What's been causing a stir in the NFT markets recently, you ask? Three- and four-digit ENS domains have become scarce recently, and users have been rushing to purchase them.
Each ENS web name is an NFT that is minted and sold like any other nonfungible token. These decentralized domains that end in .eth can act like Ethereum wallet addresses, cryptographic hashes and website URLs. As decentralized applications, wallets, exchanges and marketplaces increasingly support NFT usernames, whether from ENS or from competitors like Unstoppable Domains, Web3 users are embracing the value that can be tied to a digital identity.
Holders who have scooped up ENS names from 0-9999 have formed an exclusive Discord channel called the 10kClub. At the time of writing, nearly 4,000 ENS holders had joined this social club. Members even created a refrain that was continuously posted throughout the Discord chat stating,"IConsequentially, the app.ens.domains website has been crashing this past week and leading users to a 404 error page because the website couldn't be found on the server.
Looks like our host is still struggling. Please use our IPFS links in the mean time whilst we sort out a better solution.
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