This year, there is an interesting asset being re-evaluated - domain names. It's not just a meme, nor just an NFT, but real liquidity trading. Domain names are directly paired with trading pairs, and each transaction participates in price formation, which is the core attraction.

Some projects embed liquidity rules directly into the code. Buying and selling are no longer auction-based or order-based, but instead use dynamic pricing. Each transaction recalculates, and every trade scores the participants. This mechanism design avoids the inefficiencies and information asymmetry of traditional domain trading, making transactions transparent and continuous.

Domain names, as scarce assets in the Web3 era, possess identity attributes and application value. When they have their own trading liquidity and incentive mechanisms, they transform from static assets into a dynamic ecology. This could be the most innovative asset reconstruction of the year.