FUN FACT 
161 million .com domain names are currently registered, the vast majority for commercial uses In terms of registrations, #ENS is only 1.7% the size of .com What are the implications?
Sole purpose of a .com: to translate human readable domain names to machine readable IP addresses for websites
ENS, being for everyone, not just businesses, achieves far more than a .com yet there have only been 2.78M registered
ENS not only provides a human-readable website address— it provides the capability to host content on that website in a decentralized, censorship-resistant manner
Yet this is just one benefit among many others an ENS domain enables:
memorable wallet address
universal web3 identity
cross-chain wallet
email router
decentralized linktree
decentralized SM profile
sovereign ownership
web3 business card
And the big bonus: ENS names are easily tradable or transferable as they are housed as NFT assets
BONUS FUN FACT: There are an estimated 333.34M companies in the world
From this coupled with the fact that 161M .com’s are registered we can extrapolate that perhaps about 48.3% companies have a .com
Not bad adoption rate BUT there are actually 359M domains registered including those beyond .com (.net, etc.)
In other words, it’s safe to say that a vast majority of businesses own a traditional domain name
But what is the potential user base of ENS?
Very debatable but what if we assumed that anyone with a smart phone would be a potential ENS user in a Web3 world?
That’s 6.64 Billion people— 19x the number of companies in the world
THUS in my estimation, an ENS domain…
offers at least 10x the utility of a .com
to 19x more potential users than .com
YET ONLY 2.78M are taken?
CONCLUSION: This can only mean that the opportunity to secure strategic, very valuable ENS domain names is still vast
And you should disregard the illogical conclusions that “all the good ENS domains are already taken”
However as always, this is not meant to be financial advice, these are my own personal ponderings
The market will always decide value but it’s going to be fun to watch ENS adoption grow in the years ahead
Original tweet by Ktrap.eth: https://twitter.com/ktrap/status/1595461714577088512?s=20&t=FnCX6UAfOEH8g5RJi2tFVA