To be honest, the prices at which several of the NFTs have been sold have distorted what I consider ‘ridiculous’ when prices of entities are concerned. However, even my expanded view of ‘ridiculous’ pricing still can’t grab the fact that VamikaKohli.com is available for $1 million!
Vamika Kohli is the name of the daughter of popular Indian Actress Anushka Sharma and Indian Cricketer Virat Kohli. The couple is celebrated and discussed all over India which extended to the couple’s pregnancy. Vamika was born, and suddenly Vamika Kohli became a very popular term all over India.
The name is indeed very popular. However, considering that name is particularly popular in India, a .in domain name would have been a better choice. Moreover, the practical application of the domain name seems narrow. The name doesn’t have any business or corporate significance.
Keeping such a high price, just because the name is talked about or a popular one doesn’t seem justified. Only those domain names with such high price ranges are purchased, which have the scope of providing appropriate returns. This seems missing here.
Also there is a high chance that the buyer of the domain name would have to face a lengthy legal battle with Vamika’s parents!