There are only so many viable combinations of 4-letter domain names... $2400 seems pretty fair compared to what .com's of the same length are going for (50K-$1m+ for random 4 letter combinations)
Fair compared to what? Why should the price for one be greater than another? The price of generating an NFT is the same no matter how many combinations.
As a user, I would not want willingly join in a new name system that benefits an arbitrary company so much. ICANN forces use of domain registrars so I have no choice. A future system should be better, I think.
