Unstoppable domains have now registered 2 million NFT domains. Unstoppable domains is a web 3 company selling decentralized domain names.
The following includes the 7 out of the 10 domain extensions offered by Unstoppable Domains (UD); .wallet, .crypto, .coin, .blockchain, .nft, .wallet, .dao
Owners can use their domains which are minted on Ethereum blockchain to access the decentralized web via Opera and Brave browsers and through browser extensions on Edge, Chrome and Firefox.
Decentralized domains, unlike traditional web domains, are not subject to renewal fees or price increases and are controlled only by the owner of the domain.
Since no centralized authority controls the individual users’ domain, decentralized domains are therefore not susceptible to massive phishing scams, arbitrary take-downs and privacy breaches.
Users make a one-time payment for their domain name and never have to pay for the management of their domain or hosting fee.
Owners of the crypto wallet can use their domains for cryptocurrency payments and transactions – with support for more than 280 cryptocurrencies and over 50 wallets.
Usage is simplified as users no longer have to memorize lengthy and error-prone alphanumeric addresses to carry out transactions.
Someone just needs to know your blockchain domain for you to receive payments.
NFT domains are not left out and are really no different from the rest of the UD’s domains as they basically provide the same function across web 3 which includes: payment address for wallets, universal username across apps and websites, as well as website URL.
Lengthy crypto wallet addresses are replaced by decentralized domains with simple usernames for payments, thereby reducing errors that occur from copying and pasting which can lead to loss of funds.
NFT domains can also be used for hosting NFT galleries and decentralized websites.
Unstoppable domains are quickly becoming popular on social media platforms as people have begun replacing their old usernames with verified profile pictures and NFT domain names and verified.
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