Most valuable Domain extensions: is .eth the next .com?

Most valuable Domain extensions: is .eth the next .com?

What are Web domain extensions?

In the beginning, domains were created as an alternative to the convoluted and nearly forgettable process of entering a string of digits to access a website. Nowadays, domains are a must for exploring the internet, providing us with a simple method to remember our favorite websites by typing the domain name into a browser’s address bar. There even exist most valuable domain extensions because of their significance even in branding

Web addresses are formatted using a predetermined pattern. Internet users may access the websites they want to without having to input lengthy IP addresses since “” is much easier to remember than a string of digits. Name resolution via DNS assures this. A URL is hierarchically organized in order to do this translation. First, look for the subdomain (after “https://”) on the far left, which is typically www but may also contain “blog” or different language versions (es or en). The domain name that follows has been freely selected. The top-level domain, or domain extension, completes the address.

TLD categories

There are three categories of Top-level domains (TLDs): those that are country-specific (ccTLDs), such as .us for the USA, those that are generic (gTLDs), such as .org, and lastly sponsored (sTLDs), such as .edu for educational institutions. TLDs are (for the most part) handled by ICANN or IANA globally.

While there are now many distinct domain extensions and users create new top-level domains all the time, certain TLDs are more well-liked than others. Due to this, there is a booming domain market where domains may fetch high prices. You’ll also need to consider your budget while selecting the ideal domain.

Cloudname can help you identify just about any domain extension, but not all of them are equal or meets your needs. When selecting the appropriate extension for your website, it is useful to be aware of the distinctions between domain extensions like .com and .org, etc.

The most valuable domain extensions

As a top-level domain or TLD, the majority of users automatically select .com. Obviously, the domain .com is extremely well-liked; 150 million .com domains have been registered under this domain.

However, there are many other top-level domains. Although none of them are as well-known as .com, they still manage to amass a wide variety of registrations.

In reality, several top-level domains have less than 1,000 second-level domain registrations, believe it or not!

The number of domains registered in each top-level domain may be determined using a variety of data sources.

The registry for .com and .net is Verisign. It maintains a running total for those two domains on its website.

A good job is done collecting statistics for new top-level domains like .gay and .xyz on the website It calculates the approximate number of domains registered at any given moment using publicly accessible data provided by the registries and other sources.

Operators of all top-level domains, excluding country code domains, submit their registration data to ICANN once each month. But it takes ICANN three months to release these figures.

Registered domains per TLD

If we go by statistics, we can’t say for sure how valuable or popular a domain is given that there are many factors that affect the number of registered domains. For example, the price for registration and the total number of populations in a country considering a country-based top-level domain.

For example in the following list;

  1.   .com – 148.7 million
  2.   .tk – 27.5 million (Tokelau)
  3.   .cn – 24.1 million (China)
  4.   .de – 16.5 million (Germany)
  5.   .net – 13.4 million
  6.   .uk – 11.8 million (United Kingdom)
  7.   .org – 10.1 million
  8.   .nl – 6.0 million (Netherlands)
  9.   .icu – 5.9 million
  10. .ru – 5.7 million (Russia)

Tokelau is a very small area in New Zealand with 1,500 persons but has 27.5 million registered .tk domains. How is this possible?

Well, it’s simply because the .tk domain is free, powered by a company working with the Island, and not because it is popular or valuable. What this implies is, that persons outside Tokelau can register on the domain simply because it is free and this is a strong factor against the population of the region itself.

So how then do we classify or on what basis do we have the most valuable domain extension?

Basically, the most valuable domain extensions would be the ones that add value to your websites and meets the need for which you register them.

Briefly, there are two basic things you would consider before choosing your domain extension;

  •     The use and
  •     The reason for creating the domain

Another factor to consider is your location.

For example, .com is the most valuable extension when it comes to commercial use.

A .us or .de would be the most valuable domain extension if you or your business is in the US or Germany.

