Quik․com Marketplace Launches NFT Domain Name Minting – Sponsored Bitcoin News

With rapid advances in technology, digitization has had a golden age in recent years.

Concepts we’ve never even heard of are now becoming mainstream. One such example is NFT domains, which are growing as new web extensions. Quik.com launches NFT domain names like .doge, .shib, .metaverse, .blockchain, .bored and .vr which are tied to the blockchain via smart contracts.

The main feature of NFT domains what differentiates them from traditional domains is their decentralized nature.

Traditionally, when we buy a domain name, we simply rent it for a certain period controlled by centralized servers.

However, decentralized domains allow us to retain our own custody and complete control of our assets. NFT domains, like any other cryptocurrency, are verified on the blockchain and stored in a digital wallet.

These domains, in addition, provide benefits such as the ability to support decentralized Internet portals, provide full ownership control over domain management elements, and allow developers to innovate beyond what is captured. in a web browser.

Notably, these NFT domains are called catalysts for the revolution of the Internet as we know it today.

Recognizing this enormous potential of decentralization crypto domainsQuik.com has launched a platform, billed as “the world’s best blockchain marketplace for NFT domains,” that allows users to buy and sell blockchain-based domain names, including a system advanced search where users can browse specific listings.

“Our goal is to host creative NFT domain names for the Internet of tomorrow,” the founders of Quik said when they shared their intent behind the project.

The Quik ecosystem is designed as a gateway to Web 3.0. The platform aims to help businesses move from centralized Web 2.0 to Web 3.0, a permissionless and permanent future of the Internet. This will allow us to reclaim the freedom lost when we moved from Web 1.0 to Web 2.0.

Must domains on rental

NFT domain names building on the traditional standard for domain sales, Quik allows buyers to browse offers powered by an advanced search system, enabling them to acquire decentralized domain names with minimal effort .

The blockchain allows users to own NFT domain names instead of renting them. Therefore, you will be able to hit the domain name with a one-time registration fee without the need for periodic renewals. Having true ownership means that the original coiners will get an ongoing royalty of around 5% to 10% on each subsequent sale.

Learn more about Quik here.

At launch, you can browse TLDs, top-level domains like .doge, .vr, .shib, .metaverse, .blockchain, and more. Each of the minted domain names is accompanied by a unique work of art. These assets will allow you to enter the Internet of tomorrow. Notably, TLDs are hit-limited, which means users are on a first-come, first-come basis.

Although the first series of TLDs on Quik exist on the ETH Blockchain Ethereum, Quik.com plans to add additional blockchains soon, including BSC (Binance Smart Chain), SOL (Solana), and GateChain.

From domain names to wallet addresses

As a domain holder, you will be able to use your domain as a website URL, universal username on websites and apps, and payment address for your digital wallet within the Quik ecosystem.

After launching the Quik Marketplace for NFT domains, the team is now focused on launching extensions for web browsers, including their own, and partnering with major cryptocurrency wallets like Coinbase.

These collaborations will allow exchanges to use Quik NFT domains in addition to existing wallet addresses.

Quik.com will also hold a public token sale for QUIK tokens later this year.

Buy your first blockchain domain name today at Quik.com.

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