The Future of the Internet: Domain Registrars and New TLDs

new tlds

Introduction

In the throbbing heart of the digital ecosystem, domain registrars weave the invisible web of cyberspace. Guardians of the web, they decide the fate of millions of virtual spaces, shaping

the digital identity of companies and individuals with a simple string of characters.

With the advent of new gTLDs, the landscape of the Internet has been enriched with new nuances. These digital pioneers offer a broader canvas on which to paint one’s online presence, breaking the traditional boundaries to open up to a global language that embraces diversity and vision.

The growing need for new TLDs is not a fad, but a symptom of our chameleonic nature in the digital world. We want to stand out, be recognized, leave an indelible mark in the
electronic sands.

The year 2023 has revealed that, despite the crowd, the Internet remains a horizon open to exploration, a frontier where there is still room to make a mark, to innovate, to assert one’s tailor-made identity.

And in this increasingly dense digital future, the demand for new TLDs grows, a sign of a human desire that transcends technology: the desire to be, simply, unique.

new tlds

Summary

– Web Guardians: The Power of Domain Registrars

– The gTLD Surge: Internet’s New Chapter

– The Growth and Need for New TLDs 

 

Web Guardians: The Power of Domain Registrars

In the vibrant digital ecosystem, the power of domain registrars is extraordinarily concentrated. Examining the data of the new gTLDs, the top 15 ranked registrars control a significant portion of the market with over 14 million domains.

At the top, GoDaddy reigns with 4.943 million domains, holding 14.53% of the market share. Closely following is NameCheap, with 14.19% and 4.826 million domains, showcasing its strong presence in the industry.

NameSilo and Alibaba Cloud Computing stand out with 5.45% and 4.66% of the share, respectively, while GMO Internet Group claims 4.65%. These giants demonstrate how trust and technological innovation are capital in the domain name sector.

Beyond the first 5 leaders, registrars such as Hostinger, Squarespace Domains, and Dynadot strengthen the landscape with a significant market share, followed by other influential registrars like Tucows, PublicDomainRegistry and others.

These digital gatekeepers not only set the rules of the game for the industry but also the trajectories for digital growth of businesses and individuals in an increasingly connected world.

Top Registrars (new gTLDs)

new tlds

Source: nTLDStats.com

The gTLD Surge: Internet’s New Chapter

In the contemporary digital landscape, new gTLDs are redefining the way we identify ourselves online. With over 61% of the market share concentrated in the top 15 new gTLDs, we are witnessing a new virtual geography that extends beyond the traditional boundaries of “.com” and “.net”.

Leading this digital fleet is “.xyz”, which, with its 3.669 million domains, represents 10.79% of the sector, embodying the ideal of a universal and accessible domain.

Close behind are “.online” and “.top”, with 3.155 and 2.885 million domains respectively, symbolizing borderless connectivity and excellence in cyberspace.

“.shop” and “.site” reflect the growing e-commerce economy and online presence, with 2.188 and 1.632 million domains, while “.store” asserts itself as a beacon for digital retail.

Names such as “.cfd”, “.vip”, “.app”, and “.live” have stood out not just for their registration numbers but also for their ability to attract specific niches, from fashion to technology, live lifestyles to mobile applications.

These digital spaces, which also include “.click”, “.club”, “.tech”, “.space”, and “.buzz”, have become synonymous with identity, innovation, and community in the Internet era, demonstrating that domains are much more than mere addresses: they are extensions of our presence in the virtual world.

Most Popular gTLDs:

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Source: nTLDStats.com

The Growth and Need for New TLDs

The Internet domain landscape has undergone a significant transformation, highlighting a sustained growth trend for new gTLDs. In less than one year, we have witnessed a steady increase from 30 to 34 million registered domains, a clear sign that these newcomers to the digital space are gaining ground.

This expansion reflects an undeniable reality: in the quest for originality and recognizability online, individuals and businesses are increasingly turning to new TLDs. They offer the possibility of acquiring shorter, more intuitive, and memorable domains, which are vital for standing out in an information- saturated Internet.

The growing popularity of new TLDs is not just a matter of fashion or preference; it’s the answer to a need for personalization in cyberspace. In a world where digital identity is as critical as the real one, the uniqueness of a domain can make the difference between being noticed or overlooked.

2023 has shown us that in the vastness of the web, there is still room to grow, to innovate, to be distinctive. And as we move towards an increasingly crowded digital future, the demand for these new TLDs, bearing witness to tailored identities, seems only set to increase.

The Growth of New gTLDs in Millions (2023):

new tlds

Source: nTLDStats.com

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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!

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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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