.tech would be better if your reason is technology related or .blog if your reason is to run a blog site.

Is .eth the next .com?

As the Web3 equivalent of the .com, major businesses are snatching up domain names with the .eth suffix. But is .eth the replacement for .com, or is it simply more Web3 hype?

Based on the Ethereum blockchain, the Ethereum Name Service (ENS) is a distributed name system for Web3 applications.

In contrast to an Ethereum wallet address, which is a lengthy string of digits and letters, an ENS domain connects this address to a more palatable domain name.

Many individuals hurried to “squat” significant names that represented well-known corporations and personalities after the establishment of the ENS register.

For instance, although the ENS domain name amazon.eth has not yet been purchased by the world’s largest online retailer Amazon (AMZN), a sizable offer has just been made for it on OpenSea.

Why .eth domains are valuable

An ENS serves as wallet to receive cryptocurrency payments and NFTs, as well as to log in to a variety of accounts and platforms, including Decentraland.

In the Web 3.0 community, many now utilize it as a calling card or badge of honor, frequently changing their Twitter and Discord nicknames to their public .eth addresses.

The ENS on a first-name basis demonstrates that the person or brand is current with the scene, similar to email addresses, websites, and social media handles. Celebrities are already adopting them; two of the most popular eth accounts are Parishilton.eth and Shaq.eth.

According to Wang, if you possess your wallet, people will view you as legitimate.

Pahagbia suggests that minting an NFT may be a utilitarian purpose. “In order to mint an NFT, brands must have a blockchain address. They must specify in the smart contract that it is held by [the brand] if they are utilizing a third party to mint it on their behalf. Visit Opensea to see how transfers take place between wallets. The address could be connected to a .eth; if not, it works similarly to webpages where you need the URL and, failing that, the IP address. The new URL is “.eth.”


The need to stress the importance of domain names and their extensions is obvious. They help both in branding and in making your website easily accessible.

Start your Web3 journey with Freename TLDs and Domains. Sign up now and get a welcome coupon code of 10$ on your first purchase. 

Which are the best Web3 domains?

Web3 domain names are blockchain-based DNS addresses that allow each user to create and manage their domains. These addresses represent a user’s wallets. They are advanced resources that can be utilized as some other blockchain domain name. These domains can be traded on Cloudname. We shall be considering the best Web3 domains in this article.

The read-write-trust web, also known as Web3, is the third version of the internet. It uses blockchain technology, smart contracts, cryptocurrencies, and NFTs to create a decentralized web. It makes it more secure and robust since it is dispersed across a network of computers rather than being controlled centrally. Additionally, the decentralized web brings a switch from the traditional domain name system (DNS) to a Web3 domain name.

Blockchain-based DNS addresses, known as Web3 domain names, let users construct and maintain their custom domains. They serve as wallet addresses for the users. Users can trade the decentralized crypto domain names on NFT exchanges. The following domain extensions are used in Web3: .eth, .crypto, .dao, .blockchain, .nft, .888 etc.

Web3 domains, sometimes called NFT domains, provide a wide range of use cases and advance what we know about conventional or traditional domains. Web3 domains may be exchanged like an NFT, and one of their primary features is decentralization.

Before we delve into the best Web3 domains, we would first have to state what domains are clearly.

What are Domain names?

Domain names are the data that may translate a string of words from a natural language into an IP or record locator address. In the conventional domain name system, 13 servers worldwide are used to maintain this “ledger”. It’s supervised by a global governing organization and the nations that each control their domain names.

These domains are internationally compatible with the current routers, browsers, applications, and websites.

The list and record requests, as well as verification, are handled on one of several decentralized blockchains in the Web3 domain name system. Without a centralized authority, a set of agreements and regulations control the domain. Private enterprises play the function of marketing and managing ties with the Blockchain.

So, Web3 Domain Names are the crossing point of the Domain Name world and the Crypto universes.

What advantages do web3 domain names offer?

