Web3 domain provider Unstoppable Domains is expanding support to .eth domains, allowing users to purchase through the official website. Unstoppable Domains often offer domain endings like .crypto, .blockchain, .nft, etc., while the Ethereum Name Service (ENS) is the only place where Ethereum enthusiasts have been able to buy .eth domain names. .
The addition of Ethereum Name Service (ENS)-based .eth domains to the Unstoppable website aligns with its broader plans to become the first “one stop shop” for Web3 domains with support for all major name systems and strings. of blocks.
New unstoppable domains functionality
According to the official press release shared with CryptoPotato, the launch will for the first time allow anyone to purchase .eth domains natively through Unstoppable. New features will be added to attract and engage a new audience in .eth.
For one, users can access the optional Unstoppable Vault – Domain Vault – to protect their .eth or other Web3 domains within a private vault managed by Unstoppable. This feature allows users to purchase .eth domains without the immediate need to connect them to a crypto wallet.
In addition to offering an added layer of security, domains stored in the vault are the sole property of the users themselves and not Unstoppable, which can be easily transferred to a self-custodial wallet whenever desired.
To address the challenge of remembering on-chain Ethereum renewals and preventing accidental loss of .eth domains, Unstoppable will also introduce an optional auto-renew feature specifically for .eth domains. This functionality will allow users to choose the duration of the renewal, with each automatic renewal priced at $4 per renewal period.
Meanwhile, the platform will also offer new options for buying .eth domains, including credit cards, PayPal, Google Pay, and Apple Pay, along with Bitcoin and 11 other cryptocurrencies.
In an exclusive statement, Sandy Carter, COO of Unstoppable Domains, said:
“Unstoppable Domain’s ultimate mission is to become the first universal ‘one stop shop’ for web3 domain and every user’s digital identity related needs. To achieve this goal, we are constantly striving to offer support for all major blockchain and naming systems, and the recent addition of .eth functionality was a big step in this direction.”
In an attempt to ensure there are no name collisions, each .eth domain purchased from the Unstoppable website will be registered via the ENS smart contract with the same full functionality as other .eth domains.
In the future, Unstoppable Domains will allow users to manage .eth domains, including setting up crypto addresses, managing on-chain profile data, and transferring .eth domains.
The development comes more than a year after the platform announced the closing of $65 million in Series A funding, making it a unicorn. The capital infusion was said to have been put in place to drive product innovation and forge partnerships in the Web3 space.
address the challenges
Despite being a new technological advance, the Web3 domain industry initially faced a lack of adoption. While the tides are turning, challenges remain.
To that extent, Carter believes that blockchain-based platforms still require greater technological acumen than mainstream, one-stop services, intentionally designed to be as accessible as possible, even as the former offer myriad innovative features that were “simply unsustainable” just a few years ago. years.
“To address these issues, Unstoppable Domains and other web3-native companies are focused on making the web3 ecosystem easy to use and understand, allowing users to easily navigate web3 through decentralized domains and digital identities of their own.” .
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This post Web3 Unstoppable Domains domain provider extends support to .eth domains
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