This story is unfolding as we speak but has been in play for almost the whole of 2015 so far and it looks like records are going to be broken in 2016:
China Is Making Domain Name History | TechCrunch
China is buying up the Internet - Business Insider
Further news I previously reported on this:
https://gfy.com/fucking-around-and-pr...oom-2-0-a.html
Any of you have 3L or 4L or 5L dot coms? Obviously it depends on the letter combinations but I'm finding that (and even higher if has meaning or is pronounceable):
2L is often selling at > $500k
3L is often selling at > $50k
4L is often selling at > $3k
5L is often selling at > $1k
Dot com numerics? They're doing even better... and there is still shit loads available to be registered and mined for profit as we speak. Go start registering!