NFTs have made headlines throughout the year. And with top collections like the BoredApe, CryptoPunks, and Yacht Club selling for millions of dollars on secondary markets, NFTs have become quite an essential tool in developing blockchain-based gaming platforms and have evolved into domains.
These crypto domains are wallet addresses transformed into recognizable, straightforward domain names.
Thanks to brands like Unstoppable Domain and the famous Ethereum Name Service [ENS], crypto domains have experienced tremendous growth. While there are numerous domain service platforms, W3DNA, a Web3-focused Polygon, Ethereum, and Binance Smart Chain [BSC] based project, has launched to take crypto domain services to greater heights.
W3DNA Review—What is it?
A Web3 domain, name, and account platform, W3DNA is breaking new ground in the emerging Web3 space based on three innovative blockchain networks—Ethereum, Polygon, and BSC. After successful registration on W3DNA, you get more than just a name for use in several Web3 apps—you also get a payment account to receive payments in almost every cryptocurrency and chain.
Unlike existing domain name service projects, W3DNA allows you to own domain names in any language and symbol of your preference with zero extensions and character limits. W3DNA offers you a comprehensive Web3 domain, title, and account for all your cryptocurrency and Web3 needs.
Features of W3DNA Domains
No Extensions
One standout feature cum advantage of W3DNA is domains with no extension. Dating back to 1985, when the first domain structure was introduced, there were six top-level domains—.org [organization], .com [commercial], .net [network], .edu [education], .gov [government], and .mil [military].
The primary purpose of these extensions was to categorize websites by type, therefore reducing traffic. Like street names, domain extensions or zones helped web users navigate web 1.0 and web 2.0. However, as blockchain continues to become a part of our everyday life, we’ve seen the introduction of new zones such as .crypto, .wallet, and .eth. As a revolutionary in the nascent Web3 space, W3DNA is reinventing the domain service industry, eliminating the need for extensions or zones.
W3DNA leverages NFT technology to create domains that are generally NFTs, dispelling the need for centralized structures like registry, ICAAN, and hosting service providers that have become critical stakeholders in the web 1.0 and web 2.0 worlds. Through NFT-based domains, W3DNA has transferred these responsibilities to smart contracts—a faster, more transparent, and more convenient method.
Decentralized
Since W3DNA domains do not need ICAAN or registry services like the other providers, it is completely free of external influence. W3DNA domains are not subject to ICAAN rules, further reaffirming blockchain and crypto’s commitment to pioneer a genuinely decentralized world.
No Character Limits
W3DNA allows you to register your domains as anything from 1 to infinity. You can also opt for symbols. It does not end there; W3DNA offers you to own a domain forever. You need only make a one-time payment for a domain name, which is yours forever—no renewal fees.
Why Web3 Domains are Safer and How You Can Earn With Them
You’re probably skeptical about domains without extensions and how they rank compared to other domains, right? Web3 domains have proven to be much safer than web 2.0 domains. How?
First, we have the issue of control. Web3 domains from W3DNA abolish domain zones and, in extension, third-party control of hosting service providers or regulatory bodies. With an NFT domain from W3DNA, your website is uploaded and stored directly in the blockchain, meaning that you have absolute control of your website. Web 2.0 domains do not have such luxury; they are constantly under the supervision of regulatory bodies and may sometimes be censored.
Additionally, Web3 is decentralized, thus immune to DDOS attacks. Since your website is stored on the blockchain and not on a centralized server, you are free from attacks and third-party involvement.
Web3 domains from W3DNA eliminate scams. The absence of domain extensions, which have become a beneficial tool for scammers over time, makes it difficult for fraudulent users to pretend to be other individuals or businesses. W3DNA does not allow users to register a name twice, nor can users register a domain with a mix of letters from different alphabets and punctuation marks.
You can earn with domain names by buying and selling them at a higher price. Owing to the uniqueness of these domain names, you can purchase and sell them to other users at a significantly higher price, just like NFTs.
How to Buy and Sell an NFT Domain
To sell an NFT domain successfully, you need to get a profitable domain, such as numeric domains, brands and celebrities’ names, single-word domains, trends, etc. Once you’ve done that, you’d have to follow these steps:
- Create an OpenSea account and connect your MetaMask wallet.
- Once your wallet is connected successfully, you will see all your NFTs in the “Profile” section.
- Choose the domain you want to sell.
- You can choose a specific price to sell your domain or opt for an auction-style sale.
- Click on “Complete Listing.”
You’d have to wait for someone to pay for your domain or for the auction to end. Learn more about buying and selling Web3 domains here.
Why Choose W3DNA NFT Domains
As the demand for safer, decentralized, and efficient domains intensifies, W3DNA will become one of the most sought-after. Why?
- It serves as an NFT domain and a payment account for cryptocurrency payments.
- Registered users can sell off domains for higher prices on various secondary markets like OpenSea. You can buy them at a bargain and sell them at a much higher price in the future, just like your regular NFTs.
- It is entirely decentralized, with zero extensions and third-party involvement.
W3DNA is backed by a team of innovative, forward-thinking developers committed to reinventing the domain market. The team understands the importance of absolute control and has positioned W3DNA to be the vehicle that will drive this industry to unenviable heights.