Control over online identity: the best Web3 domain would allow for individual or group ownership, unlike conventional domain names, which big businesses or organizations frequently control. It enables users to express themselves or their brand more personally by using their domain and distinctive identifiers in NFT form.

Lower cost: They are significantly less expensive than conventional domains. That’s because Web3 domains do not need a centralized registrar and do not involve intermediaries. Regular domain names start at $6.98. Web3 domain names, such as the .hmn extension used by the Cortex app, are free.

They are future-proof: Web3 domain names will gain popularity as the internet transitions to a more decentralized paradigm.

Security: Since Web3 domain names are maintained on the Blockchain, they cannot be altered or removed by anybody, making them perfect for storing sensitive data or creating censorship-resistant apps. Since they lack a single point of failure, they are also more resistant to hacking and other types of attacks.

Anonymity: They may be registered anonymously, unlike conventional domains, which frequently need personal information. Users will have better online privacy because their identity won’t be connected to their domain.

The best Web3 domains

There is no such thing as best Web3 domains in their entirety because each serves its specific function and often has specific use case(s). It means that, before you choose a domain, you must consider at least why and for what you need a Web3 domain.

Below is a representative list of the best Web3 domains.

  •  .Metaverse

The .metaverse domains can be registered on any blockchain users prefer. This TLD has been minted on Freename. Each name is distinct and can only be minted once per first minting. The owners of metaverse TLD receive a royalty on all upcoming purchases of that specific name which in this case is Freename. Each domain can be employed for a variety of purposes, such as hosting your website and substituting the NFT domain name for your lengthy cryptocurrency wallet address.

  • .ETH

The conventional domain name investors and blockchain entrepreneurs, two extremely exciting markets, meet at the intersection of the ENS.eth domain names. Sadly, despite there being millions of blockchain users worldwide, very few blockchain domain names have been registered.

Blockchain users have discovered, that picking a blockchain domain name makes utilizing their apps easier. That’s why there is now a sizable pent-up demand for domains. Like with traditional domains, you can also lease out your blockchain domains. Also, you can even set up a lease-purchase deal to let others build brand value on your property while keeping your choices open.

With your .eth address, you can receive any and all types of cryptocurrency in your single .eth wallet.

.X is the ideal option when looking for the most adaptable and memorable Web3 domain. By running your decentralized webpage utilizing one, you may utilize this name to start establishing your profile and strengthen your position in the Web3 realm.

You may considerably abbreviate your wallet address with your .x domain. It helps you and anybody with whom you do business remembers your address more easily.

The suffix “X” is likely to become one of the most well-liked Web3 domain suffixes since it is brief, adaptable, and simple to remember.

Being one of the original domain extensions introduced, .com has remained among the most well-liked over time. And for the same reason, .x has the best chance of becoming the most well-known NFT domain.

  • .NFT

For good reason—they let you own digital assets—NFTs have emerged as Web3’s most talked-about subject.

The best Web3 domain for creators, admirers, collectors, and artists is the .nft domain. You may host NFT websites, trade NFTs, and transfer and receive over 275 other cryptocurrencies using this short name.

Utilizing a .nft domain name is ideal, given that many NFT creators offer a product or service (or both). When you have a .nft domain to go along with your brand name, you can enhance your reputation and let your customers know they are doing business with you and not fake.

The implication is that your Web2 website, social media profiles, wallet addresses, and Web3 websites can all be identical. It enables you to increase your community’s brand perception and foster trust.

  • .Crypto

.crypto domains are a cutting-edge solution that offers an unprecedented degree of protection to domain owners represented by single Non-Fungible Tokens (NFT). These websites don’t have a single point of failure and let people post without worrying about being blocked by an outside organization.

Some individuals are often motivated to purchase this domain because it is the first of its type. Owning a domain with the word “crypto” in it may be the holy grail of NFT domains because it was one of the first terms to be “coined” (no pun intended) in the Web3 movement.

