NFT domains marketplace commences minting of .metaverse, .VR, .chain addresses

Years ago, everyone was crazy about.com domain names. Now, the focus is shifting to NFT domains, which provide far more.
An NFT domain marketplace has announced the availability of a slew of premium extensions, including.metaverse,.VR, and.chain.

According to Quik.com, the introduction of these new domain names allows consumers and projects to obtain extremely desirable, memorable addresses.

However, while they may appear to be ordinary online URLs at first glance, the marketplace claims they offer much, much more.

These domains can be used as a global login across Web3, whether you’re in a game or a virtual environment, and not only can they facilitate crypto transactions by eliminating cumbersome alphanumerical wallet addresses – long strings of letters and numbers that can be prone to errors.

Complete ownership avoids the risk of centralization or restriction, and these domains can also be used to develop websites.

All of these compelling use cases, according to Quik, will be realized once the platform’s Chrome extension launches, which is due by the end of the year.

Such customised domains are poised to form the foundation of Web3 — a world in which digital giants are bypassed and data ownership is returned to users. These usernames will not only act as identifiers in our online lives, but they will also serve as crypto wallets where we can safely deposit our digital assets.

Even better, the extensions available go beyond.metaverse and include.chain,.VR.doge,.shib,.bored,.web3,.btc,.address, and. i. This allows users to have a domain that corresponds to the coins or technology in which they have the most faith.

Creating a blockchain domain name

According to Quik, the process of minting or purchasing an NFT domain is both rapid and painless. They’re stored on the Ethereum blockchain, which means they’re not controlled by centralized entities like ICANN.

Users can use their MetaMask or another mobile wallet to log in or create an account on Quik.com. They can then look for their selected login and proceed to finish a transaction.

Of course, the world of NFT domain names may be extremely competitive, which means that specific names or one-word addresses are swiftly snatched up. If your selected address is not available, Quik’s algorithms provide a variety of alternative options, allowing you to pick the ideal one.

The transaction is verified on the Ethereum network once you have approved it in your own wallet. This means you won’t have to wait long for the NFT domain to show in your profile, ready to use as you see fit.

The internet of the future

Quik routinely releases new domain names — and provides a countdown to impending debuts so users may be among the first to get their hands on premium titles.

With top recommendations for short and crypto-related usernames listed on the Quik homepage, you can also explore the domains that other users are selling.

Decentralized websites will play a larger role in our online lives in the not-too-distant future, potentially establishing an important component of our identities. 

And, unlike domains, which must be renewed on an annual basis, anyone who purchases a Quik domain will own it in perpetuity – with all expenses paid in advance. They will also be able to sell it through a dedicated marketplace in the future if they so desire.

There was once a scramble to secure the most memorable.com domains. All eyes are now on the most sought-after blockchain usernames, and Quik is allowing access to them all.

NFT domains marketplace commences minting of .metaverse, .VR, .chain addresses

Nonhlanhla P Dube

Nonhlanhla P Dube is a senior news reporter at Rateweb. Nonhlanhla is a student of International Relations at the University of South Africa. She reports primarily on personal finance and economics. You can contact her directly by email at [email protected]

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