What Domain Prices Depend On

domain prices

When it comes to purchasing a domain name, various factors can impact the domain prices. They include the popularity of the name, the domain extension, and the market demand. Understanding these factors is crucial for those looking to purchase a domain, whether it be for personal or business use.

This article will explore the key factors that influence domain prices. It will also provide valuable insights to help you decide when purchasing a domain.

What is a Domain?

The fundamentals of internet domains consist of five primary components. The 1st component is the protocol (https://). The second component is the subdomain (www). The third domain name (the chosen address name). The fourth extension component is the top-level domain (.disrupt, .metaverse, .dao, .inflation, etc.), The fifth extension component is the root domain (the first and second-level domains, known as the “domain” part of the URL).

For businesses and organizations, having a domain name that is easy to remember and simple to type is critical in helping customers. Domains enable websites to be hosted on robust web servers and accessed by clients via their web browsers. Hosting providers are businesses offering servers to manage website hosting and access.

Is There a Difference Between Domain and Website?

Indeed, there is a distinction between a domain and a website. The former refers to the site’s address, while the latter requires hosting services. It involves a company providing servers to host the website. Hence, a website can only be accessible online after registering a domain and purchasing web hosting space.

What Is the Importance of Domains?

Your website’s domain name is crucial in identifying your online presence and showcasing your business activities to the world. It is the primary tool for users to locate your website and is key to building your online identity especially in the decentralized world.

Moreover, as many domains increase in price, they are a great asset to invest in. Especially crypto domains are becoming more and more important, as blockchain services thrive in all kinds of sectors.

Selecting the ideal domain name and extension is a crucial decision. It requires careful consideration since a significant portion of your online presence success depends on it. As a result, it’s important to choose wisely.

Why Are There Price Differences for Domains?

Despite the Domain Name System (DNS) being infinitely vast, who would want a web address comprised of a cryptic sequence of letters and numbers? Concise terms or phrases are usually more popular and easier to remember. Different top-level domains (TLDs) or domain extensions have varying degrees of reputation, which can also affect pricing. While traditional extensions like .com or .org remain the most popular, new TLDs are growing increasingly fast.

domain prices

Furthermore, there are numerous providers to choose from, with slight variations in pricing. Some providers may also offer special deals from time to time. While cost should not be the sole factor when selecting a domain provider, it’s worth comparing multiple providers before deciding.

It is important to understand the components of a domain and what you are paying for when purchasing one. You can even adjust the price of domains acquired under your registered TLDs. 

Factors that determine domain prices

  • The surnames are more pricey than the regular names domain. This is because surnames can be attributed to unique names.
  • Also, shorter domain names like .444, .333 and country-specific top-level domains (ccTLDs) are pricier. This is because they are short, attention-grabbing and very easy to recollect. They also do well in SEOs and web optimization in the web3 ecosystem. 
  • The frequency of the word search and language is also a big determinant of the price of the web3 domain.

When purchasing a domain, you can choose the top and second-level domains immediately, but subdomains can usually be freely decided upon later. By understanding the components of a domain, you can make informed decisions about which domain to purchase and from which provider.

What Is the Price of a Domain?

When considering domain prices, it’s important to differentiate between available and already assigned domains. The latter’s prices can vary depending on demand and whether the current owner is willing to sell it. However, the cost of available domains is more relevant for many users. The price of available domains varies depending on the desired top-level domain. In addition, there is no yearly renewal. Every domain name you get is a one time purchase. 

What Are Domains Prices on Freename?

In essence, Web3 domains are revolutionizing the way we utilize the internet. With a Web3 domain, you can use it not only as a website address but also as a digital wallet to send and receive payments in cryptocurrencies, set up Web3 meetings, etc. Unlike traditional extensions like .com or .it, blockchain domains have unique extensions, such as .coin, .dapp, .ido, .whale, .sale, .eco, .share, .myart, or .blockchain, that can be registered on platforms like Freename.io.

domain prices

The cost of a domain name is determined by its availability and rarity. Short, popular names are usually more expensive than less common ones. 

This price range applies only to available domains that can be registered through a simple process. If you want to purchase a domain that is already taken, you will need to negotiate with the owner to agree on a price. Be prepared to pay more for a domain that is already owned.

Additionally, the cost of a domain can vary based on the chosen top-level domain (TLD). For example, the TLD, .ether can be secured at $29,990 on the Freename platform, but domains registered under it are much less expensive. Some SLDs under registered TLDs, like .satoshi, .metaverse, .cardinals, .hld, etc. are available for as low as $5.

You should note that if a TLD has not been registered, you have to buy it to register domains under it. Therefore, domains under a registered TLD are much cheaper to purchase. 

Conclusion

Domain extension, length, age, popularity, and the seller’s pricing strategy all influence domain name costs. Understanding these variables might assist you in making an informed selection when selecting a domain name and negotiating a reasonable price. While some domains may attract high costs due to their popularity or marketability, examining your budget and goals is critical before purchasing.

Finally, the value of a domain name is subjective and is determined by the perceived value of buyers and sellers. You may pick a domain name that matches your goals and budget by keeping these things in mind and conducting research.

 

 

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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!

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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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