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The team members at Unstoppable Domains are making a impact on the domain name space for the new Internet. Being in the domain space for many years, here is why you should register yours.
Before I jump into why you should head over to Unstoppable Domains and register your own blockchain based domain, let’s take a look at the company first and where they originated.
As a San Francisco-based company building domains on blockchains, Unstoppable Domains is backed by Draper Associates and Boost VC and has even received grants from the Ethereum Foundation and the Zilliqa Foundation.
They company has set out on a mission that everyone, everywhere in the world should be able to access the internet and conduct business without fear of censorship. Because no one person or group can be trusted to decide what we see and do, the only safe system is one where nobody in the world can interfere.
That said, they believe this new blockchain technology is critical for promoting free speech and opportunity around the world. Unstoppable Domains is based in San Francisco, and has offices in Kyiv, and is going to be opening offices in several more cities soon.
So Why Blockchain Domains for Crypto?
Several reasons, but the one I want you to focus on today is – adoption! You see, blockchain based domains will replace cryptocurrency addresses with a human readable name.
This is huge for adoption due to the fact that crypto addresses are very long and are also very hard to remember. Not to mention they are subject to error.
Think about the following scenario..
Would you rather remember this key (cryptocurrency address)
Or would you rather remember this domain name below?
Yes – that is what Unstoppable Domains is doing, and by building out this new Internet it will help speed adoption to the every day user that is not technical.
When they accomplish their mission mentioned above, you will be able to send cryptocurrency to a recipient’s blockchain domain instead of a long complicated address.
You’ll be able to send Bitcoin, Ethereum, and any other cryptocurrency with just one domain and with ease. There will be no more worrying about sending to the wrong address by missing a number or letter. This is critical when transactions on the blockchain are not reversible.
Unstoppable Domains will make getting it right the first time – the easiest. Your own domain is stored in your wallet, just like cryptocurrency. No one can move it around other than you.
When it comes to sending or receiving crypto, point your Bitcoin, Ethereum, and Zilliqa addresses to your .zil or .crypto domain inside of the ‘my domains’ section under your Unstoppable Domains account.
That way when someone types yourname.crypto or yourname.zil into a supporting wallet, the wallet looks up that domain on the blockchain, finds the appropriate address, and sends to the address associated with that name. Easy or what?
Blockchain being mainstream is still years away, why the rush to register my domain?
Just like the early days of the original Internet, good domain names were registered ahead of the masses and many great names were already taken by the time most users started to realize it and were ready for a domain.
Blockchain technology is getting adopted faster than most realize and in the next few years you will begin to see more mainstream use – Unstoppable Domains is a prime example of this. They are live and actively working to build the new Internet as you read this.
Why not jump ahead of the masses this time and secure your blockchain domain, to make the future of sending and receiving crypto much easier! Here’s how you can get started and claim your own blockchain domain.
- Decentralized Domain Registry Raises $4 Million From Draper, Boost VC.
- Draper Associates – Early Stage Venture Capital Firm.
- Boost VC is a family of founders making Sci-Fi a Reality.
- Unstoppable Domains Offers Companies a Chance to Claim their Trademarked Blockchain Domains
- Blockchain Domains: What Are They and How Are They Implemented?
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