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How to Use a Web3 Domain And What Can You Do With It?

How to Use a Web3 Domain And What Can You Do With It?

Web3 domains are not just digital addresses—they are powerful tools that open up new possibilities in the decentralized web. Unlike traditional Web2 domains, Web3 domains are stored on the blockchain, giving you full ownership and enabling innovative uses like hosting decentralized websites, simplifying cryptocurrency transactions, and managing your digital identity.

Understanding Web3 Domains

These days, using the internet is a daily need, and Web3 domains mark a dramatic change in our web interaction. These domains are not only the newest fad; they represent the foundation of a decentralized internet, an idea that is gaining traction as we look for greater privacy and control online.

How to Use a Web3 Domain

A Web3 domain offers more than just a web address—it provides a gateway to the decentralized web. Here’s how you can use a Web3 domain to enhance your online presence and explore new opportunities.

1. Host a Decentralized Website

With a Web3 domain, you can host a website on decentralized platforms like IPFS. This offers benefits like censorship resistance, enhanced security, and data privacy.

2. Simplify Cryptocurrency Transactions

Web3 domains act as human-readable addresses for cryptocurrency wallets. Instead of sharing a long wallet address, you can use a simple domain name like yourname.crypto to receive payments.

3. Manage Your Digital Identity

Use your Web3 domain as a Web3 identity for logging into decentralized apps (dApps) securely and managing your online presence without needing traditional logins.

4. Create Custom Email Addresses

Set up decentralized email services linked to your Web3 domain, allowing you to maintain full control over your communications.

5. Monetize Your Domain

Sell or lease your Web3 domain on the domain aftermarket, or use it to create premium digital assets that generate revenue. (Learn more about Parked Domains)

Web3 Domain

What Can You Do with a Web3 Domain?

  • Launch a dApp (Decentralized Application): Use your domain as a friendly URL for your dApp.
  • Build a Community or DAO Website: Host a platform for your Decentralized Autonomous Organization.
  • Set Up Smart Contracts: Make your domain an entry point for smart contract interactions.
  • Create a Unique Online Brand: Position yourself at the forefront of the growing Web3 ecosystem.

The Differences Between Web3 And Traditional Domains 

For many years, traditional domains have been the standard for navigating the internet. Users must pay an annual fee to maintain a domain name, which is more akin to renting internet space. Since centralized organizations manage these domains, ownership resembles a lease rather than true ownership. Additionally, privacy concerns arise due to the public access required for the personal information needed during registration.

In contrast, Web3 domains offer a new level of independence. Once purchased, they are permanently owned and cannot be reclaimed by any central authority. Registration requires no personal information, enhancing privacy. Moreover, because Web3 domains utilize decentralized blockchain technology, they are less vulnerable to attacks and censorship.

Why Does the Transition to Web3 Domains Matter?

Shifting to Web3 domains represents a move toward internet empowerment, rather than just a technical enhancement. As a user, you gain exceptional control over your digital identity and assets with Web3 domains. As our lives become increasingly digitized, having this level of security and control is crucial. The objective of Web3 domains is to redefine the internet into a space where you possess sovereignty over your digital presence, rather than merely securing a stake in the digital world.

How To Use Your Web3 Domain For Your Projects And Brands

Web3 domains, as we have already established, are decentralized and provide you more power over your online persona and visibility. These are some of the ways that you can use Web3 domains for your own projects and for your brands and company.

Personal Use/ Digital Identity

One of the best ways to stand out online is with a Web3 domain. A Web3 domain allows you to express yourself online in a unique way, perfect for making a lasting impression. For your online persona, below are a few instances of Web3 domain usage:

  • Creating a personal website: Make use of your Web3 domain to launch a personal website that displays everything that you want. You can make sure your material is available and unaffected by censorship by using decentralized hosting choices.
  • Branding yourself: Your Web3 domain is an essential component of your personal brand. Make sure that all of your web properties utilize the same domain name that reflects your brand.
  • Connecting your Web3 domain to your LinkedIn profile, social media accounts, and other professional platforms is a great way to streamline your online presence. All of your internet activity will be conveniently located in one place.
  • Using the domain for email: Web3 domains allow you to create bespoke email accounts linked to your domain, which helps to establish your online persona and professionalism even further.
How to Register a Web3 Domain?

