Quik, a Flagship Product of the NFT Domain Name Industry, Solves Some Crucial Bottlenecks of the Modern Internet
- Quik launches crypto-themed domain name creation as NFTs
- Digital artworks, commerce, royalties: several earning strategies for Quik users
Quik, a leading startup in the NFT segment, brings the Web3 philosophy to the NFT domain name market. Through unique tokenization instruments, every crypto entrepreneur and retail investor can purchase an eye-catching NFT domain name and own it as a digital collectible.
Quik launches crypto-themed domain name creation as NFTs
According to the official announcement of his team, fast started minting the most popular blockchain domain names in crypto as NFTs. It allows every cryptocurrency owner to create .metaverse, .vr, .chain, .shib, .doge. NFT domain names with verified ownership.
Once created as NFTs, blockchain domain names will be useful in the future in the Quik ecosystem when Quik launches its web extension and browser. Uses will include replacing the cryptocurrency wallet address as Quik Partners with various crypto wallets in the future and hosting decentralized websites using the Quik browser and extensions. This design is much more democratic than the existing Web2-style system with DNS addresses and controlled by ICANN.
The Quik ecosystem of nft domain names relies on a decentralized data structure instead of using centralized servers and cloud infrastructure. This makes the Quik product censorship-resistant and user-centric.
Despite the fact that domain names tokenized by Quik cannot be integrated with classic DNS, they are protected by the Ethereum (ETH) network, with more blockchains to come.
Struck unstoppable domains in Quik does not require special skills: it is available even for beginners in crypto and blockchain. This feature is crucial for companies considering migrating from the Web2 to Web3 scene.
Digital artworks, commerce, royalties: several earning strategies for Quik users
Tokenized domain naming instruments have a number of advantages. First and foremost, ownership of the NFT domain name is eternal: users are not charged any renewal fees.
At the same time, users can freely trade, trade and give away their NFT domain names, earning 5-10% royalties on every next sale.
Sahil Kohli, CEO of Quik, highlights the importance of such a product for the entire decentralization segment:
NFT domains offer superior functionality to traditional domains, which are one-dimensional and have narrow goals. We believe that blockchain domain names have the potential to promote the idea of a truly decentralized Internet.
When purchasing an NFT domain for the first time, every cryptocurrency owner gets a unique tokenized digital artwork from a limited NFT collection.
Along with adding support for additional blockchains, Quik is ready to start offering NFT domain TLDs such as .btc, .ai, .web3, .address, and others.