The blockchain work “goes all-in” connected Web3 domain names to alteration “seamless entree and payments crossed a increasing fig of dapps, exchanges and marketplaces.”
Cover art/illustration via CryptoSlate
Popular cryptocurrency wallet and trading work Blockchain.com has teamed up with blockchain-based domain names registrar Unstoppable Domains, adding enactment for each of the latter’s extensions successful bid to “simplify Web3 individuality and payments for its 81 cardinal wallets” today.
“Replacing analyzable addresses with quality readable domains connected Blockchain.com allows users to nonstop and person crypto arsenic easy arsenic sending an email, and we’re excited to present enactment each Unstoppable Domain,”
Amadeo Pellicce, a elder merchandise manager astatine Blockchain.com, said successful a property merchandise shared with CryptoSlate.
The Partnership
According to the announcement, this concern aims to easiness the Web3 onboarding process for caller customers by offering user-friendly domain names alternatively of “overly complicated” accepted alphanumeric blockchain addresses.
As a result, crypto enthusiasts volition beryllium capable to assertion human-readable and easy-to-remember addresses crossed Web3 successful the signifier of non-fungible tokens (NFTs). Namely, Blockchain.com present supports domains specified arsenic .x, .nft, .wallet, .coin, .bitcoin, .dao, and .888 wrong its wallets.
Sandy Carter, the elder vice president of Unstoppable Domains added:
“With millions of radical utilizing Blockchain.com Wallet successful much than 200 countries each day, it’s partners similar these who assistance marque NFT domains and elemental crypto payments much accessible to the adjacent influx of users,”
Notably, the registrar “provides top-level NFT domains that are minted connected the blockchain, with zero state fees oregon renewal fees,” truthful erstwhile specified an code is bought, “it’s yours to ain and negociate forever.”
Currently, Unstoppable Domains offers 10 antithetic extensions, including .blockchain (marked arsenic “coming soon”), .bitcoin, .coin, .crypto, .dao, .nft, .wallet, .x, .zil, and .888, which users tin entree natively via Brave and Opera browsers arsenic good arsenic done extensions for Chrome, Firefox, and Edge.
$14 cardinal valuation
Simultaneously, Blockchain.com besides announced the closure of a caller backing circular contiguous which propelled the company’s valuation to astir $14 billion, placing it among 1 of the astir invaluable crypto enterprises. Looks similar bully things travel successful pairs indeed.
The backing circular was led by Lightspeed Venture Partners and saw large information from Baillie Gifford & Co.
Following the backing round, Blockchain.com said it is readying to instrumentality NFT trading and ditto hosting to let users to commercialized NFTs utilizing its autochthonal wallet. It has launched a waiting database for the upcoming service.