Crypto.com partners with Unstoppable Domains for Web3 domain sale

2 months ago 20
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Premium Web3 domains priced from $20 to $10,000 in July sale on Crypto.com platform.

Crypto.com partners with Unstoppable Domains for Web3 domain sale

Key Takeaways

Crypto.com and Unstoppable Domains offer 200 premium Web3 domains priced from $20 to $10,000. Web3 domains provide full ownership rights and support native crypto payments. <?xml encoding="UTF-8"?>

Crypto.com and Unstoppable Domains have partnered to offer 200 premium Web3 domains in a flash sale. The domains will be available through Crypto.com’s platform, with prices ranging from $20 to $10,000 during the July sale.

The premium domains include short, familiar, and popular names across various categories, such as one, two, and three-character domains like “1.go,” “pay.austin,” “bags.crypto,” and the highly requested “x.x”.

Thomas Prevot, Director of Digital Partnerships at Crypto.com, stated, “Domain ownership is a foundational piece of the Web3 ecosystem of today and tomorrow. We are excited to bring this curation of premium domains to market at Crypto.com and in partnerships with the pioneering leader of the space, Unstoppable Domains.”

Web3 domains, written on the public blockchain, grant holders full ownership rights. They support native crypto payments and can be used to log into Unstoppable’s partner applications, send messages to other Web3 domain holders, and more.

Sandy Carter, Chief Operating Officer of Unstoppable Domains, emphasized, “Web3 domains are crucial for improving the security and UX of crypto transactions, replacing lengthy wallet addresses with a single, user-friendly name for all transactions. Our latest partnership with Crypto.com will strengthen the blockchain ecosystem and bring a new influx of new users for whom crypto will be the gateway to the world of Web3.”

Unstoppable Domains has registered nearly four million domains to date, focusing on delivering domain sales and support within the Web3 and Web2 ecosystem.

As reported earlier this month, the US government transferred $240 million in Bitcoin related to the Silk Road case to Coinbase, causing a price drop.

Last month, Unstoppable Domains and Blockchain.com announced a collaboration to create a DNS-enabled Web3 domain and applied for a new gTLD with ICANN.

Earlier this month, a CoinDesk article analyzed the potential for Web3 distribution to remain decentralized, arguing it will not be dominated by big tech companies.

As Crypto Briefing reported in June, Space ID announced the unlocking of 18% of its token supply, valued around $55 million, enhancing liquidity.

In August 2022, the Ethereum Name Service's domain "eth.link" was at risk of expiration as the only programmer capable of renewing it was incarcerated.

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