GET TO KNOW FREENAME!

Freename is a platform that offers Web3 Top Level Domain Names (TLDs)  and Second Level Domain Names (SLDs) that seem to be likely usable in many planned and future Web3 ecosystems and applications.

So to understand what a Web3 domain name is; we can break apart the domain name component and the Web3 component.

So what is a domain name? 

A domain name is a common language pair of words separated by a “.”  The left of the “.”, and the right of the “.” combine to make a domain name.  Domain Names are easier to remember, easier to type and easier to verbally communicate then the numerical IP address, wallet address, or blockchain transaction that is referencing.

So domain names to date have been mainly in the public root managed by an organization called ICANN and for many years, this was the dominant platform where you could buy domain names on.

But for the past 25 years there have also been alternate root networks that perform the same function, offering domain name registrations outside of the ICANN public system.  Recently, blockchain and other Web3 experiments and protocols have opened up larger and more prominent non-ICANN domain name systems.

But Back to Basics, a domain name is an easier to remember combination of words separated by periods that represent your identity or certain content or win WEB3 certain smart contract relationships.  The natural language domain name (In ASCII/English and other languages, Emoji and IDNs) is easier to remember the hex address of your wallet, the IP address of your computer, or the numerical value of a blockchain transaction or other piece of private or public data, would be too burdensome.

So then you’re left with what is Web3?

Web3 is primarily defined as those applications that are decentralized, meaning that they’re not owned by one company but by various interested parties. These members of a network come together to maintain, manage, and provide order for different networks and systems.

The second component of many web 3 applications is that the information is stored on a blockchain. A blockchain and its simplest form is a series of unchangeable transactions which document who owns a cryptocurrency or token, a wallet for an nft or web 3 domain name, or other forms of content.

So instead of a single company owning a ledger or a database of all of its customers of all of its orders of all of its products, this list is captured on a blockchain where multiple people can submit data and the authority of nature of the data is determined by multiple people on the network confirming accuracy on the blockchain.

The reason domain names have adapted so well to the blockchain, is in many cases the way a domain name functions on the Internet is very similar to a blockchain. From the earliest days when your web browser goes to find the website that was entered into the browser bar, It used something called a domain name server (DNS) to ask the question of the ledger that keeps track of who owns every domain name and to which content or IP address it points. Then that DNS server returns a record which allows the browser to go find the content, send an email, or retrieve a picture or other piece of data.

So this idea that a browser is requesting a piece of data, and then receiving the reply, is very similar to someone looking up on a blockchain to see who owns a certain asset or cryptocurrency token, and then having that day to be confirmed and sent back to the requesting party.

Today the primary purpose of Web3 domain names has been to be an easier to remember wallet address, so instead of sending cryptocurrency or an NFT a to a long hard to recall and hard to remember wallet address you can simply have someone send your payment or NFT to your wallet which has a natural language domain name.

Plus some Web3 Domain Names can be just cool collectible to have and own, or to show off your Web3 Name to gain credibility, as a door opener or to tell people more about who you are and what image you’re trying to project in Web3.

Plus, new uses will come in the future involving potentially web 3 email, and smart contracts. We may also see Digital Identity applications (DIDs)  where your digital identity can be kept private, but you can control what data and what features about your Web3 attributes.

The Legacy or public root of domain names became a source of giving out monopolies that could be worth billions of dollars, came with an entrenched legal framework not ready for Web3 and stifled competition with various closed silos, working groups and long drawn out decision making processes.

It wasn’t responsive enough to adapt to new domain names that can be used in these Web3 applications. So new companies have risen up to offer domain spaces that can be used by people in Web3 applications, in a more responsive and adaptive way than that which may have come from the public group.

 This has meant that many strings that don’t have a regular public group domain name have been offered to the public as web 3 domain names. This is one of the things that Freename brings to its customers is your ability to not only get a domain name that’s easy to remember in an extension like. Metaverse, but also you can now be the owner of a top-level domain name, sign up for a royalties program and earn a 50% Revenue share whenever a domain name is sold on your top level domain. 

BY PAGE HOWE



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How does it work?

Accordingly to the day when you will finalise your purchase, you have the right to receive from 1 to 3 NFT Domains for FREE!

Once you have completed your order, within 48h you will automatically receive on www.freename.io platform, in your personal area “portfolio” the randomly assigned NFT Domain/s.

