For website owners, decentralized internet is already a reality. To learn more about Web 3.0, visit the NFT domains marketplace.
A domain is a string of characters entered into a browser. Many people are unaware that domains may send emails and accept payments, among other functions. So why aren’t domains using this extra feature? The solution is centralized server control. Centralization, the narrative goes, brings more control, which inhibits creativity.
NFTs and decentralized technologies have shown that previously high barriers can be overcome. User-controlled assets, validated on the blockchain and saved like bitcoin in a virtual wallet, are self-custodied by decentralized domains users.
These domains may therefore enable decentralized websites, give complete ownership control of domain administration functions, and empower developers to innovate beyond what is entered into a browser, among other benefits. Indeed, NFT domains are credited for transforming the internet as we know it.
Quik.com, dubbed “the world’s first blockchain marketplace for NFT domains,” recognizes the immense potential of NFTs. The platform contains a domain name registry where users may explore particular listings and buy and sell blockchain-based NFT domain names.
“harbor an innovative NFT domain for tomorrow’s internet,” said the Quik team.
To assist companies transition from Web 2.0’s centralized system to Web 3.0’s permissionless and permanent internet future, the Quik ecosystem was created. As a consequence, consumers regain lost independence in the first Web 2.0 transition and grow towards the decentralized future predicted by experts.
not rented
By using an efficient search mechanism, buyers can easily find blockchain domains for sale. The blockchain architecture distinguishes them from conventional domains.
Users own NFT domains instead of renting them. So, customers will pay a one-time registration price to secure the name and never have to renew it. With true ownership comes a permanent 5-10% royalty on every future domain sale.
Customers will be able to search for TLDs such as “doge” and “shib” and see unique artwork for each of these TLDs when the service launches on March 31st, 2019. They allow people to choose their own doorway into the internet of the future. TLDs will, however, have a restricted minting capacity, thus users will have to apply first.
Aside from Ethereum (ETH), Quik.com wants to integrate Solana (SOL), Binance Smart Chain (BSC), and GateChain blockchains in the near future, among others.
Holders of domains may use their domain as a website URL, universal username across applications and websites, or wallet payment address. According to the ecosystem, these application cases are only the start.
Domain names and wallet addresses
In addition to introducing its own web browser extensions and cooperating with big cryptocurrency wallets like Coinbase, the Quik team plans to open a marketplace for NFT domains around the end of February 2022. Exchanges will be able to use Quik NFT domains instead of wallet addresses.
After the private pre-sale, the public token sale will be place on Quik.com.
