The price of a domain depends on the intrinsic value and the leverage of the seller. Compared to .net and .org domains, .xyz domains are being sold at a very high price leading to money laundering allegations on Namepros, copied for reference.
Jun 28, 2015
Posted on Jan 27, 2022
no one in their sane mind would buy a .xyz domain for 70k
1. money laundering
2. buyer was a company with an unspent 70k budget for advertising that had to be spent, although this is doubtful since it is more difficult to explain 70k spent in crap domain than not spent 70k budget.
There is also a possibility that the high domain prices are bribes to top officials,politicians instead of paying money in the bank account,and being investigated for bribery, corruption, it is better to purchase domains at a high price, which can be used for developing a website. It appears that swetha venugala is not facing any problem despite very high value sales. Another namepros member was regretting that he sold bolt.org for $10 K while bolt.xyz was sold for $79K +