Web3 domain ownership

Why Everyone Should Have a Web3 Domain?

Blockchain technology is arguably the backbone of the Web3 ecosystem, revolutionizing various industries and shaping the digital world for good. Decentralization, fool-proof security, and complete sovereignty over digital assets are the fundamental aspects of blockchain, but there’s more to it.

The introduction of Web3 domains significantly impacted the progress of blockchain. In just a few years, the numbers have grown exponentially. 

The global blockchain market’s revenue will likely surpass $94 billion by 2027 at a compound annual growth rate of 66.2%. Furthermore, the global Web3 market will expand and surpass $81 billion by 2030.

Current trends and expert opinions indicate that now is the perfect time to buy your Web3 domain and make the most of it in the future. 

Still skeptical? Keep reading till the end to learn why you should have a Web3 domain.   

Permanent Digital Ownership and Control

Did you know only 10 domain registries control almost 23% of all the traditional domains worldwide? These include Godaddy, Namecheap, Google LLC, etc. Furthermore, more than 36% of the internet’s traditional domains are registered under .com TLD, which marks its dominance.

One can imagine how difficult it is to acquire a unique domain name that also matches the brand name. On top of this, you know that you can’t truly own a Web2 domain. 

There are three major challenges (or drawbacks):

  • You’ve got to be prepared to pay a high price for a Web2 domain name of your choice, and even higher if you wish to buy a .com, .org, or .net domain.
  • Be prepared to pay annual renewal fees; otherwise, you will lose its ownership after a certain period.
  • ICANN regulates all top-level Web2 domains, so you need to follow their guidelines to operate your website. If not, ICANN has the power to ban your website and its content if you violate their censorship policies.  

Other technical issues make life even more difficult for Web2 domain owners. In comparison, Web3 domains pose no such issues.

  • Once you buy a Web3 domain, you become its sole owner. 
  • You don’t need to pay annual renewal fees to keep your Web3 domain.
  • Web3 domains are decentralized, meaning there are no restrictions on how you operate them.
  • There are no censorship barriers. You are free to upload and share the content with other blockchain users. 
  • You have a lot of options for SLDs and TLDs on Web3, such as .metaverse, .logo, .food, etc.  Even better, if you buy a TLD from Freename and become its registrar, you can earn up to 50% in royalties whenever someone purchases a domain name and registers with your TLD.

Affordable and Cost-Effective

One of the biggest advantages of Web3 domains is that they are well within everyone’s reach. Think about buying a second-level Web3 domain, like .metaverse, and .gaming for just $5. Considering you only have to pay once without renewal fees, it’s worth investing in Web3 domains right now. 

We’ve already discussed how consistently the Web3 global market is expanding. This means that the demand for Web3 domains will rise – and now is the best time to buy them.

Excellent Investment

The decentralized internet is adaptable and offers ample room for creativity, hence gaining more popularity.

  • Investors, artists, developers, gaming enthusiasts, software engineers, data analysts, and other professionals prefer it over the Web2 Internet. 
  • Individuals will also be looking to buy these domains because of the freedom, complete ownership, and high-end security this ecosystem offers. 

Obviously, they’ll need a domain to build on or interact with other blockchain addresses. This is why the demand for Web3 domains will continue to rise. 

To get a higher future value, you can start minting your domain on a safe and secure blockchain to sell it at a higher price later on.  

For example, Base is a relatively new blockchain equipped with high-end safety and security features. Minting your domain on Base will not only be cost-effective but also allow you to earn higher profits in the future.    

Read Also: Best Web3 Niches To Invest Right No

Valuable Digital Asset

Web3 domains are multifunctional, attracting businesses, freelancers, and individuals alike. With your own TLD, you can create and reflect their brand identity. 

Here’s why Web3 domains are more valuable than traditional domains:

  • Build your brand website: Create your NFT website and showcase your products and services. You have complete freedom over what to present and how to do it.
  • Set up your workspace: Integrate your workspace with Web3 collaboration tools. Backed by blockchain technology’s fool-proof security metrics, teams can communicate without any fear of data breaches. 
  • Add wallets: Connect and manage multiple cryptocurrency wallets with a single identity. 
  • Communicate with Web3 emails: You can integrate Web3 email services with your domain to communicate directly with other users on chain. 

Web3 domains offer a comprehensive solution for managing all your digital apps, whether marketing, trading, communication, or funding. They’re more practical, logical, and straightforward than traditional domains.  

Long-Term Income Source

If you want to create a passive income stream, you should invest in Web3 top-level domains (TLDs). These are domain extensions similar to Web2 domain extensions like .com, .org, .edu, and .net. Web3 TLDs are different, for example, .tradeshop, .platform, .home, etc.

The Web3 ecosystem, as it is relatively new, offers more room for people to invest in TLDs for long-term earnings. As more people register themselves with a particular TLD, its demand will rise. 

All you have to do is choose a reliable service provider who can assit you in finding and registering with a high-potential TLD – and offer maximum royalties as well. A platform such as Freename offers a complete setup for TLD registration and trademarking and even helps you build your own TLD. 

Freename Royalties – Quick Steps

  • Step 1 – Own a TLD: Create and register a unique Web3 TLD at Freename. This will make you the owner of that particular extension, giving you the right to receive royalties if anyone buys a second-level domain and registers with your TLD.
  • Step 2 – Activate your license: There is a one-time payment to activate a royalty license for a TLD. After that, you’re all set to enjoy passive earnings from your TDL.
  • Step 3 – Start earning: Whenever anyone registers under your Web3 extension, you will earn a commission, a.k.a royalty. With Freename’s, you can earn a maximum 50% royalty on your TLDs, which is better than most Web3 service providers.   

Web3 Is Highly Secure

Blockchain technology offers uncompromised security to your digital assets. 

  • There are no central servers to store your data, preventing the risk of data breaches, malware or cyberattacks.
  • The data is distributed and stored over a network of nodes, making it virtually impossible for hackers to decipher it and gain access to your assets.

In short, Web3 domains promise complete control by encrypting and tamper-proofing your data. This is one of the basic reasons why businesses prefer Web3 domains over traditional domains. 

Are You Ready to Own you Web3 Domain?

Web3, decentralized domains are easier to acquire, are cost-effective, and possess significantly high future value. Considering future predictions, top-level security and 100% control over your data, investing in Web3 domains is worthwhile. 

You can use a decentralized domain to build a professional website, create a brand identity with a unique TLD, or manage your cryptocurrency wallets in one place. But, if you have no digital assets to showcase, you can still earn profits through domain minting or secure a TLD to earn long-term passive income. 

So, head on to Freename.io to buy your Web3 domain. The platform offers a plethora of decentralized domains backed by latest trends and future propositions. Access tutorials, expert assistance, and a knowledge-base to get the right kind of support and hop on the Web3 bandwagon, today!  

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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!


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!


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!


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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!