Saturday, July 2, 2022

Take Your First Step on the Path of Web 3.0 With NFT Domain Names From Quik.com

The Takeaway:

The popularity of NFT domain names is rising, and Quik.com is at the forefront of this industry. It has made it easy for anyone to sign up for an NFT domain name. This has resulted in creating a thriving, interactive community where web3 domain names are constantly traded and discussed. 

Web 3.0 top-level domains (TLDs) based on the Ethereum blockchain have risen to prominence as a direct result of Quik.com. These NFT Domains provide far too many positives in terms of both advantages and benefits to be ignored.

Since websites on Web3 will be hosted on these NFT domain names, they are certainly a ticket to the future internet. If you have one, you may use it to operate a decentralized website and publish any content you like on the web3 without worrying about a censor or other third party preventing you from doing so. It seems unbelievable, yet it’s true. 

Here is how to get an NFT domain name registered with Quik.com

  • Create a domain name at Quik.com by connecting your metamask or Mobile wallet. 
  • Select the TLD of your choice. 
  • A search box would appear. Type your desired NFT domain name and search to see if it is available. If yes, a button will be displayed, giving the option to mint the NFT domain. 
  • This button can be used to initiate and confirm cryptocurrency transactions. 
  • Once the transaction is approved, you may call yourself the proud owner of the NFT domain name. The NFT domain is saved in the Bitcoin wallet like other crypto assets. 

NFT domain names are generated via the blockchain and then “minted” on the blockchain. Therefore, they outperform all other types of domain names in terms of privacy, accessibility, and public assurance. Therefore, minting a new NFT domain name involves a new entry on a distributed ledger.

 

Where do you use the minted NFT domain?

There are several ways in which the Quik.com ecosystem may help you use your NFT domain name.

First, Quik.com is working on a Chrome add-on to let you use your newly created NFT domains to host decentralized websites. Using the future web browser extension by Quik, your NFT domain name can be used in place of your crypto wallet address. 

The lengthy alphanumeric string that makes up a cryptocurrency wallet address is tough to remember and even more so to type correctly. The cryptic addresses can be replaced with the NFT domain created at Quik.com.

But that’s not all; as the Quik.com ecosystem grows, you can expect many additional uses for your NFT domain shortly.

 

What if you decided you no longer need the NFT domain?

Once you have “minted” the NFT domain name, you will own it permanently without ever having to pay a renewal cost. Assume that you wish to sell the NFT domain you own. So, how do you go about achieving that? Quik.com is a P2P marketplace where you can list and sell your NFT domain name to other community members.

If you’re the one who first “minted” the NFT domain name, you would now receive a royalty payment for any transaction using that name.

With many advantages, reserve your NFT name on Quik.com right now and put your first step in the door of Web 3.0.

Disclaimer: The article reflects the opinions of the author and is not representative of Chaintimes’ views.
The article does not offer any investment advice. User discretion is advised when investing in or trading with cryptocurrency. Extensive and diligent research should be carried out by the reader before making a decision.

Cheng Wei Chan
Cheng Wei Chan
Cheng is an AI & APP Engineer based in Taipei City, Taiwan. After completing his graduation in Computer Science from National Taiwan University, he dedicated his life into researching and writing about technologies such as blockchain, cryptocurrency, artificial intelligence and application development.

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