You can chose on which blockchain you want to mint on and minting fee is covered by Freename!

HOW TO USE COUPONS:

Once you have added your favorite items to the cart, you proceed to “checkout” and add your coupon to the “coupon box”.

Said coupon will instantly do its magic and your due total will drop!

COUPON CODE CAN ONLY BE USED ONCE!
ENJOY YOUR SHOPPING AND GIFTS!

How does it work?

Once you have completed your order, you will automatically receive on www.freename.io platform, in your personal area “portfolio” the randomly assigned NFT Domain value $50 or if you’re lucky a randomly assigned TLD with value $699 (between these: .immersive; .multiverse; .freelancer; .cashback; .hologram)

you can chose on which blockchain you want to mint your NFT Domain/TLD on and minting fee is covered by Freename!

GOOD LUCK!

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Why do i Need a Wallet?

Freename domains are blockchain-based assets and would be minted and stored using a wallet. Users are required to mint and manage their domains using a Metamask or Coinbase-configured wallet. It must be a non-custodial wallet, meaning that one must own the private keys to the wallet in order to approve transactions via a signature.

To benefit from Freename Web 3 domains/TLDs, you must have a wallet. This is because Web 3 domains/TLDs are blockchain-based assets. Users can mint and manage their domains using Metamask or Coinbase-configured wallets.

Keep in mind that it must be a non-custodial wallet. You own the private keys to the wallet (in order to approve transactions via a signature).

Are the Domains Associated with ICANN?

ICANN does not manage freename.io domains. Freename.io believes their TLDs/domains must allow customers to operate independently. Freename.io wants to build a utility infrastructure, allowing customers to use their services for valuable and generative purposes. By leveraging blockchain technology, Freename Web 3 domains/TLDs have no centralized authority imposing rules and regulations.

What is a Wallet?

Every blockchain user requires a wallet in order to interact with the network. A wallet is essentially an account on the blockchain where transactions can be sent and received. It is also where one can store blockchain assets such as cryptocurrency or NFTs (non-fungible tokens). There is no personal information associated with a wallet and none is required to create one. A wallet consists of a public key and a private key. The public key can be safely shared with anyone who wishes to send assets to the corresponding wallet, however, the private key should not be shared and is the key to accessing the wallet in the event where access is lost or to create another instance.

A crypto wallet (cryptocurrency wallet) is software or hardware that enables users to store and use cryptocurrency. With cryptocurrencies, there isn’t any actual money to carry around in a wallet. They exist on the blockchain. Similarly to traditional bank transfers, crypto wallets enable users to send and receive cryptocurrencies, NFTs, etc.

A wallet consists of a public key and a private key. To receive assets, you share your public key associated with your wallet. You should NEVER share your private key.

How do i Claim my Earnings from Freename

ou can withdraw revenues generated passively through a cryptocurrency transfer. Connect your cryptocurrency wallet and, once your withdrawal request is confirmed, the desired amount is pulled from Freename’s reserves and conveniently delivered to you!

Claim your earnings by following these steps:

  1. Connect your cryptocurrency wallet to Freename.io
  2. Request a withdrawal
  3. Receive request confirmation
  4. Receive withdrawal directly to your wallet.

Can i Transfer Domains?

Yes. The domain is stored in your cryptocurrency wallet and can be transferred by you after you have minted it. Access your portfolio, select the TLD or Domain you wish to transfer and type the recipient’s address. Afterwards, you must paste the OTP code you received by mail to confirm the transaction. Keep in mind that currently, it is not possible to import the domain that has been transferred, but it will be possible soon!

Yes. Domains are transferable ONLY after a TLD/domain has been minted and stored in a user’s wallet.

To transfer the TLD (or domain), the user must:

  • Access their wallet
  • Select the item they want to transfer
  • Enter the recipient’s address.
  • Confirm the transaction by pasting the OTP received by email

In the future, Freename.io will support importing domains that have been transferred.

What about Trademarks?

Registering a trademark on your Freename Web3 TLD will allow you to protect your web3 TLD and your logo worldwide juridically.

From the moment you deposit a trademark request, your web3 TLD will be protected worldwide for 6 months awaiting for the Swiss Federal Institute of Intellectual Property (IGE.ch) to confirm and register the availability of your TLD.****

A trademark is any symbol, phrase, or word that allows customers to identify a company’s goods or services. Freename is a web3 domain/TLD provider that also provides trademark registration.

