Innovative Domain Registrar Freename Launches Blockchain Payments
Freename Combines Traditional Domains with Blockchain Technology
Freename, known for its innovative solutions in digital identity, has recently made a significant announcement regarding its domain registration services. The company is blending traditional domain functionality with the advantages of blockchain technology, ushering in a new era for both Web2 and Web3 utilities.
Introducing Web2 Domain Integration
The launch of Web2 domain integration is a game-changer for users aiming for a unified digital experience. With this development, individuals and businesses can register and transfer classic domains like .com and .xyz on Freename's platform. This integration allows users to enjoy functionalities typically associated with Web3, including wallet resolution and cryptocurrency payments, all from one convenient location.
A Milestone in Digital Identity
Freename has set itself apart by being the first domain registrar to achieve this integration successfully. Domains can now serve as websites, email addresses, and wallet identifiers simultaneously. This means that a standard .com domain can send and receive cryptocurrency payments, greatly simplifying transactions. For example, businesses can now receive USDT at mybusiness.com instead of dealing with long wallet addresses.
Statements from Leadership
In light of this launch, Davide Vicini, CEO and Co-Founder of Freename, emphasized the transformative potential of their new technology, stating, 'With this launch, the Internet evolves from static to dynamic.' He noted that traditional domains are now moving beyond a singular role, becoming multi-functional tools capable of unlocking wallet services and enabling smart contracts.
Furthermore, Mattia Martone, COO and Co-Founder of Freename, added, 'Your .com is now your wallet. We’re building the Unified Internet, where domains act as secure, multi-chain digital passports.' This vision aligns with the growing demand for secure and versatile digital identities.
The Benefits of On-Chain DNS
Freename's proprietary on-chain DNS technology allows for seamless interoperability between Web2 and Web3 environments. Web3 domains can now be resolved in standard web browsers, while Web2 domains can facilitate cryptocurrency transactions across various wallets. This innovation also enables users to create and monetize their own Top-Level Domains, allowing them to earn royalties from every registration.
Limited-Time Promotions for Users
To commemorate this milestone, Freename is offering special promotions, including discounts of up to 50% for Web3 registrations, free .com domains with qualifying purchases, and $10 credits available for existing Web2 domain transfers. These incentives are aimed at encouraging users to experience the benefits of Freename's combined DNS and blockchain functionalities.
Future Perspectives in Digital Identity
This announcement is timely, with the number of Web3 wallets surpassing registered domains, highlighting the pressing necessity for a seamless integration between traditional and decentralized internet infrastructures. Freename aims to seize the opportunity present within this $141 billion market by redefining how digital identities are constructed and managed.
About Freename
Freename AG is an ICANN-accredited technology company based in Switzerland. Their focus on bridging DNS and blockchain aims to redefine how digital identities are created, managed, and monetized in the online space, making it easier for users worldwide to embrace cryptocurrency wallets.
Frequently Asked Questions
What is Freename's latest launch about?
Freename's recent launch focuses on integrating blockchain technology with traditional domain registrations, allowing domains to function as both websites and cryptocurrency wallets.
How do Web2 domains work on Freename's platform?
Users can register and transfer traditional domains like .com while also benefiting from Web3 functionalities, such as receiving cryptocurrency payments directly to those domains.
What promotions is Freename offering for new users?
Freename is offering promotions including up to 50% off Web3 registrations and free .com domains with qualifying purchases.
How does Freename ensure interoperability between domains?
Freename's on-chain DNS technology allows seamless communication between Web2 and Web3 domains, enabling consistent functionality across platforms.
Who can benefit from using Freename?
Both businesses and individuals can benefit from Freename by utilizing a unified digital identity that combines website functions and cryptocurrency wallet capabilities.
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