Supplier of on-chain area and digital id options, Unstoppable Domains unveiled a strategic partnership with Somnia, a platform centered on constructing “the Metaverse pc” to broaden the capabilities of non-fungible tokens (NFTs), metaverse experiences, gaming, and social functions.
This partnership seeks to boost the accessibility and affordability of decentralized digital identities by introducing the “.dream” top-level area (TLD). The launch will function prominently at Somnia’s upcoming Token 2024 occasion, serving as a key activation for this initiative.
“Id will likely be a vital ingredient in uniting the Digital Society, so we’re thrilled to be partnering with Unstoppable Domains for this initiative,” mentioned Paul Thomas, Chief Govt Officer of Somnia, in a written assertion.
Somnia operates as a high-performance Layer 1 Ethereum Digital Machine (EVM) blockchain, able to processing over 300,000 transactions per second (TPS). It goals to unify metaverses, gaming, NFTs, and social platforms, offering a totally on-chain, seamless digital society the place customers have an choice to work together, collaborate, and commerce belongings throughout completely different digital experiences with out limitations.
By its latest partnership, customers can now purchase “.dream” domains, which facilitate easy transactions involving cryptocurrencies, NFTs, and different digital belongings throughout greater than 865 decentralized functions (dApps). This TLD, supported by Somnia’s superior blockchain infrastructure, performs a key function in fostering unified and immersive digital interactions.
The “.dream” area aligns with Somnia’s purpose of encouraging innovation and constructing a powerful neighborhood throughout the metaverse. It permits customers to make the most of their customized “Identify.dream” as a novel and memorable pockets deal with, simplifying safe cryptocurrency transactions. Moreover, this TLD capabilities as a digital id throughout gaming, social platforms, and different on-chain functions, positioning Somnia’s neighborhood members as energetic representatives of the model.
“With .dream, we’re providing greater than only a area; we’re offering a digital dwelling for aspirations and massive concepts. Our intention is to create a vibrant on-line ecosystem the place creativity and ambition can flourish,” mentioned Sandy Carter, Chief Working Officer of Unstoppable Domains, in a written assertion. “Moreover, we are going to collaborate with Somnia to strategize for the upcoming ICANN gTLD software, aiming to additional embed .dream throughout the broader area ecosystem and broaden its capabilities. This collaboration represents our dedication to pushing the boundaries of what’s doable within the area identify business,” she added.
Acquiring a generic top-level area gTLD presents advantages for a blockchain firm, together with enhanced management over digital identities, stronger branding alternatives, and the flexibility to construct a decentralized, user-focused on-line ecosystem designed to align with the corporate’s neighborhood and targets.
Unstoppable Domains is a blockchain-based area identify supplier that allows customers to make and personal their digital identities immediately on the blockchain with none recurring renewal charges. By using it, customers can substitute lengthy, complicated alphanumeric cryptocurrency pockets addresses with easy-to-remember, human-readable names, enabling seamless interplay and transactions throughout over 720 completely different functions, wallets, exchanges, in addition to marketplaces.
Just lately, Unstoppable Domains expanded its providers to the Ethereum Layer 2 Base, constructed by Coinbase, additional extending its attain past its present infrastructure on platforms like Ethereum’s mainnet and the Polygon Layer 2 community.