A user must reach out to the trademark department to register a trademark. To get your trademark filed for review at the Swiss Federal Institute of Intellectual Property, a user must provide the following:

  1. Complete a Know your customer (KYC)
  2. A list of TLDs they wish to trademark
  3. Proof of payment

Once these conditions are met, it takes one week for the trademark to be reviewed and logo/TLDs to be provided with six months of worldwide protection.

Is Minting the same as Buying?

Purchasing a TLD (or domain) on Freename and minting it on the blockchain are two distinct steps. When you purchase a TLD (or domain), the transaction is recorded in Freename’s database and not on the blockchain. Minting a TLD (or domain) on the blockchain requires a second step: log into the user’s personal area, select the TLD (or domain) and press “mint TLD” (or domain): done! Don’t worry, once you have purchased a Freename domain, no one can take it away from you!

No. Buying and Minting a TLD/domain are two different things.**

Buying **is the process of recording a transaction on Freename’s database and not on the blockchain.

Minting is the process of pushing a user’s domain from Freename.io data onto the public ledger of a blockchain and into a user’s wallet. Giving the user full control over the TLD/domain.

It is very easy to mint a domain/TLD once you purchase it. Simply:

  • Log into your personal area
  • Select the TLD (or domain)
  • Press “mint TLD” (or domain)

What is Domain Minting?

Minting is the process of publishing a Freename domain (or TLD) on the blockchain via your wallet to gain full custody of the domain. This means that the only person that has control over the domain (or TLD) is the person who controls (has access to) the wallet.

Minting is the process of pushing a user’s domain from Freename.io data onto the public ledger of a blockchain and into a user’s wallet. Giving the user full ownership over the domain.

Minting on Freename.io is as simple as the following steps:

  1. Go to the Freename.io website
  2. Enter the TLD/domain you want to buy in the search bar
  3. Add the TLD/domain to your cart
  4. Go to checkout
  5. Create a Freename.io account
  6. Purchase the TLD/domain with cryptocurrency or a credit card
  7. Go to “portfolio and incomes.”
  8. Click on mint TLD/domain

Which domains are Protected?

Protected domains and TLDs are domains and TLDs that we’ve detected are associated with a brand, organization, or notable person. We believe it is important to increase adoption for the next generation of the internet by helping to onboard brands into the Web3 era. If you are interested in applying for a Protected domain, please contact us.

TLDs/Domains associated with a notable person, brand or organization are considered Protected Domains. Protected domains help onboard brands in Web 3 increasing adoption. Protected domains also protect users from others impersonating/stealing their domains.

Reach out to Freename.io to apply for a protected domain.

Why use Freename?

Freename domains are unique by their very nature: only with Freename you can register domains with unique TLDs for your digital identity while passively earning money!

Freename.io is not only the leading TLD and Domains platform in Web 3, but also lets users generate passive income!

Owning a Freename Web 3 TLD entitles users to receive passive income whenever a domain is bought on their TLD. Users can register and mint TLD/domains of their choice if available.

What is a Domain?

A domain name is a string of letters and/or numbers that points to the IP address of the corresponding website. Generally, it is easier to remember a name than a long string of numbers.

A domain name is an address that people type into a browser bar to find a website. It consists of a Top-Level Domain (TLD), everything that comes after the dot, and the Second-Level Domain (SLD), everything that comes before the dot.

For example, “Freename.io” is the domain name, “Freename” is the SLD and “io” is the TLD.

Which Chains are Supported?

Freename has a multi-chain approach. You can choose on which Blockchain to mint your Web3 Domains and TLDs ranging Among Polygon, Cronos, and Binance.

A user can mint a Freename.io domain/TLD on the following blockchains:

  • Polygon
  • Cronos
  • Binance

Freename plans to expand its multi-chain approach by adding blockchains upon which domains can be minted.

Are there Renewal Fees?

No! Once you’ve bought a Freename Domain or TLD, it’s yours forever, no renewal fees ever!

No. There are no renewal fees on Freename.io. Once a user has paid a one-time payment for a domain/TLD, they own it. Forever.

This is the significant advantage of Web 3 domain/TLD over traditional alternatives.

Ask Away!