Bridge to the next generation of Internet and Web 3.0

Most internet users today only know domains as a combination of letters that they enter into their browser. What many do not realize, however, is that domains were meant for much more than just displaying a website, such as sending emails and making payments. So why do the domains not take advantage of these extra features? In short, it is under the control of central servers. As it happens, with centralization comes greater control, which in turn inhibits innovation.

Fortunately, the rise in NFTs and decentralized technologies has proven that barriers that were once high can be broken down. With decentralized domains, users retain full control over their assets, which are verified on the blockchain and stored in a virtual wallet that resembles a cryptocurrency.

These domains then offer options such as support for decentralized sites, full control over domain management and developers can innovate. Not only what is entered in the browser plays a role here. In fact, NFT domains are seen as the catalyst for transforming the Internet as the world knows it today.

Quik.com recognized the enormous potential of NFT domains. This website claims to be “the world’s first blockchain marketplace for NFT domains”. The platform allows for the purchase and sale of blockchain-based NFT domains and includes a domain name registry where users can browse specific directories.

With this project, the team behind Quik says they want to “offer a creative NFT domain for tomorrow’s internet”.

The Quik ecosystem acts as a gateway to Web 3.0 and aims to help businesses move from Web 2.0, a centralized system, to a Web 3.0, a license-free and sustainable Internet future. Ultimately, users can regain the freedom lost in the transition from Web 1.0 to Web 2.0 and move towards the decentralized future that experts say is inevitable.

own instead of rent

The system is based on traditional domain sales. This allows buyers to browse the listings using an advanced search system and offer blockchain domains to users with minimal effort. The difference to traditional domains is the foundation, namely a blockchain infrastructure.

With blockchain, NFT domains are no longer leased, but are owned by the user. Therefore, a one-time registration fee is charged for the domain. After that, never pay anything for it again. Actual ownership also means that the original publisher is entitled to a perpetual royalty of between 5 percent and 10 percent on each subsequent sale of the domain.

More information about Quik can be found here

Once launched, users can visit top-level domains (TLDs) such as .doge, .shib, .vr, .bored, .blockchain, .web3 and .metaverse, which simultaneously represent an original work of art. This allows users to access tomorrow’s internet via a gateway of their choice. However, the embossing capacity of the TLDs will be limited. This means that whoever comes first can also shape first.

These initial TLDs will run on the Ethereum (ETH) blockchain, but Quik.com plans to add more blockchains, including Solana (SOL), Binance Smart Chain (BSC) and GateChain.

Within the Quik ecosystem, domain owners can use their domain as a site URL, as a universal username for apps and sites, or as a payment address for their wallet. These use cases are just the beginning, and more will be added as the ecosystem evolves.

From domain names to wallet addresses

Following the launch of Quick’s NFT domain marketplace, scheduled for the end of February 2022, the team intends to remain focused on rolling out extensions for web browsers, including their own, and partnerships with several major cryptocurrency wallets such as Coinbase. Through these partnerships, exchanges can then use Quik NFT domains instead of the existing wallet addresses.

Quik.com also hosts a private QUIK token presale, which will be followed by a public token sale.

Learn more about Quik

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