An NFT domain marketplace has announced that it allows a number of premium domain extensions, including .metaverse, .VR and .chain.
According to Quik.com, the launch of these new domain names provides consumers and projects with an opportunity to secure coveted, memorable addresses.
Although at first glance they look like regular URLs, they actually offer much, much more.
For example, they can simplify crypto transactions by eliminating the need for long alphanumeric wallet addresses. These are long sequences of letters and numbers that can easily be misspelled. These domains can also be used as a universal username across the web3, whether you are in a game or a virtual world.
Full ownership eliminates the risk of centralization or censorship, and you can also build websites on these domains.
According to Quik, all of these use cases will be implemented when the platform’s Chrome extension launches, which is scheduled for the end of the year.
Such personal domains form the basis of Web3. In this world, the tech giants are bypassed and control over data is returned to the users. And these usernames will not only be an important identifier in our online lives, but will also serve as crypto-wallets where we can keep our digital assets safe.
But it goes even further: the .metaverse, .chain, .VR, .doge, .shib, .bored, .web3, .btc, .address and .i extensions are offered. This allows users to choose a domain that matches the cryptocurrency or technology they believe in the most.
How to create a blockchain domain
According to Quik, embedding or buying an NFT domain is quick and easy. They are stored on the Ethereum blockchain, so they are not tied to centralized devices like ICANN.
Users can sign up or create an account on Quik.com using their MetaMask or other mobile wallet. From here you can select the desired username and perform a transaction.
Of course, the world of NFT domain names is very competitive, so certain names or one-word addresses are quickly sold out. If an address is not available, Quick’s system will offer a number of alternative suggestions to help you find the perfect address.
Once you have approved the transaction in your own wallet, it will be verified on the Ethereum network. This means that you do not have to wait long for the NFT domain to appear on your profile. Then you can use them as you wish.
Quik regularly announces new domain names and shows a countdown to upcoming launches, so users have equal chances of a premium title.
In the marketplace, you can also search for domains that other users sell. Quick’s website also has a top selection of short and crypto-related usernames.
Soon, decentralized websites will play a bigger role in our online lives and may become an important part of our identity. Quick’s vision is simple: provide transparency and let anyone easily offer, sell and buy these digital goods.
While regular domains need to be renewed annually, a Quik domain is yours forever. All fees have already been paid. You also have the option of selling domains in a particular marketplace.
There used to be fierce competition for the most memorable .com domains. Now there is one among the most coveted blockchain usernames and Quik offers them.
Disclaimer. Cointelegraph does not endorse any content or products on this site. While we would like to provide you with all the important information we can get, readers should do their own research before acting. They bear full responsibility for their decisions. This article does not constitute investment advice.
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