Supplier of on-chain area and digital identification 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 reinforce 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 might be a vital factor 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 completely on-chain, seamless digital society the place customers have an choice to work together, collaborate, and commerce property throughout totally different digital experiences with out limitations.
By means of 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 function in fostering unified and immersive digital interactions.
The “.dream” area aligns with Somnia’s aim of encouraging innovation and constructing a robust group throughout the metaverse. It permits customers to make the most of their customized “Title.dream” as a singular and memorable pockets deal with, simplifying safe cryptocurrency transactions. Moreover, this TLD capabilities as a digital identification throughout gaming, social platforms, and different on-chain purposes, positioning Somnia’s group members as energetic 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 are going to collaborate with Somnia to strategize for the upcoming ICANN gTLD utility, aiming to additional embed .dream throughout the broader area ecosystem and increase its capabilities. This collaboration represents our dedication to pushing the boundaries of what’s attainable within the area identify trade,” she added.
Acquiring a generic top-level area gTLD presents 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 targets.
Unstoppable Domains is a blockchain-based area identify 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 exchange lengthy, complicated alphanumeric cryptocurrency pockets addresses with easy-to-remember, human-readable names, enabling seamless interplay and transactions throughout over 720 totally different purposes, wallets, exchanges, in addition to marketplaces.
Lately, Unstoppable Domains expanded its providers to the Ethereum Layer 2 Base, constructed by Coinbase, additional extending its attain past its present infrastructure on platforms like Ethereum’s mainnet and the Polygon Layer 2 community.