Business Use

Businesses can also leverage Web3 domains to enhance their online presence and engage with customers in innovative ways.

  • Creating a business site: Establish a professional online presence for your business with a dedicated website using your Web3 domain. Showcase your products or services, share company information, and interact with customers.
  • Web3 domain for e-commerce: Launch an e-commerce platform using your Web3 domain to sell products or services directly to customers. With decentralized payment options, you can offer secure transactions without relying on traditional intermediaries.

DeFi and Your Web3 Domain

Integrate decentralized finance (DeFi) services with your Web3 domain to explore new financial opportunities and manage assets securely.

  • Integrating DeFi services with your Domain: Explore DeFi protocols that allow you to integrate financial services directly into your Web3 domain, such as lending, borrowing, or staking.
  • Using your domain for DeFi transactions: With your Web3 domain, you can seamlessly participate in DeFi transactions, managing assets and interacting with decentralized applications (DApps) without relying on centralized platforms.

Advanced Web3 Domain Use

In Web3 domains, the potential for interaction with smart contracts unleashes a floodgate of possibilities. Smart contracts let you automate processes, execute transactions, and access decentralized applications (DApps) directly through a seamless integration with your domain. 

Choose which smart contract you want to connect your domain to before you can do anything else. Any number of blockchain-based applications could fit this description, including decentralized autonomous organizations (DAOs), decentralized finance (DeFi) protocols, and more. 

Following domain identification, creating your Web3 domain entails establishing the required contract addresses and function calls. Domain registrars and Web3 platforms may all have slightly different procedures for this setup, but the good news is that the majority of them have intuitive interfaces that make connection a breeze.

Your domain interface will become the primary means of initiating transactions once your domain is connected to the smart contract. The capabilities of the smart contract determine whether this involves engaging in governance procedures, transferring tokens, or executing predetermined operations.

Read Also: Web3 Global Regulations: Key Laws And High Level Overview

Manage Domain Settings

Accessing the domain management area of your domain provider’s dashboard is the best way to manage your Web3 domain’s settings. Several record customization options are available in the DNS settings. Node records specify the locations of your domain’s servers, whether they are web, email, or decentralized storage networks.

You can alter, add, or remove DNS records to customize the functionality of your domain, according to your needs. When configuring your server, be sure to follow the instructions given by your hosting or service provider. Changes to your domain name system (DNS) settings may not be immediately visible on the web. It may take a few minutes to a few hours for the changes to take effect globally, so be patient throughout this process.

Conclusion

Take advantage of Web3 domains by creating a distinctive online persona, safely managing your digital assets, and using DeFi to investigate new money opportunities. With the help of this article, you can use Web3 domains for your own brand, commercial ventures, and even sophisticated smart contract exchanges. 

Find And Buy Your Web3 Domain

Can I use a Web3 domain like a traditional domain?

Yes, Web3 domains can function as traditional domains but with added features like decentralization and digital identity management.

How do I access websites with Web3 domains?

You can use compatible browsers or browser extensions to access Web3 domains.

Are Web3 domains secure?

Yes, they are secured by the blockchain, making them less susceptible to hacks and censorship.

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How does it work?

Accordingly to the day when you will finalise your purchase, you have the right to receive from 1 to 3 NFT Domains for FREE!

Once you have completed your order, within 48h you will automatically receive on www.freename.io platform, in your personal area “portfolio” the randomly assigned NFT Domain/s.

You can chose on which blockchain you want to mint on and minting fee is covered by Freename!

HOW TO USE COUPONS:

Once you have added your favorite items to the cart, you proceed to “checkout” and add your coupon to the “coupon box”.

Said coupon will instantly do its magic and your due total will drop!

COUPON CODE CAN ONLY BE USED ONCE!
ENJOY YOUR SHOPPING AND GIFTS!

How does it work?

