Quik․com Marketplace Launches NFT Domain Name Minting – Sponsored Bitcoin News

With rapid technological advancement, digitization has enjoyed a golden age in recent years.

Concepts we’ve never heard of are now becoming mainstream. An example of this is NFT domains, which are growing as new web extensions. Quik.com is launching NFT domain names such as .doge, .shib, .metaverse, .blockchain, .bored and .vr that are linked to the blockchain via smart contracts.

The main feature of NFT domains that distinguishes them from traditional domains is their decentralized nature.

Traditionally, when we buy a domain name, we just rent it for a certain period of time which is managed by centralized servers.

However, decentralized domains allow us to maintain our own custody and full control over our assets. NFT domains, like any other cryptocurrency, are verified on the blockchain and stored in a digital wallet.

These domains also provide benefits such as the ability to support decentralized Internet portals, provide full ownership control over domain management elements, and enable developers to innovate beyond what is captured in a web browser.

In particular, these NFT domains are referred to as catalysts for the revolution of the Internet as we know it today.

Recognizing this huge potential of decentralization crypto domainsQuik.com has launched a platform, billed as “the world’s best blockchain marketplace for NFT domains,” that allows users to buy and sell blockchain-based domain names, including an advanced system search where users can browse specific lists.

“We are committed to hosting creative NFT domain names for the internet of tomorrow,” the Quik founders said when sharing their intent behind the project.

The Quik ecosystem was designed as a gateway to Web 3.0. The platform aims to help businesses move from centralized Web 2.0 to Web 3.0, a permissionless and permanent future of the Internet. This allows us to regain the freedom that was lost when we moved from Web 1.0 to Web 2.0.

Must rent domains

NFT domain names building on the traditional domain selling standard, Quik allows buyers to browse listings powered by an advanced search system, allowing them to acquire decentralized domain names with minimal effort.

The blockchain allows users to own NFT domain names instead of renting them. Therefore, you can buy the domain name with a one-time registration fee without needing periodic renewals. Having real ownership means that the original coiners will receive an ongoing royalty of approximately 5% to 10% on each subsequent sale.

More information about Quik here

At launch, you can browse TLDs, top-level domains such as .doge, .vr, .shib, .metaverse, .blockchain, etc. Each of the minted domain names is accompanied by a unique artwork. With these assets you enter the internet of tomorrow. Notably, TLDs are hit-limited, meaning users are on a first come, first come basis.

While the first set of TLDs on Quik exist on the ETH Ethereum blockchain, Quik.com plans to add additional blockchains soon, including BSC (Binance Smart Chain), SOL (Solana), and GateChain.

From domain names to wallet addresses

As a domain owner, you can use your domain as a website URL, universal username on websites and apps, and payment address for your digital wallet within the Quik ecosystem.

After launching the Quik Marketplace for NFT domains, the team is now focused on launching extensions for web browsers, including their own, and partnering with major cryptocurrency wallets such as Coinbase.

These partnerships allow exchanges to use Quik NFT domains in addition to existing wallet addresses.

Quik.com will also be holding a public token sale for QUIK tokens later this year.

Buy your first blockchain domain name today from Quik.com

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