Supplier of on-chain area and digital id options, Unstoppable Domains unveiled a strategic partnership with Somnia, a platform targeted on constructing “the Metaverse laptop” to increase the capabilities of non-fungible tokens (NFTs), metaverse experiences, gaming, and social purposes.
This partnership seeks to boost the accessibility and affordability of decentralized digital identities by introducing the “.dream” top-level area (TLD). The launch will characteristic prominently at Somnia’s upcoming Token 2024 occasion, serving as a key activation for this initiative.
“Id can be a vital aspect 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 property throughout completely different digital experiences with out obstacles.
Via its latest partnership, customers can now purchase “.dream” domains, which facilitate easy transactions involving cryptocurrencies, NFTs, and different digital property throughout greater than 865 decentralized purposes (dApps). This TLD, supported by Somnia’s superior blockchain infrastructure, performs a key position in fostering unified and immersive digital interactions.
The “.dream” area aligns with Somnia’s purpose of encouraging innovation and constructing a robust group inside 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 features as a digital id throughout gaming, social platforms, and different on-chain purposes, positioning Somnia’s group members as lively representatives of the model.
“With .dream, we’re providing greater than only a area; we’re offering a digital residence for aspirations and large concepts. Our purpose 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’ll collaborate with Somnia to strategize for the upcoming ICANN gTLD utility, aiming to additional embed .dream inside the broader area ecosystem and increase its capabilities. This collaboration represents our dedication to pushing the boundaries of what’s attainable within the area title business,” she added.
Acquiring a generic top-level area gTLD affords advantages for a blockchain firm, together with enhanced management over digital identities, stronger branding alternatives, and the power to construct a decentralized, user-focused on-line ecosystem designed to align with the corporate’s group and objectives.
Unstoppable Domains is a blockchain-based area title supplier that allows customers to make and personal their digital identities straight 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 purposes, wallets, exchanges, in addition to marketplaces.
Just lately, Unstoppable Domains expanded its companies to the Ethereum Layer 2 Base, constructed by Coinbase, additional extending its attain past its current infrastructure on platforms like Ethereum’s mainnet and the Polygon Layer 2 community.
