The domain sold for $2M USD

Non-Fungible Token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.

The NFT market value tripled in 2020, reaching more than $250 million. During the first quarter of 2021, NFT sales exceeded $2 billion

Considering the booming of NFT since 2020, $2M USD for this domain is relatively cheap.

NFT technology will change the digital world.

Glovo Talk

The domain was sold was purchased by someone in NFT space. The purchase price was not disclosed, It may as high as 8-figure. Another premium domain name been used in NFT is,Which was sold for $30M USD in 2019.

Domain Names have become an increasingly important digital asset.

China cracking down on cryptocurrency 'mining'

China will crack down on the "mining" activities of cryptocurrencies to enhance the control and regulation of mining energy consumption.

The National Development and Reform Commission, together with other authorities, on Friday issued a notice on regulating the "mining" activities of virtual currencies, strictly banning new virtual currency mining projects from being included in the Dual Control System of Total Energy Consumption and Energy Intensity assessment.

"Mining" activities of virtual currencies refer to the production of virtual currencies calculated by a dedicated "mining machine," for which energy consumption and carbon emissions are huge, while the contribution to the national economy is low and the impetus to industrial development and scientific and technological progress is limited, according to the commission.

In addition, the risks arising from the production and trading of virtual currencies are gradually emerging. The excessive and disorderly development is having a negative impact on economic and social development, and the progress of energy saving and carbon emission reductions, the commission said.

Authorities will promote the data analysis of grid-connected power generation data and abnormal use of electricity. By technical means it is to monitor and control energy consumption, and strengthen the on-site inspection of users with large electricity consumption.

They are fully mapping out local virtual currency mining projects that have been put into operation, setting up a project list and combing through the basic data, including the enterprises they're connected to, the scale, hash rate and electricity consumption of the virtual currency mining projects in operation.

To rebrand Calibra to Novi,Facebook acquired domain name
 Novi comes from the combination of words "novus" +"via". Just like Glovo comes from the combination of "global" +"voice".