How to Mint a Web3 Domain on SEI

How to mint a Web3 domain on SEI

The blockchain ecosystem is dominated by digital wallets with hard-to-remember addresses. The same is true for other digital assets. This is where Web3 domains come in.

Web3 domains are digital identities that can be associated with your brand, your website, or other digital assets, such as cryptocurrency wallets, NFTs, and Metaverse real estate. For example, you can integrate a Web3 domain with your digital wallet to create a unique and easy-to-recall identity.

Interestingly, Web3 domains are quite different from traditional domains. They are decentralized, permanent, and don’t require annual maintenance costs. Plus, they offer complete ownership, enhanced security, and ensure data privacy. The domains are censorship-resistant, allowing complete control and authority over your data.

Their impressive features attract millions of users, including those who want to mint these domains to resell them at high profits. Domain minting takes place on blockchain networks. Users prefer those networks on the basis of scalability and popularity. SEI is one of them.

The SEI platform was launched in August 2023. It quickly gained popularity due to high-performance functionality, continuous evolution, and advancements. that set it apart from others. So far, the network has completed more than 1.2 billion transactions, maintaining an immaculate 0.38s time to finality (TTF) and an impressive 12,500 theoretical TPS.

This post explains why you should mint a Web3 domain on SEI and how to do it with the Freename platform. So, let’s get started.  

Why Choose SEI for Web3 Domains

The SEI network boasts a Twin-Turbo consensus mechanism, an interoperable parallelized EVM, and a 100x high-performance database. These features make it an ideal network to mint Web3 domains. Here are the details:    

SEI Network’s Speed

The following table showcases speed benchmarks set by the SEI network:

Order processing speed (OPS)22,000 orders per second
Theoretical TPS12,500
Time to Finality (TTF)0.38s
Block Time0.41s

The SEI network offers better transaction processing speed, block time, and transaction time to finality than Solana, Base, Aurora, Polygon, and many other popular chains. 

Its speed and accuracy allow AMM exchanges (DEXs) to compute block transactions and update their pricing, making it an ideal chain for building crypto trading dApps. 

Low Transaction Costs

Developers, NFT collectors, and domain investors consider transaction costs a major factor in determining any blockchain. This is where SEI makes an ideal platform. SEI offers the lowest transaction cost across all EVMs. 

Interoperability

The SEI v2 is a parallelized EVM that supports Ethereum and Cosmos SDK ecosystems, rendering cross-chain interoperability, 100x better performance on Layer1, and application support for effortless project launch. It offers app integration and renders a web2-like experience to end-users.

Decentralization

SEI is an open-source network featuring delegated proof-of-service (dPoS) protocols that accumulate the highest funds in the blockchain industry. It offers everything from complete data ownership to enhanced security to ensure blockchain democracy

Scalability

SEI is aligned with the digital world’s modern requirements. Its immaculate processing speed, unmatched security, democratization standards, and interoperable functionalities make it a highly scalable solution for developers, traders, domain investors, and other professionals.  

Benefits of Minting on SEI

  • SEI is one of the fastest-growing Web3 networks in the blockchain industry. This means Web3 domain minters can expect a good future value.
  • Parallel processing and native order matching positively impact the overall transaction speed, reducing network congestion and increasing savings.
  • The blockchain network makes importing digital assets from other blockchains effortlessly easy. In most cases, users don’t have to do anything while deploying Ethereum-powered projects to SEI. 
  • Its user-friendly interface and plethora of supporting tools enable seamless integration. Therefore, it will likely attract more users, new and pros alike.   

Prerequisites for Minting a Web3 Domain

Going straight to the minting process? Do you have all the essentials? You cannot mint your Web3 domain until you have these essentials with you:

  • A compatible wallet: Your digital wallet should be non-custodial and compatible with SEI. For example, MetaMask and Compass are compatible with EVM and SEI-native environments. 

However, the wallet address may change depending on the environment in which you’re transacting. Follow the network’s guidelines to connect your wallet

  • Funds: The chosen wallet should have sufficient funds to cover the domain registration fees and minting costs. Choose ETH or other cryptocurrency as specified by the registrar. Also, have sufficient SEI tokens in your account for SEI-native transactions. 
  • Basic knowledge of SEI and Web3 domains: Before you start, we recommend reviewing SEI’s guidelines. Needless to say, you should have a basic understanding of Web3, the role of Web3 domains, advantages and risks, etc.

Step-by-Step Guide to Minting a Web3 Domain on SEI

SEI is an advanced network with dual support for EVM and Cosmos SDK environments. Freename is compatible with both, which means your Web3 domain will start minting on SEI within minutes.

