Happy Holidays From Freename
As the year ends, we want to express our sincere gratitude to our incredible tech-savvy community. Your trust and enthusiasm drive us every day. May this festive season bring joy, innovation, and memorable moments with loved ones. Happy Holidays!
And to make your holidays extra special, we’re extending an exciting offer to everyone, including our existing customers: A 50% discount coupon from Freename.
With the coupon, you get 50% off on any purchase made on the Freename platform. Whether you buy a new domain, a TLD, or upgrade any service, we guarantee to cut the price by half. Simply, use the coupon ‘HAPPY50‘ during checkout and get 50% off instantly.
And that’s not all. You get 50% royalties on each domain sold on your TLD.
The offer is valid till 1/7/24, 23:59 EST.
Web3 Trends to Look Out for in 2024
The end of the year is also a prime time to gear up for the new year. While prediction is hard to get right, we’re seeing several trends in the web3 space playing out in 2024. Some of them are:
Interest in web3 domains is skyrocketing
The interest in web3 domains is not limited to tech geeks. It has extended to the general public, and the interest is at an all-time high. This is evident from the Google trends for ‘web3 domains’, which grew by 500% over the past year.
In addition to this, the interest is fueled by new opportunities that web3 offers. Everything from DApps to crypto to privacy and web3 domains will touch many things in the coming years, starting from 2024.
Additionally, Web3 domains also offer new income opportunities for domain investors. This new gold rush is also contributing to the skyrocketing popularity.
Web3 domain registrations are on the rise
In 2022, there were a little more than 8 million web3 domains. The .eth TLD alone had close to 1.4 million domains. OpenSea, the leading NFT marketplace, saw a 400% increase in web3 domain sales in the third quarter of 2023. The registrations are expected to continue to rise in 2024.
Part of this is more people see the privacy and ownership value of web3 domains. A web3 domain is your domain, and you’re the true owner of it. These domains also grant a higher level of privacy to the end users.
The second reason is the cost of blockchain and accompanying technology has reduced. Now, purchasing a web3 domain is within reach of an average user with an internet connection.
Web3 domains will become more valuable in 2024
A recent survey of web3 experts found that 95% believe that web3 domains will be worth more in 2024 than they are today.
There are several reasons behind it. One is to establish your online identity. In web2, you’re at the mercy of tech giants and regulators who control the architecture and system. Platforms like YouTube and Facebook control reach while regulators control access. Creators and domain owners have an opportunity to claim this back with web3.
Mass adoption of digital identities is around the corner, and it could start by 2024. Some countries like Brazil and Argentina already have blockchain-based digital IDs. More countries are expected to follow suit. Instead of social media profiles, users may start to link their domains directly to those IDs, making web3 domains more valuable.
In light of this, Web3 domains give users greater ownership and control over their digital assets. Users have private keys to manage their domains, reducing the risk of censorship or control by third parties.
2024 presents you an opportunity to join the web3 revolution and claim your online identity. And our Happy Holidays offer (HAPPY50) is here to help you get started.
With that, here’s to a new year filled with exciting advancements, seamless experiences, and continued connection.