.CRYPTO domains are next gen .COM domains! (decentralized websites)
Internet is currently burdened with many technological limitations. Our data is exposed to direct attack by outsiders. This can result in losing money in your bank account, leaking strategic data, losing control of a flying plane and hacking your website. Currently, data is stored on disks of large companies that earn money by sharing their servers and for the guarantee of their storage security.
Decentralized domains are resistant to hacking attacks because the data is located on computers around the world. It would be almost a miracle to track down all the computers and hack them at the same time. So no one can shut down your domain!
You can remain anonymous as the ‘owner’ is your wallet. You and anyone else in the world who thinks it’s worth honoring this information can be hosting. This is possible thanks to the new IPFS information exchange protocol.
The domain can be easily sold via a smart contract on e.g. the OpenSea.io platform, anonymously to another person. It is a token of the Ethereum network (ERC721 — its feature is uniqueness). After the sale, the new owner can use the domain and other privileges right away. The passwords he had previously are valid for the new ERC721 token (domain).
Very good internet addresses ending with .com can reach prices of several dozen million dollars (crypto.com was sold in 2018 for 13 million dollars).
With adoption progressing and the possible full spread of blockchain technology, good address names ending in .crypto can achieve similar, and very possibly higher, amounts.
Additionally, decentralized domains allow you to send money to domain address instead of the long string of numbers and letters that wallets have. You can tell your friend to send you a cryptocurrency to the address strefa.crypto. You can assign dozens of different coins and tokens to the domain address.
You can buy domains on Unstoppable Domains. Pricing for .crypto domains starts at $40. The shorter the name, the higher the price. Multiple domains are already subscribed. Good names can still be found. Many people only buy addresses under the name of the wallet in order to be able to easily receive cryptocurrencies.
As I am a user of Unstoppable Domains, I can generate links through which you get $10 rebate for buying your first domain! Don’t wait for others to buy the best domain names! (only today — CYBER MONDAY. Buy 2 domains and 3rd you get for FREE)
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Summarizing what we get:
- anonymity (for third parties, the owner is the wallet, not a specific person)
- resistance to hacking attacks (decentralization, multiple sources of the same content)
- a chance for high revenues from domain sales (similar to .com addresses)
- domain address with the wallet number (instead of a sequence of numbers and letters — simple and easy to remember
- e-mail address (work in progress) and telephone number (very possible future)
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If you are looking for more interesting information about cryptocurrency projects and blockchain technology. Visit my decentralized website: strefa.crypto