NFT Domain Name Market Launches .metaverse, .VR and .chain Address Minting

The NFT Domain Marketplace has announced that it allows the creation of numerous advanced extensions, including .metaverse, .VR, and .chain.

According to Quik.com, the arrival of these new domains gives consumers and projects the opportunity to acquire a very desirable and memorable address.

But while they may look like normal web URLs at first glance, the market suggests they do offer more and more.

Not only do they simplify cryptocurrency transactions by eliminating long alphanumeric wallet addresses – long strings of letters and numbers that are prone to misspellings – these domains can also be used as common usernames on Web3, whether you’re in-game or in the world.

Full ownership removes the risk of centralization or censorship, and it is also possible to build websites on top of these domains.

All of these high-profile use cases will be realized once the platform’s Chrome extension is released, which is expected to be available by the end of the year, Quik said.

These custom domains must become the foundation of Web3 – a world that bypasses tech giants and returns control of data to users. Not only will these usernames provide an important identifier in our online lives, but they will also serve as cryptocurrency wallets where we can safely store our digital assets.

Even better, the extensions offered don’t stop there – .metaverse, .chain, .VR .doge, .shib, .bored, .web3, .btc, .address and .i are also available. Overall, this gives users the freedom to own a domain that aligns with the cryptocurrency or technology they believe in most.

How to create a blockchain domain

According to Quik, the process of minting or buying NFT domains is quick and easy. They are stored on the Ethereum blockchain, which means they are not influenced by centralized entities such as ICANN.

Users can log in or create an account on Quik.com using their MetaMask or other mobile wallet. From there, they can search for the username they want and proceed to complete the transaction.

Of course, the world of NFT domains is very competitive, which means that specific names or single-word addresses can be purchased quickly. If your preferred address isn’t available, Quik’s system will suggest various alternatives to help you find the perfect address.

After the transaction is approved on your own wallet, it will be verified on the Ethereum network. This means you don’t have to wait long until the NFT domain appears in your profile, ready to be used as you see fit.

More about quik here

Internet of tomorrow

Quik releases new domains on a regular basis – it provides a countdown for upcoming domains so users can be among the first to get a premium domain name.

A vibrant marketplace also means you can explore domains that other users are selling—the go-to for short, crypto-related usernames shared on the Quik homepage.

In the not-too-distant future, decentralized websites will play an even bigger role in our online lives — possibly becoming an important part of our identity. Quik’s vision is simple: to provide transparency and allow anyone to easily list, sell, and buy these digital products.

While the domain name needs to be renewed annually, anyone who gets a Quik domain name will have it forever—all fees paid up front. They can also choose to sell it through a dedicated marketplace in the future if they want.

There was a race for the most memorable .com domain name. Now, all eyes are on the most coveted blockchain usernames, and Quik is opening its doors to them.

Disclaimer. Cointelegraph does not endorse any content or products on this page. While we aim to provide you with all the important information we can obtain, readers should do their own research before taking any company-related action and take full responsibility for their decisions, nor can this article be considered investment advice.

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