Understanding Freename Web3 Domains, Use Cases, and Benefits

Web3 domains

The internet has become a necessity in today’s world. But it also has a fair share of safety issues, risks, and threats. For many years, we have debated online data safety and privacy. Site owners frequently face the issue of desired domains being taken or too expensive. Even people who purchased domains do not have complete control and ownership over their digital identity. These are just some of the common issues and shortcomings of the world wide web.

But with blockchain technology, the internet is slowly evolving from Web2 to Web3. This new web version aims to make the internet decentralized and more transparent through unique solutions. One such solution is Freename.io – a growing platform that offers Web3 TLD domains.

Read on to learn more about Freename Web3 domains, how it’s revolutionizing the internet as we know it, and its use cases for both Web3 and Web2.

What are Web2 and Web3?

Web2 is the internet we use today, allowing people to freely share information, create and publish content, interact, and collaborate with other user-generated content. Web3 is the concept of the next version of the internet, one that is decentralized through blockchain technology. In doing so, it can remove the control of centralized authorities over the internet.

What is Freename?

Before we learn more about Freename, let’s talk about TLDs. A top-level domain (TLD) comes after the dot (.) of a website’s URL. We already know that .com is the most prominent TLD in Web2. Then there are other well-known ones like ‘.org’ and ‘.edu’ and country-specific TLDs like ‘.uk’ or ‘.in.’

But all these domains are governed by one centralized body – the Internet Corporation for Assigned Names and Numbers (ICANN). On the other hand, Freename offers TLDs that are powered by blockchain technology. It allows users to mint new Web3 domain names and gain complete ownership. Some Freename TLDs include .metaverse, .moon, .chain, .young, .free, and .token.

Use Cases of Freename Domains in Web3 and Web2

Why are Freename domains a big deal, and what are their use cases? Let’s find out.

Total Control and Ownership

Since ICANN has authority over all TLDs, you can never fully own a domain name even though you have purchased it. In a sense, all domains are ‘leased,’ and you have some control over them only for as long as you have paid for them. However, with Freename.io, they will fully own the Web3 TLDs minted by users.

This has a wide scope of applications, especially for businesses. Their own Web3 TLD gives organizations complete freedom and control over their domain. That means you will never worry about ICANN or any other authority taking down your website and online identity.

Web3 domains

Reduced Costs and Passive Income Source

Domains purchased through Freename require a one-time payment, after which it is yours forever. Without recurring fees, it’s significantly cheaper to own a TLD domain with Freename instead of buying (rather, leasing) a domain name governed by ICAAN.

Freename also offers royalty income to domain owners whenever another entity uses its TLD. That means individuals and organizations can mint and register their domains on Freename and turn it into a source of passive income. One can even sell their domain on any other marketplace, so the domain serves as an asset.

Create Your Own TLDs

Another exciting application of Freename Web3 domains is that it allows anyone to create their own TLD. It eliminates the need to purchase domains from other registrars. Instead, anyone can become a registrar with Freename. Not only is this convenient, but it removes many other hassles of traditional domains, like not getting a desired domain due to it being taken or extremely high cost.

Decentralization of Digital Identity and Online Activity

The internet is already free and open, as anyone can post online. But it’s not completely free from control. As mentioned earlier, ICANN still holds authority over all TLDs, and certain regulations allow your posts or even your entire website to be taken down by higher authorities.

Since Freename TLDs are based on blockchain technology, they are not controlled by any regulatory body. Such a decentralized system can revolutionize the web as we know it!

Manage Web3 Whois Information

Freename also provides a Web3 Whois platform, where people can check the information of any Freename domain. You can even check for wallet addresses and see if it’s associated with any specific domain or TLD.

Web3 domains

Web3 Mail

Your Freename domain will also serve as your email address. And since it can also be connected to your wallet, it allows wallet-to-wallet communication. This makes your emails a lot more secure, and of course, it’s highly convenient to connect your domain, payments, and mails.

Browser Extension

Freename comes with its own browser extension that lets you access features like Whois info and Web3 Mail straight from your browser. The extension lets users surf the internet and access Web3 domains by directing them to Web2 websites.

Website Builder

Users can also build entire Web3 websites with Freename by integrating with Eternal Digital Assets (EDA) platform. So not only can you mint and own Web3 TLDs, but you can also set up a complete Web3 site. The best part is that it’s a simple visual website builder with a user-friendly interface.

Web3 Video Conferencing

Huddle, a decentralized, peer-to-peer video conferencing platform, has also collaborated with Freename. This partnership allows users to host and join Web3 video conferences directly with their Freename domain. It’s an exciting solution for businesses to boost communication with teams.

Privacy and Security

Blockchains are known to be incredibly resilient, secure, and extremely difficult for cybercriminals to exploit. That’s why Freename domains are highly secure and limit data sharing, thus protecting user privacy much better than traditional domains. Freename TLDs can also be used as crypto payment addresses, so other entities can easily pay you in crypto using your domain. It’s an excellent solution for making secure transactions.

Summary

These use cases of Freename domains have huge benefits in various areas – digital freedom, identity, ownership, privacy, and security. But it’s still a work in progress, and the future of the web seems promising with the rise of Web3 TLDs. Therefore, now is the best time to acknowledge the power of Freename domains and gear yourself for the Web3 evolution.

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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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