Once you have completed your order, you will automatically receive on www.freename.io platform, in your personal area “portfolio” the randomly assigned NFT Domain value $50 or if you’re lucky a randomly assigned TLD with value $699 (between these: .immersive; .multiverse; .freelancer; .cashback; .hologram)

you can chose on which blockchain you want to mint your NFT Domain/TLD on and minting fee is covered by Freename!

GOOD LUCK!

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Why do i Need a Wallet?

Freename domains are blockchain-based assets and would be minted and stored using a wallet. Users are required to mint and manage their domains using a Metamask or Coinbase-configured wallet. It must be a non-custodial wallet, meaning that one must own the private keys to the wallet in order to approve transactions via a signature.

To benefit from Freename Web 3 domains/TLDs, you must have a wallet. This is because Web 3 domains/TLDs are blockchain-based assets. Users can mint and manage their domains using Metamask or Coinbase-configured wallets.

Keep in mind that it must be a non-custodial wallet. You own the private keys to the wallet (in order to approve transactions via a signature).

Are the Domains Associated with ICANN?

ICANN does not manage freename.io domains. Freename.io believes their TLDs/domains must allow customers to operate independently. Freename.io wants to build a utility infrastructure, allowing customers to use their services for valuable and generative purposes. By leveraging blockchain technology, Freename Web 3 domains/TLDs have no centralized authority imposing rules and regulations.

What is a Wallet?

Every blockchain user requires a wallet in order to interact with the network. A wallet is essentially an account on the blockchain where transactions can be sent and received. It is also where one can store blockchain assets such as cryptocurrency or NFTs (non-fungible tokens). There is no personal information associated with a wallet and none is required to create one. A wallet consists of a public key and a private key. The public key can be safely shared with anyone who wishes to send assets to the corresponding wallet, however, the private key should not be shared and is the key to accessing the wallet in the event where access is lost or to create another instance.

A crypto wallet (cryptocurrency wallet) is software or hardware that enables users to store and use cryptocurrency. With cryptocurrencies, there isn’t any actual money to carry around in a wallet. They exist on the blockchain. Similarly to traditional bank transfers, crypto wallets enable users to send and receive cryptocurrencies, NFTs, etc.

A wallet consists of a public key and a private key. To receive assets, you share your public key associated with your wallet. You should NEVER share your private key.

How do i Claim my Earnings from Freename

ou can withdraw revenues generated passively through a cryptocurrency transfer. Connect your cryptocurrency wallet and, once your withdrawal request is confirmed, the desired amount is pulled from Freename’s reserves and conveniently delivered to you!

Claim your earnings by following these steps:

  1. Connect your cryptocurrency wallet to Freename.io
  2. Request a withdrawal
  3. Receive request confirmation
  4. Receive withdrawal directly to your wallet.

Can i Transfer Domains?

Yes. The domain is stored in your cryptocurrency wallet and can be transferred by you after you have minted it. Access your portfolio, select the TLD or Domain you wish to transfer and type the recipient’s address. Afterwards, you must paste the OTP code you received by mail to confirm the transaction. Keep in mind that currently, it is not possible to import the domain that has been transferred, but it will be possible soon!

Yes. Domains are transferable ONLY after a TLD/domain has been minted and stored in a user’s wallet.

To transfer the TLD (or domain), the user must:

  • Access their wallet
  • Select the item they want to transfer
  • Enter the recipient’s address.
  • Confirm the transaction by pasting the OTP received by email

In the future, Freename.io will support importing domains that have been transferred.

What about Trademarks?

Registering a trademark on your Freename Web3 TLD will allow you to protect your web3 TLD and your logo worldwide juridically.

From the moment you deposit a trademark request, your web3 TLD will be protected worldwide for 6 months awaiting for the Swiss Federal Institute of Intellectual Property (IGE.ch) to confirm and register the availability of your TLD.****

A trademark is any symbol, phrase, or word that allows customers to identify a company’s goods or services. Freename is a web3 domain/TLD provider that also provides trademark registration.

