Top 5 Benefits of Using Web3 Domains

Web3 domains benefits

Web3 domains are the future of digital asset ownership. They are a secure, decentralized way to store and manage your digital assets. The benefits of using a Web3 domain go beyond security and decentralization, as they offer numerous benefits for businesses and individuals. This article will examine the top 5 benefits of using a Web3 domain. From increased visibility to improved scalability, these benefits can help you take your business or personal brand to the next level. Let’s explore them in more detail!

Why Do You Need a Web3 Domain?

The internet constantly changes, and new technologies emerge each year that alter how we communicate and engage online. Web3 domains are one such invention that has gained momentum in recent years. These names provide a decentralized strategy for web hosting that differs significantly from conventional hosting methods. This piece will examine the top 5 benefits of using a Web3 name. We will examine how it can change our thoughts about the Web3 domain.

 

Web3 domains benefits

Enhanced Security

One of the primary benefits of Web3 names is the enhanced protection they provide. To keep and administer website data, traditional domains depend on a centralized set of servers. Because a single point of failure can jeopardize the entire network, this system is susceptible to computer assaults. Web3 domains take a decentralized strategy for data distribution by distributing it across a network of peers. Because the data is distributed across numerous places, cybercriminals find it much more difficult to target a singular victim.

The use of blockchain technology is another important security element of Web3 sites. Blockchain is a distributed ledger that documents all network activities. Each block in the chain is cryptographically connected to the one before it, resulting in a safe and tamper-proof system. Blockchain is used by Web3 sites to identify and check transactions, ensuring that approved users can access the network data.

Increased adaptability

Web3 domains also provide more freedom than conventional domains. A traditional domain is restricted to a single domain name and a collection of characteristics. Web3 domains provide many customization choices that enable you to customize your online appearance to your particular requirements.

Web3 domains, for example, enable you to establish subdomains, which are basically separate websites connected to your principal domain. This can be helpful if you want to separate various products or services on your website. Subdomains can also be used to build landing pages for particular marketing initiatives or promotions.

Smart contracts, which are self-executing contracts that handle certain procedures, are also possible with Web3 domains. You could establish a smart contract that transfers money to a vendor when they give a product or service. You can save time and money by removing the need for manual payment handling.

Secured Ownership

One of the most significant benefits of Web3 domains is the greater control they provide. A traditional domain is a domain name you hire from a domain registrar. This means you don’t actually own the domain name and have restricted options for using it.

Web3 domains are built on blockchain technology, allowing for real domain proprietorship. You become the single proprietor of a Web3 domain when you register it and have full control over its use. This means you can sell or move your domain name whenever you want. Also, you don’t have to fear a domain registrar canceling it for any reason.

Web3 domains benefits

Better Privacy

Web3 domains also provide more anonymity than conventional domains. Your personal information, such as your name and location, is accessible in the WHOIS directory when registering a conventional domain. This can be a security concern because it makes it easy for cybercriminals to locate and target domain proprietors.

Web3 domains enable you to keep your confidential information private. When you create a Web3 domain, your confidential information is not made public, making it much more difficult for cybercriminals to target you. This is especially essential if you operate a company or website that handles sensitive information, like financial or medical information.

Freename as a Web3 Domain Source

Freename is widely used as a place to register Web3 names. Users can buy autonomous domain names through Freename, a Web3 domain registrar, and have them registered on the Ethereum network.

If you want to buy a Web3 domain, Freename offers much. First, it gives people more say over their online identity by allowing them to buy and keep their domain name. Web3 domains are listed on a decentralized blockchain network. They offer greater security and defense against censorship than conventional domain names, which centralized organizations manage.

Freename’s greater compatibility with other decentralized networks is yet another perk. Integration with other blockchain-based apps, like decentralized markets or social media sites, is simple with Freename domains. Because the same domain name and identification can be used across multiple channels, the user experience can be more consistent.

Web3 domains benefits

In addition, Freename provides a straightforward interface for sourcing Web3 domain names. The Freename control panel makes it simple for users to look for, buy, and administer their domain names. This control panel equips users with everything they need to administer their name. This includes the means to link it to various distributed systems.

If you want to buy a Web3 domain name, Freename is a safe and simple option. A lot of people who want to take advantage of what Web3 names have to offer, choose Freename. It gives them more say over their online identities, is more compatible with other autonomous platforms, and is easy to use.

Conclusion

Web3 domains offer a decentralized approach to web hosting that is fundamentally different from traditional hosting methods. Web3 domains provide a secure, censorship-resistant, and private platform by using blockchain technology to create a decentralized DNS. They also offer greater control over online presence and increased interoperability with other blockchain-based applications.

More businesses and individuals are looking to take advantage of the benefits of blockchain technology. Web3 domains are likely to become an increasingly important part of the online ecosystem. By providing a decentralized, secure, and flexible platform, Web3 domains offer a glimpse into the future of the internet. Users have greater control over their online presence and privacy.

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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.

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