Domain names are in the simplest terms, a form of digital real estate. Therefore, it can be a valuable asset to be developed or resold. Instead of a physical building, a domain name represents a digital identity that can serve many purposes including building a website, having a custom email address, or even a cryptocurrency wallet address. Additionally, unlike social media, when you register a domain name, you own it. Social media accounts can be suspended or revoked if the company that owns it, doesn’t like your message.