Simply follow these quick steps to get set and run. 

Step 1: Visit Freename to Create Your Account

The initial step is to register with a reliable domain registrar, such as Freename. To do this:

  • Visit the Freename.io homepage. 
  • Click on the blue Login button present at the top right corner to open a new window.
  • Now, choose “Sign Up” or “Sign in with Google” to enter your personal details: Name, Username, and Password. Then press “Sign up” to register your account. 

Want to find the domain first? Click here to choose your Web3 domain and then register with Freename.  

Step 2: Search Your Desired Domain Name

Once registered, go to Freename Explorer to search your first Web3 domain. Freename enables you to search for both top-level domains (TLDs) and second-level domains (SLDs). It even lets you create a custom TLD. 

Step 3: Buy Your Freename Domain 

After choosing your domain, go to checkout to make the payment. Don’t forget about the welcome bonus! Use the code “WELCOME” and get 25% off on your first purchase.

Step 4: Mint Domain

After completing the transaction, go back to the homepage and press your profile icon. You will see a drop-down menu. 

Select “Domain List” from the menu to see your newly purchased domain. Next to the domain, you can find the “Mint Domain” option. Click on this option.  

Step 5: Choose the SEI Chain

You will see a list of all compatible chains to mint your Freename domain. Pick SEI from the list and choose a compatible wallet (MetaMask, Compass of Freename Custody) with sufficient funds. 

Finally, press “Confirm Mint” to instruct Freename to transfer your Web3 domain to the SEI blockchain.  

Step 6: Refresh the Page

Domain transfer will take a few minutes, and you will get a confirmation message. Instead, you can reload the page after 5-10 minutes to see your newly minted domain on SEI. Now, you can use your Web3 domain in whichever way you want. 

Troubleshooting Common Issues

Ideally, the minting process starts in a few minutes. But, as they say, “Prepare for the worst,” you should be well-prepared to face minting-related issues during the process. 

Below, we have listed some common issues along with their remedies: 

Your Profile Show No Signs of the Domain You Just Bought

Most often, users can’t find their newly minted Web3 domains in their user profiles. While pros know why this might have occurred, new blockchain users can get confused. In this case, you can do the following things:

  • Reload your profile page: Often, due to slow browser speeds or longer loading times of some registrar sites, users can’t find their newly bought domains even after waiting for a reasonable period. 

We recommend repeating this step a couple more times because, on most occasions, domains show up after a couple of attempts. 

  • Transaction history might help: If the domain doesn’t show up after 2-3 attempts, you can your domain transaction history and verify that the transaction was successful. 

Your Transaction Failed

Sometimes, transactions fail due to insufficient funds in the wallet. Other times, there is either network congestion or the wallet is poorly connected with the chain or the registrar.

Take these precautionary steps to avoid transaction failure: 

  • Throughout registration and minting, your wallet must be appropriately connected to the SEI chain as well as Freename (your domain registrar).
  • Always ensure your digital wallet has sufficient funds to cover the minting costs. 
  • You may have to raise the gas fees to avoid network congestion during peak times.

Freename has your back while facing these issues and can address all your minting-related queries.

Browser-related Issues

If you’re using a Chromium-based browser, such as Edge, Arc, or Chrome, follow these quick steps to sort things out:

  1. Open the Phantom extension and go to Settings >> Preferences >> Default App Wallet. Change the Default App Wallet to MetaMask or Compass and refresh the page. Now, try connecting again.
  2. Keep useful extensions only and disable the unnecessary ones. Deactivate unnecessary or incompatible wallets while minting on SEI.

Further Assistance

If the problem persists, seek expert assistance. Get in touch with Freename with the following details:

  • Your SEI wallet address
  • The Web3 domain you just bought for minting on SEI
  • The details of the problem you’re facing. 

Conclusion

SEI is a dynamic blockchain network with groundbreaking technologies and trendsetting features, making it highly scalable for app developers and software solution providers. 

Its multi-chain approach allows users to build innovative solutions, while the parallelized interoperable EVM offers seamless integration across Ethereum and Cosmos SDK chains. The network’s open-source infrastructure, user-friendly interface, unmatched processing speed, and reduced transaction costs make it an ideal solution for domain minting. 

Similarly, there are a plethora of opportunities in the Web3 and blockchain space, and we invite you to get on board and explore them. You can leverage Freename’s domain registration services to buy and mint your first Web3 domain on SEI. 

You will receive all the necessary documentation and support for account creation, domain minting, integration, and wallet management. In addition to SEI, Freename can help you mint your domain on Solana, Base, Polygon, Aurora, and other popular chains. 

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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.

Ask Away!