Although it’s impossible to predict what the .crypto domain’s future contains, if I had to venture a guess, I’d say that some fascinating things are probably currently being developed using .crypto.

  • . Blockchain

You may now register a .blockchain domain thanks to a collaboration with Unstoppable Domains and, one of the biggest bitcoin financial services.

One of the greatest possibilities for blockchain lovers is the .blockchain domain.

You may receive over 275 currencies and tokens on any blockchain network with this name, which lets you combine all your cryptocurrency addresses into a single .blockchain domain.

It is ideal for individuals and companies who need to set up a simple payment solution. Because this domain will probably be renowned, particularly for cryptocurrency transactions.

  • .Bitcoin

The .bitcoin domain is a method for offering Bitcoin users an avenue to create awareness or draw other Bitcoin enthusiasts to themselves.

Also, you can utilize your .bitcoin domain name to supplant your wallet addresses (including other cryptocurrency addresses), have your DAO’s site, and offer your view on Bitcoin with others.

  • .Wallet

With  .wallet domains, you won’t ever need to worry about sending Bitcoin to the wrong address. Comparable to the blockchain industry, the preferred domain suffix for use with payments is .wallet. Whether doing commercial or personal transactions, possessing a .wallet domain communicates to people that you are a professional.

I think businesses will ultimately utilize this domain exclusively for payments. A .wallet domain might be used to pay bills, loans, and other monthly obligations.

For individuals who perform recurring transactions, the .wallet domain provides a streamlined payment alternative.

  • .Dao

The .dao domain is appropriate for advocates of open governance, community, and those in charge of DAO.

Decentralized autonomous organizations (DAOs) are made up of computer-programmed rules that are frequently open to the public and subject to member oversight (not a central authority).

The .dao domain was created with the idea that corporations would likely use DAOs in the future.

Although DAOs are relatively new, businesses can integrate them into their organizational structure. What more effective strategy is there to promote your DAO (and provide simple access) than to create a DAO-specific domain?

Other notable Web3 domains include .moon, .hodl, and .token which are all trademarked by  All these can also be minted on freename. The first miner to register a TLD gets to unlock royalties as well, and earn passively from them when domain names are registered on them.


The list of best Web3 domains provided here is not exhaustive; what we tried to do here was to highlight those that are best for specific use cases. Looking to create your domain, Cloudname is the ideal place for you.

How to invest in Web3

How to invest in Web3

When Web1 came into the limelight, people would have probably thought it was the peak of the internet. Then Web2 came with even better offers. Web2 brought an expansion of social media and mobile data, as opposed to “Web1,” which was strictly ‘read-only.’ Internet users could not contribute whatsoever. It was simply one-way traffic. Web3 brought about many things happening at once; cryptocurrency, blockchain technology, non-fungible tokens, decentralized finance (DeFi), and even the metaverse. These cutting-edge innovations are still strange to a lot of people who are barely recently gaining knowledge of what Web3 is. This is why in this article, we will look at how to invest in Web3.

This will give you keen knowledge of what area of Web3 can not only preserve your money but also bring in bountiful profits. Before then, let’s start from the beginning.

What is Web3?

For us to have a full understanding of what Web3 is all about, let’s get to the origin. We’d begin our research from Web1 to 2, and then 3.


Web1 is often called the static web or read-only web. It was the original internet that emerged in the 1990s. Since only HTML, URL, and HTTP were used in its production, this read-only version was not “user-friendly.”

Moreover, read-only access to Web1 is currently unavailable. Since no algorithms were utilized, no one will be able to alter or add to the data. In the early days of the internet, when it was known as Web1, the only truly interactive features were email and news websites.

Most website owners are the authoritative author of all content, and visitors cannot contribute. This was greatly disturbing because there was a lot of misinformation during that era.


Unlike Web1, which was just read-only, Web2 embraced a two-way conversation. It enabled reading and writing, which gave it the name, Read-write. This upgrade of the world wide web was first proposed in 2005, giving rise to altered internet behavior.

