["'Internet Real Estate' Domain Name Transactions Inefficient, Urgently Need Tokenization Transformation"] A commentary article by Cointelegraph pointed out that although the RWA tokenization market is developing rapidly, the domain name market—referred to as "the most important real estate on the internet"—is facing a significant liquidity crisis due to its Web2-era transaction model. Currently, the process of selling a domain name takes an average of three to six months, with broker commissions as high as 15% to 30%. This inefficiency stands in stark contrast to tokenized real estate, which can achieve asset fractionalization and settlement within minutes. The article warns that if the domain name market does not quickly embrace tokenization, transforming domain names into divisible assets to enable instant settlement and DeFi integration, it risks losing value and ceding its dominant position to protocols like ENS.