The press service of the Republican Commodity Exchange reported the sale of the first "beautiful" domain names in Uzbekistan.
Since the launch of the new electronic trading platform domain.uzex.uz, 51 domain names have been sold for a total of 34.1 million sums. As a result of the auctions, the selling price of the domain names increased by an average of 79.4% compared to their starting cost.
The exchange noted that the sale of domain names in the "premium" category is conducted through the platform using artificial intelligence. The AI analyzes factors such as the popularity of keywords in the domains, trends, and their relevance.
Freed domain names are listed in the electronic trading system of the exchange domain.uzex.uz, which is integrated by Uzinfocom.
The launch of the platform for selling domain names is outlined in a memorandum signed by UzRTSB with Uzinfocom at the end of April 2024. The document also provides for cooperation between the exchange and the integrator in the field of cybersecurity.
Since 2019, UzRTSB has been conducting auctions for "beautiful" mobile numbers. In March of last year, a record was set when a number sold for 1.07 billion sums.
Earlier, Spot reported that the Republican Agro-Industrial Exchange had been without a license for six months.