Service Providing Ethereum Domain Name Gains Traction

A crypto-based domain name auction service launched earlier this year is finally gaining traction and attracting some big investors willing to pay top dollar for domain names. The Ethereum Name Service was launched on May 4, 2017; it featured an automatic registrar service enabling people to quickly and cheaply register a domain name ending in .eth via an auction.
Since its launch, the service has had almost 620,000 auctions and generated nearly 3.3 million ETH in deposits for bids. At the momen