How do Web3 Meetings Work?

Web3 meetings

Web3 meetings, or decentralized web meetings, are an innovative platform for online conferences that leverage blockchain technology. They are run on a peer-to-peer network, giving each participant equal authority over the conference. This is as opposed to traditional virtual meetings, which rely on centralized platforms and servers.

It is crucial to understand how they function and how they differ from regular virtual meetings. The Web3 ecosystem continues to expand, and more people become interested in the benefits of decentralized technology.

In this article, we’ll discuss the inner workings of the technology behind it. We’ll go over this decentralized meeting, the resources for organizing and attending them, and the ways in which you can get involved. Let’s go!

What is Web3?

Web3, also known as the decentralized web or the blockchain web, is the next evolution of the internet. It aims to create a more open, secure, and user-centric internet by leveraging blockchain technology. One of the key applications of Web3 is the ability to hold decentralized meetings. Its participants can collaborate and communicate in a secure, decentralized environment. Next, let’s see what happens when you implement it in meetings.

What are Web3 Meetings?

They are a new type of decentralized meetings that leverage blockchain technology. This is to enable secure, transparent, and trustless communication and collaboration. They are built on top of the Web3 stack, which includes decentralized storage, identity, and communication protocols.

Unlike traditional meetings, they do not rely on a central server or authority to manage participant communication. Instead, they use decentralized networks to ensure that all participants have equal access to the data. Also, users can verify the authenticity of the information exchanged during the meeting.

They can be used for a variety of purposes. Some of these include team collaboration, project management, and even virtual events. They provide a more secure and private environment for communication and collaboration. This makes them a popular choice for companies and organizations that deal with sensitive data.

How do Web3 meetings work?

A combination of decentralized protocols and applications powers it. They work together to provide a seamless and secure meeting experience. Here are some of the key components that make up a Web3 meeting:

Web3 meetings

Decentralized Communication Protocols

One of its key components is decentralized communication protocols. These protocols enable participants to communicate with each other. In a secure peer-to-peer environment, relying on a central server or authority is unnecessary.

The InterPlanetary File System (IPFS) is an instance of a distributed network protocol. IPFS makes it possible to build a truly decentralized network when used as a protocol. Files can be shared and accessed amongst users in a decentralized manner. It is used to store and share meeting documents and other important files.

Similarly, the Secure Scuttlebutt (SSB) protocol is an example of a decentralized communication system. SSB is a decentralized protocol that allows users to have encrypted conversations with one another. It facilitates instantaneous communication during meetings.

Decentralized Identity

Another key component is decentralized identity. Decentralized identity enables participants to prove their identity without relying on a central authority. This is important for ensuring that only authorized participants are able to join the meeting.

The Decentralized Identifier (DID) protocol is a type of identity protocol that operates without a central authority. DID empowers users to create and manage their digital identities independently of any organization. It’s the standard method for establishing people’s credibility in Web3 conferences. It makes sure that only those who have been invited can join the meeting.

Smart Contracts

Smart contracts are self-executing contracts that are stored on the blockchain. They let people make and carry out complicated agreements without having to rely on a central authority. In these types of meetings, smart contracts are used to make and enforce the rules and agreements for the meeting.

For example, a smart contract can be used to set meeting agendas, assign tasks to participants, and track progress. It can also be used to enforce meeting rules. It can be used to implement participants to sign off on meeting minutes. Also, it can be used to ensure that only authorized participants are able to access meeting documents.

Decentralized Governance

Decentralized governance protocols are in place for decentralized meetings. Participants can make decisions about the meeting without relying on one person in charge.

One example of a decentralized governance protocol is the Decentralized Autonomous Organization (DAO) protocol. A DAO enables participants to create and manage a decentralized organization without relying on a central authority. It is used in decentralized meetings to enable participants to make decisions about the meeting.

Web3 meetings

Freename as a Web3 Meetings Host

Freename’s potential as a decentralized meetings site means it could one day offer users a safe, decentralized alternative to centralized services like Zoom and Google Meet for confirming their identities and participating in online conferences. This could be especially helpful for distributed groups or societies that value anonymity, safety, and freedom.

Check out this tutorial to learn more about how to host Web3 meetings with your Freename domain.

Users would have more control over their data and identities if they hosted their Web3 gatherings on Freename rather than relying on third-party providers. To give users a better-decentralized hosting experience, Freename partnered with Huddle.

This is an opportunity to benefit from Freename’s Web3 domain hosting into its website. Freename users can directly host their meeting from their freename account without even having an account with Huddle. You can trust Huddle to provide you with a secured end-to-end meeting encryption. All of your discussions are protected.

Conclusion

Web3 meetings represent a significant evolution in how we communicate and collaborate online. By using decentralized communication protocols, decentralized identities, smart contracts, and decentralized governance, they create a safe, open, and trustless environment for communication and collaboration. Decentralized meetings can change how we work and talk online by giving us an option that is more private, secure, and focused on the user than traditional online meetings.

They can revolutionize how we work and interact online, providing a more private, secure, and user-centric alternative to traditional online meetings. As more companies and organizations adopt Web3 technology, we can expect to see an increasing number of decentralized meetings taking place and a growing community of users and developers building new Web3 meeting applications and protocols.

While Web3 technology is still in its early stages, the potential benefits of decentralized communication and collaboration are clear. As Web3 continues to evolve, we can expect to see even more innovative applications and use cases emerge, leading to a more open, secure, and decentralized internet for everyone.

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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!

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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!
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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!

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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.

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