Saturday, July 2, 2022

.Metaverse domains from Quik are the next big thing and here’s why

The Takeaway:

The metaverse continues to prove to be one of the most quickly growing project clusters in the technological industry. There’s a ton to explore and enough points of view for you to experience over a lifetime. The metaverse essentially inculcates advanced technology such as motion sensing, artificial intelligence, machine learning, blockchain, virtual and augmented reality, and others to create advanced practical applications in niches such as education, work, business, health, and lifestyle, fashion, and everything else that you can possibly imagine. The metaverse is on the verge of hitting an absolutely solid home run on all industries combined and Quik.com is here to provide a way for you to join it in its early endeavors. How? Through NFT domain names. 

Quik.com is an NFT domain name marketplace that provides a single platform for people to mint, buy, sell and auction NFT domain names. Quik.com also has a complete solution for you to use the NFT domain names that you mint through the Quik.com ecosystem. Quik.com is soon about to release a chrome extension that will allow you to browse the web3. Normal browsers will not be able to help you browse the web3. Through this extension, Quik.com will allow you to host decentralized websites on the web3 using the Interplanetary File System. Additionally, you will also be able to browse the web3 for other decentralized websites. 

Also, it’s incredibly simple to mint a .metaverse domain name on Quik.com.  All you need to do is get on the website and connect the supported crypto wallets. After that, you can continue to search for your preferred NFT domain name with your favorite TLD, the .metaverse TLD, from the main page. After that, you can check for its availability. If it is available, then you will see a mint button underneath it. Through this, you can complete a transaction by confirming it on your crypto wallet and then get the NFT domain name minted for yourself. Voila, the .metaverse domain name is finally yours. 

Now on the Quik.com ecosystem, as mentioned earlier, you will be able to host decentralized websites using the NFT domain name through the Quik.com Chrome extension, which shall be launched at a later stage. Another use case for the minted NFT domain names will be to replace them with your hexadecimal crypto wallet addresses to make transactions easier and also to make it easier to remember the address. 

You will be able to sell your .metaverse NFT domain name on Quik.com. There is a P2P marketplace where you can list and sell your NFT domain name. You can have the choice to sell it using a fixed price or using the auction option. If you are the one that originally minted the .metaverse domain name, then you will be eligible to obtain a 5% royalty on all the transactions that the NFT domain name goes through. 

In the crypto realm, NFT domain names are a new asset class. Crypto domains, unlike traditional domains issued by the Internet Corporation for Assigned Names and Numbers (ICANN), are not managed by a central authority. They are recorded on the blockchain through the minting process and hence belong to a specific individual. Because they are non-fungible, no one can make a duplicate of them in the future. Until you decide to sell them, they are yours. You always can store them in your crypto wallet, just like every other crypto token or coin.

So, what does this have to do with the metaverse? If that’s the case, the metaverse is nothing more than a shift in how information is distributed and consumed. The metaverse introduces you to new methods of ingesting data using current technological applications, and it is likely to become a significant element of the web3. For anyone seeking to make it big on the web3, the metaverse is a huge opportunity. Quik.com makes it simple for you to get started, by registering the .metaverse domain. You stand to get into both web3 and the metaverse in one move. Go get your .metaverse domain name on Quik.com today

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.

Dorsey Gray
Dorsey Gray
Dorsey works in the oil and energy industry since he graduated as a mechanical engineer from Bagdad Senior High School. However, he loves to explore and write about the financial world while he sits in the balcony of his beachside room. Dorsey also loves to cook, but just for himself.

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