In addition, websites began to embrace a better and improved mode of information sharing as a direct result of the evolution of the web and the proliferation of scripting languages like JavaScript, HTML5, and CSS.

Also, because of Web2, browsing the web is now a lot more fun. Users can now edit the website’s material as they see fit. The proliferation of mobile apps, video games, and social media has accelerated the spread of Web2’s innovations.

Moreover, the Web2 architecture is client-server based, so when you visit a website, you request a remote data repository. This company-owned and -operated server houses all of the information that must be present to run a functional website.


This world wide web version embraced the third feature, “to own.” It comprises both the read and write features present in Web2 with a unique, never seen feature, “own” to its characteristics. It is often referred to as the Semantic web.

In addition, Web3 is widely regarded as the Internet’s third iteration because of its emphasis on public accessibility, decentralization, and independence from corporate “trust” and permission. The third generation of the World Wide Web is based on decentralized protocols that encourage user participation in the development and maintenance of online content. Additionally, they have the option of partially owning the website.

Furthermore, Web3’s power lies in empowering users to take creative control of their lives. Like blockchain, Web3 will function as a decentralized network of computers communicating directly with one another. For these reasons many experts recommended to invest in Web3 at an early stage.

Numerous existing technologies can form the basis of Web3. Some of the technologies that might form the backbone of a decentralized internet include blockchains like Chainlink (LINK), Helium (HNT), and Ethereum (ETH) and data repositories like the InterPlanetary File System (IPFS).

Moreover, thousands of dApps, open-source applications, are now operational on a blockchain network. Native tokens used within these decentralized applications (dApps) contribute to a growth in token value. As a result, users who own these cryptocurrencies can take part in the network and benefit from it.

Now that we’ve gotten that out, let’s look at how to invest in Web3. It’s time to gain business opportunities from this new era network.

How to Invest in Web3

There are several benefits tied to Web3. What areas, then, can you invest in? Let’s check 7 strong investment opportunities we have put together for you

  • Web3 Tokens
  • Web3 TLDs and Domains
  • NFTs
  • Crypto loans
  • DeFi
  • Web3 stock
  • Metaverse
  • Crypto staking

Web3 Tokens

Web3 tokens compensate for computing, bandwidth, storage, identity, hosting, etc. As cryptocurrency and Web3 expand rapidly, developers are constantly striving to make them more robust in terms of scalability, security, and efficacy. There is a lot of comparison between Web3 and cryptocurrencies because they both want to be decentralized and provide everyone with the same opportunities.

You can look for a successful Web3 project and be involved in their token. So, as the business experiences growth, so would your investment.


NFTs (Non-fungible tokens) was established to protect ownership and a sense of scarcity for digital files. An artist may keep the copyright for themselves, sell it to the buyer, or set a proportion of secondary sales that the owner may make, just as they would with a real work of art.

As an investor, you can do in-depth research on thriving NFT projects that will yield higher profits during a resell. Then, you can purchase them at the seller’s rate and resell them later at a much higher price when you have observed the market and gotten a whip of scarcity.

Crypto loans

Web3 and blockchain technology has the potential to completely alter the international financial lending industry because of decentralization and autonomy. Compared to the traditional loan system, you know, it requires processing by centralized institutions like banks. This usually involves a thorough application process, including a credit check and financial documentation from the potential borrower.

If you can invest in such a platform, you can put your crypto for lending while you earn passively from it.


When deciding where to put your money in Web 3.0, don’t forget about the booming DeFi market. Decentralization is the central idea behind DeFi, a new finance approach. This means that basic financial services, including banking and credit, should be accessible to the public without the intervention of a monopolizing authority.

This is another means of earning via Web3 investments.

Web3 stock

The stock market is the hub for investment and stealthily finds its way into the Web3 network. First, you must find an exchange where you can monitor the crypto market. Some of the networks include Coinbase,  Binance, etc. Then, get actual knowledge on how trading on the crypto stock works on your preferred exchange channel.


