you think about how you might diversify and position yourself strategically for the future if you’re an ENS collector/trader ✌️
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#ENS is drawing a lot of attention and with this attention also arrives some confusion from the uninformed, which is to be expected
Here’s another analysis for anyone new to ENS, or as a reminder for the already-initiated 🧵👇
There are still thousands of crypto-aware people who are just starting to make their acquaintance with ENS
The frequent comparison people use to try to understand ENS is with .com domains, so let’s go with that for a moment
One of the reasons people love registering ENS names is how frictionless and anonymous it is
Registering a .com requires:
☑️ mailing address
☑️ phone number
☑️ email
☑️ credit card
☑️ legal name
☑️ fee for keeping registrant details out of the public WHOIS lookup
I was a dot-com Founder/CEO in the late 90s. I remember meeting a guy in person to pay him $500 cash for my company’s future domain name. How far we’ve come.
Unpacking #ENS (Ethereum Name Service) for the uninitiated 🧵👇
Back then conducting domain name transfers was quite a tedious process (and still is). E-commerce was the big “a-ha” moment, the internet was quickly evolving from the “Information Super Highway” to “wait but we can facilitate physical B2C commerce here too”…
Owning a .com name was only something you thought of figuring out if you had some kind of business or you were into “domain prospecting” when trading .com’s was an evolving niche market at the time (e.g. the guy meeting me in person for me to pay him with cash)
Recently a lecture was published by a Chinese whale ("A9" status, holding assets of $15 mil+) presenting his hypothesis that 3 & 4-digit ENS domains make sense as "the next BAYC of the domain name world." I found it profound. Here's my digest of the lecture.
🧵👇
I'm doing this because I know most of you probably wouldn't read the full lecture. If you would actually like to read the lecture yourself, here's the rough translation to English compliments of @soy_eth
This is a weird one because 1 emoji takes 3 “characters” to interpret, so there is the appearance of emojis being capable of “one character” ENS names.