Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
In the traditional internet, Web 2.0, domain names were a gold mine. Some of the top domain names were sold for millions of dollars; similarly, NFT domains could be huge in Web 3.0.
The latest market data also suggest increasing search volume for decentralized internet over the past few months. It might be an indication of mainstream adoption of blockchain platforms.
The decentralization of the internet is made up of different ideas working towards the same objective, bypassing third parties, including tech giants like Google and Meta. The aim is to give users control and ownership of the internet.
However, one of the biggest issues with Web 3.0 and blockchain platforms is that they can’t be accessed via traditional web browsers. This is where blockchain domains play an integral role in catalyzing its adoption.
NFT domains available on the Quik marketplace address the core mission of the internet’s next revolution. They offer the simplicity needed to push the mainstream adoption of blockchain platforms on Web 3.0. It gives back direct ownership to end-users with no intermediaries.
“Crypto domain names are one of the most significant developments towards the decentralized web. They have the potential to revolutionize the way we use the internet with increased transparency, functionality, and security. We built Quik to lead this evolution and overcome the barriers to Web 3.0 innovations,”
said Sahil Kohli, Chief Executive Officer of Quik.com.
Simplifying Web 3.0 With NFT Domains
The NFT domains you purchase or mint on the Quik marketplace are stored in a public ledger. You can use them to streamline your crypto transactions by replacing lengthy alphanumerical crypto wallet addresses with easy-to-remember domain names.
Quik crypto domains can also revolutionize Web 3.0 by replacing complicated IP addresses like traditional domain names. Besides their usability as universal names, the decentralized nature of blockchain also makes these domain names censorship-resistant.
Once you purchase NFT domains, you are its sole controller. Below are a few other primary features of Quik blockchain domains, once the entire ecosystem is live:
No need to periodically renew your NFT domain name
Use Quik NFT domains as URLs for online portals through InterPlanetary File System (IPFS)
Build decentralized platforms and apps on top of it
“With their versatile functionality and decentralized nature, we believe crypto domains have the potential to bring our vision of truly decentralized internet towards reality,”
added Quik CEO.
The majority of Quik users buy NFT domains to use as personal identities. They use a single domain name to replace complicated addresses of crypto wallets.
Besides simplifying the transactions, you can also use blockchain domain names to host your own Web 3.0 sites and develop apps on top of them.
As with the traditional domains, combined with the non-fungible nature of crypto domains, you can leverage its scarcity as an alternative investment.
Reselling appealing NFT domain names on the secondary market could be lucrative. Quik will also pay you 5% royalties on any future sales of your minted blockchain domains.
Get the Early Mover Advantage with Quik
“For a long time, Web 3.0 was only a theory. However, with the introduction of NFT domains, blockchain technology, and smart contracts, it is likely to thrive in the near future,”
And when that happens, early movers are set to get the biggest advantage.
And with Quik, you will get some additional distinct edges:
- Quik is simple, intuitive, and quick without any third-party involvement
- It offers the infrastructure your business needs to transition from Web 2.0 to Web 3.0
You can get your favorite NFT domain names using several extensions available for minting on Quik. As of now, Quik offers .chain, .vr domains, .metaverse domains, .doge, .shib, .web3, .address, .bored, and .btc. Kohli revealed that Quik plans to launch more TLDs as the platform expands.
Users can use any term of their choice with these extensions to turn them into crypto domains. They can also use the site to look for available NFT domain names that have been supplied by peers, which they can then add to the public ledger.
Quik also allows users to make blockchain transactions for selling or acquiring traditional domain names on Quik’s marketplace for better security and transparency.
Subscribe to Quik’s Newsletter here – https://quik.substack.com/
Join Quik’s Telegram Group here – https://t.me/quikcom