If you want to know what the future holds for the Internet, go no further than the metaverse. For this reason, choosing a strategy incorporating multiple tactics would be prudent.

Metaverse holds many investment opportunities, from managing metaverse portfolios to buying actual lands on metaverse. These are investment opportunities you can do in-depth research on and explore.

Crypto staking

It is important to Web3’s future and has been a focal point for several crypto-start-ups. Blockchain networks that employ a proof-of-staking consensus process are closely linked to the concept of crypto staking.

In addition, Investors are incentivized to store their crypto tokens within the blockchain, which would help ensure the network’s integrity. As a result, the return for the investors would increase. However, things have changed in the staking industry, and other sites offer better returns.

This is another resourceful investment opportunity in the Web3 network.

Freename TLDs and Domains

Have you been wondering how you can earn passively via owning TLD and Domain? You should get to know Freename. We reward our users by opening a profit-sharing license every time other users register their Web3 domain on their minted Web3 TLD. This is a reward system for their domain registration price and effort. Interesting right? Check out more now on


How to invest in Web3 might just be the next level investment opportunity to earn both active and passive income, on which earning passively is much more important. Several emerging technologies will still give rise to better investment opportunities in the foreseeable future. These technologies include NFTs, DeFi, metaverse, blockchain, crypto, and much more. There’s a lot you can earn from Web3. Ensure you DYOR (Do-Your-Own-Research) before trying out any.


Start your Web3 journey with Freename TLDs and Domains. Sign up now and get a welcome coupon code of 10$ on your first purchase. 

Web3 Use Cases

Web3 Use Cases

Can we start with the fact that the internet has changed so much since it was discovered? It is understandable because for users to enjoy the full-blown benefits of the internet, there is a need for it to expand and grow to make itself more accessible and valuable. Hence, the evolution of the web.
From Web1 down to Web2, and now, Web3, it has been a crazy transformation. The best part of this evolution is that it gets better every time, but some people might argue the case when comparing Web2 and Web3. That’s a discussion for another time.
Let’s check out Web3 use cases as we proceed in this article.

The Evolution of the Web

The first of the Web models was Web1, and you can just relate it to a bland salad, just cabbage, nothing more. It was highly characterized by its lack of emphasis on user input and its emphasis on static websites and text-based web pages for information delivery. That’s why it’s commonly referred to as the “read-only web” on the internet. It can only display and doesn’t welcome your opinion as a user.

Then, the web gurus and scientists thought about how they can make Web1 better, and this birthed Web2, with many more use cases. The current web format most of us got to know. It had a lot of changes and underlying internet infrastructure. It set the foundation for the next step in the web’s evolution. Web2 showed that the web has much more potential than we explored. It can access a wide range of users and work in tandem with a wide range of systems and applications. Web2 brought the era of a merger between the web and social media apps.

This foundation gave rise to the birth of Web3. The internet development efforts are focused on Web3, a decentralized web infrastructure that has sparked a revolution in the online community. Many people are still trying to understand what Web3 has to offer them. It’s not only individuals. Companies are also looking for Web3 use cases to assist the growth and development of their businesses.

So, what exactly is Web3?

What is Web3?

Web3, called Web 3.0, is the name for the latest World Wide Web revolution. The core goal of Web3 is to create a decentralized network for the World Wide Web. No single entity controls the hub where most Internet traffic originates and terminates. No external factors are involved. Thus Web3 offers much wider use cases than its predecessors.

The Internet is and always has been a decentralized network. It’s made up of a plethora of networks that are, in turn, linked to one another. It is usually sufficient if the route to an online destination goes through additional nodes in case a node fails. If your local network or the remote server of the desired Internet service is experiencing difficulties, the link between the two will be disrupted.

