Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users – Blockchain Bitcoin News

Blockchain.com announced that it is partnering with Unstoppable Domains, a provider of NFT domain names and the Web3 digital identity platform. This partnership will allow for the launch of.blockchain domains. In the next few days, 83,000,000 Blockchain.com wallet owners will be able to get a free.blockchain DNS domain.

Blockchain.com Partners With Unstoppable Domains — Firms Launch 1st Branded Top-Level Domain

Blockchain.com is a leader in crypto since 2011, when it launched the first Bitcoin (BTC), block explorer. Unstoppable Domains is the new digital identity company Unstoppable Domains. The announcement was made this week by Blockchain.com. It is an identity startup that provides Web3 services. The company also offers domain names.

Unstoppable Domains and Blockchain.com announced that they have launched the first-ever top-level domain branded by Unstoppable Domains. The new name will be.blockchain. Blockchain.com will offer a free domain name for all Blockchain.com wallet customers in the next weeks. A .blockchain domain name can replace a long alphanumeric crypto wallet address and funds can be sent to a human-readable name like “sarah.blockchain,” rather than using a long address.

Web3 identifiers can be used to leverage the.blockchain name for decentralized apps (dapps), metaverse apps and marketplaces. Users can use the.blockchain name to transact on social media sites, marketplaces, and other decentralized platforms. Lane Kasselman, the chief business officer at Blockchain.com thinks the new .blockchain feature will make it easier for millions of users leveraging the company’s non-custodial wallet.

“With a .blockchain domain, our users can not only send and receive crypto as easily as they send email, but own their identity in Web3,” Kasselman said in a statement during the announcement. “Our partnership with Unstoppable Domains marks the first custom top-level domain (TLD) and gives us a unique way to share the .blockchain name with the millions of users of the Blockchain.com Wallet.”

On Friday, Unstoppable Domains further said that the .blockchain domains will also be available through the company’s web portal. The name will be held forever by the owner once the NFT domain is claimed. NFT domains are created using the Polygon blockchain. No renewal fees or minting fees apply.

How do you feel about Blockchain.com’s partnership with Unstoppable Domains. Is it beneficial to have human-readable domain names that are blockchain-readable? Comment below and let us know how you feel about the subject.

Jamie Redman

Jamie Redman is the News Lead for Bitcoin.com News. He also lives in Florida and works as a journalist covering financial technology. Redman joined the cryptocurrency community in 2011 and has been an active participant ever since. Since 2011, Redman has been an active member of the cryptocurrency community. Redman is a prolific writer for Bitcoin.com News, with over 5,000 articles on disruptive protocols.