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On which blockchains can you mint Freename TLDs and domains?

On which Web3 blockchains can you mint freename TLDs and domains?

 

Web3 as you must already be acquainted with by now is the new iteration of the internet. It incorporates ideas like decentralization, blockchain technology, and token-based economics. For Web3 to function as an internet, it has domains that are registered on Web3 blockchains through registrars like Freename, functioning, in the same way, as the domains of Web2, which our present-day internet does.

The major difference between Web2 and Web3 is that both domains are registered on different systems, the former being registered on the Domain Name System (DNS) and controlled by ICANN. The Web3 domains are registered on Web3 blockchains having no central control or authority that governs them.

A typical Web3 Blockchain domain has a secondary and also a Top-Level-Domain (TLD). The TLDs of Web3 domains are very different from the Web2 conventional TLDs. Examples of Web3 Top-level-domains include but are not limited to: .moon, .token, .hodl, .xxx, .free, .young, .airdrop, .chain etc

Why are Web3 domains built on blockchains?

Blockchain technology is a public ledger that records transactions and other data in an unchangeable and secure manner. The data is duplicated and dispersed across a network of computers on the blockchain which ensures that authority is not allocated centrally.

Transactions are recorded and added to blocks on the chain whenever a new transaction occurs. Blocks on the chain include transactions. Distributed Ledger Technology is the name of the decentralized database (DLT).

Web3 domains seek to harness the potentials of blockchain technology and thus create domains on it. The following are reasons Web3 domains are registered on blockchains.

  •   It allows for the decentralization of power. This means that instead of being centrally controlled, it is distributed across a network of computers, making it more secure and resilient.
  •   Additionally, the decentralized web introduces a change in domain names from the conventional domain name system (DNS) to a web3 domain name.
  •   It allows users to mint, create and manage their own personalized domains.
  •       Web3 blockchains allow users to trade their domains in Web3 platforms or marketplaces.

Web3 blockchains

Web3 domains are built on Web3 blockchains through providers or registrars. A typical platform to mint and create your desired domain or TLDs is Freename.io. With Freename you can mint your Web3 Domains on the Blockchain you desire. Also, you can utilize your Freename Domains for your crypto wallet or for your digital identity as well as for your metaverse avatars.

There are a number of blockchains that support the idea of Web3 and the following are web3 blockchains where Web3 domains are built. They are supported by Freename.

Polygon

A blockchain built by developers for developers. It combines the best of Ethereum and sovereign blockchains into a full-fledged multichain system. It is a decentralized Ethereum scaling platform that enables developers to create user-friendly, scalable decentralized applications (dApps) with cheap transaction fees without ever compromising security.

Polygon ID, one of the services rendered by Polygon is a blockchain-native identity system with programmable privacy that empowers people and enables the creation of trusted interactions with Web3 services.

Besides this service, other solutions Polygon provides include;

Polygon POS: a solution transaction system that provides speedy transactions with cost-saving utilizing side-chains for transaction processing. It also uses a decentralized network of Proof-of-Stake (PoS) validators and the dependable Plasma bridging architecture to assure asset security.

Polygon Edge: this solution allows you to manage your own blockchain network with customizable features. It gives your network Ethereum compatibility and is governed by modular architecture principles.

Cronos

The first ever blockchain network to enable DeFi, NFTs, and the metaverse on top of both the Ethereum and Cosmos ecosystems. It enables developers to rapidly move applications and digital assets from other chains with minimal cost, high throughput, and quick finality, it seeks to dramatically expand the Web3 user base.

Built on the Inter Blockchain Communication (IBC) protocol, Cronos is a completely decentralized, open-source, and energy-efficient public chain with fast speed and low fees. It enables decentralized interoperability with other IBC-enabled chains, such as Terra and Cosmos Hub.

Ethermint, the technology that powers Cronos, enables quick app and smart contract porting from chains that are compatible with Ethereum and the EVM. CRO, the native token of its parallel blockchain, the Crypto.org Chain, serves as Cronos’ base settlement currency.

Aurora

Aurora is a third-generation blockchain-based decentralized application platform that is committed to offering mature blockchain technology solutions for the whole sector. The Aurora Mainnet supports Web 3.0 virtual ID.

Through cost-effective transactions, Aurora offers Ethereum compatibility, NEAR Protocol scalability, and a market-first user experience.

BSC (Binance Smart Contract)

The smart contracts on the Binance Smart Chain work with and support Ethereum dApp. As a result, the BSC network makes it simple for developers to build and transfer dApps, tools, and other ecosystem components.

There are a total of 21 validators on the blockchain, and every 24 hours, the stakes of BNB will elect new validators to assume their places.

A proof-of-stake consensus approach, specifically a proof-of-staked-authority (PoSA) paradigm, is used by the platform. Binance (BNB), the native token of BSC, can be staked in BNB in addition to taking part in network security and voting on community governance protocols.

Additionally, Proof-of-Stakes (PoS) may process transactions more quickly, giving it an advantage over networks that continue to use complete proof-of-work protocols.

With all these above-mentioned blockchains and their specific characteristics, it is intriguing to see why creating and minting your TLDs with Freename would be an unforgettable experience, also, the benefits of these blockchains allow you to carry out whatever you would like to and also do with your Web3 domains.

Other emerging blockchains on the Freename protocol are, NEAR, Avalanche, Solana and Ethereum.

Conclusion

The fundamentals of Web3 point to how it can revolutionize how the internet is designed and used by users. The demand for innovative decentralized solutions is evident from consumer interest in cryptocurrencies and NFTs. With Web3 blockchains and TLDs, these are possible.

Start your Web3 journey with Freename TLDs and Domains. Sign up now and get a welcome coupon code of 10$ on your first purchase. 

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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!