A user must reach out to the trademark department to register a trademark. To get your trademark filed for review at the Swiss Federal Institute of Intellectual Property, a user must provide the following:

  1. Complete a Know your customer (KYC)
  2. A list of TLDs they wish to trademark
  3. Proof of payment

Once these conditions are met, it takes one week for the trademark to be reviewed and logo/TLDs to be provided with six months of worldwide protection.

Is Minting the same as Buying?

Purchasing a TLD (or domain) on Freename and minting it on the blockchain are two distinct steps. When you purchase a TLD (or domain), the transaction is recorded in Freename’s database and not on the blockchain. Minting a TLD (or domain) on the blockchain requires a second step: log into the user’s personal area, select the TLD (or domain) and press “mint TLD” (or domain): done! Don’t worry, once you have purchased a Freename domain, no one can take it away from you!

No. Buying and Minting a TLD/domain are two different things.**

Buying **is the process of recording a transaction on Freename’s database and not on the blockchain.

Minting is the process of pushing a user’s domain from Freename.io data onto the public ledger of a blockchain and into a user’s wallet. Giving the user full control over the TLD/domain.

It is very easy to mint a domain/TLD once you purchase it. Simply:

  • Log into your personal area
  • Select the TLD (or domain)
  • Press “mint TLD” (or domain)

What is Domain Minting?

Minting is the process of publishing a Freename domain (or TLD) on the blockchain via your wallet to gain full custody of the domain. This means that the only person that has control over the domain (or TLD) is the person who controls (has access to) the wallet.

Minting is the process of pushing a user’s domain from Freename.io data onto the public ledger of a blockchain and into a user’s wallet. Giving the user full ownership over the domain.

Minting on Freename.io is as simple as the following steps:

  1. Go to the Freename.io website
  2. Enter the TLD/domain you want to buy in the search bar
  3. Add the TLD/domain to your cart
  4. Go to checkout
  5. Create a Freename.io account
  6. Purchase the TLD/domain with cryptocurrency or a credit card
  7. Go to “portfolio and incomes.”
  8. Click on mint TLD/domain

Which domains are Protected?

Protected domains and TLDs are domains and TLDs that we’ve detected are associated with a brand, organization, or notable person. We believe it is important to increase adoption for the next generation of the internet by helping to onboard brands into the Web3 era. If you are interested in applying for a Protected domain, please contact us.

TLDs/Domains associated with a notable person, brand or organization are considered Protected Domains. Protected domains help onboard brands in Web 3 increasing adoption. Protected domains also protect users from others impersonating/stealing their domains.

Reach out to Freename.io to apply for a protected domain.

Why use Freename?

Freename domains are unique by their very nature: only with Freename you can register domains with unique TLDs for your digital identity while passively earning money!

Freename.io is not only the leading TLD and Domains platform in Web 3, but also lets users generate passive income!

Owning a Freename Web 3 TLD entitles users to receive passive income whenever a domain is bought on their TLD. Users can register and mint TLD/domains of their choice if available.

What is a Domain?

A domain name is a string of letters and/or numbers that points to the IP address of the corresponding website. Generally, it is easier to remember a name than a long string of numbers.

A domain name is an address that people type into a browser bar to find a website. It consists of a Top-Level Domain (TLD), everything that comes after the dot, and the Second-Level Domain (SLD), everything that comes before the dot.

For example, “Freename.io” is the domain name, “Freename” is the SLD and “io” is the TLD.

Which Chains are Supported?

Freename has a multi-chain approach. You can choose on which Blockchain to mint your Web3 Domains and TLDs ranging Among Polygon, Cronos, and Binance.

A user can mint a Freename.io domain/TLD on the following blockchains:

  • Polygon
  • Cronos
  • Binance

Freename plans to expand its multi-chain approach by adding blockchains upon which domains can be minted.

Are there Renewal Fees?

No! Once you’ve bought a Freename Domain or TLD, it’s yours forever, no renewal fees ever!

No. There are no renewal fees on Freename.io. Once a user has paid a one-time payment for a domain/TLD, they own it. Forever.

This is the significant advantage of Web 3 domain/TLD over traditional alternatives.

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