Furthermore, the only issue is that a small number of multinational conglomerates now host most websites and online services. The Internet has risen to the forefront because of how crucial its server infrastructure is. On top of that, these businesses often amass customer information, to sell them or use them for advertising. Social media platforms like Facebook and search engines like Google are prime examples of this model because they rely on advertising revenue to sustain themselves.

In addition, current applications of blockchain technology include digital currencies, NFTs, etc. It allows for platform-independent, private data transmission. By the way, this article explains how a blockchain operates.

What are the features of Web3?

One of the things to consider, as we go through this Web3 use case, includes the features and benefits of this latest evolution of the world wide web. We can fully grasp what Web3 is all about.

Although, one of the major features of Web3 is decentralization which has birthed a lot of other benefits. Let’s dig into this.


The theoretical benefit of blockchain decentralization is data privacy. If things are protected by blockchain, then no one can access them without permission. Of course, how far huge firms are authorized to collect data about you remains a question in the implementation, and that data will be utilized to continue displaying targeted advertisements. In contrast, Web3 provides a safer environment for users in terms of security against cyber threats.

However, cryptocurrencies are now also not completely risk-free. Possible entry points for an attack include malware on the user’s PC or the crypto platform’s website. The Internet’s security could be much improved if it were migrated to the blockchain.

Limitless Scalability

Unfortunately, the internet’s flaws have been there for a long time and show no signs of being fixed soon. Online video games are a prime example of this phenomenon. Even though it didn’t come out until 2004, World of Warcraft was a major step forward for massive online games with many users doing different things simultaneously. Long lines and choppy gameplay weren’t enough to dampen people’s interest in the phenomenon in major cities.

The Web3 network solves this by spreading the workload throughout the whole network; Web3 may grow nearly indefinitely, as new participants always add more processing power. If the game world is not overly crowded, there is no need to split it into multiple servers. Big, virtual game worlds might be the way of the future.


A lot of people consider metaverse to be the idealized version of Web3. With the help of the metaverse, we may include more virtual aspects into our everyday lives. We can also use the vast online world as an interface, that incorporate apps and other virtual worlds effortlessly.

Furthermore, an additional tenet is that all users sharing the same virtual location have the same impression of that location. Therefore, scalability is vital so that a few thousand users can congregate in the same virtual space across numerous instances but still be able to interact with one another. Since the blockchain serves as Web3’s foundation, virtual goods and services in the metaverse can be purchased using cryptocurrencies or Non-fungible tokens (NFT) more easily.

What does the future hold for Web3?

Web3 is the bedrock of so many developments and a more promising future for the web. The potential and use of Web3 have been planted deeply in the future, the Metaverse. The term “metaverse” refers to the collective and long-lasting digital space made possible by VR and AR technology.

The world is embracing the virtual world, although it is still in its early stage. It also embraces decentralization and autonomy.

What are the real-life applications of Web3?

There are a lot of Web3 applications, and we’d discuss some in the article below to get a closer idea of Web3 use cases:

  • Blockchain Applications: It has been implemented into several blockchain-related projects because of its uniqueness like great energy efficiency, user-driven governance, parachains, and parathreads. Other platforms include Pokadots, Uniswap, Aave, etc.
  • Gaming platform: With Web3, there is an opportunity to implement play-to-earn models, connection to crypto wallets, and proof-solid security. e g., Axie infinity, Splinterland, Illuvium, etc.
  • DeFi Apps: DeFi Apps operate a network that is open and decentralized. Users on this network do not operate a central authority to the legal owners of all data and services. Developers, traders, and liquidity providers work together in a free and open financial market.
  • Web3 Domain and TLD: It has a major influence in the crypto-verse. It helps bring simplicity to the process involved in sending and receiving cryptocurrency using human-readable addresses. With Web3 domain and TLD users can also create a blockchain-based, decentralized, ad-free website. The strength of these websites is their anonymity and security.

You might want to check out Cloudname

Cloudname is the hub where you can choose to either sell or rent web3 domain names. There are also options to tokenize any domain name of your choice on the blockchain or win one when you play lotteries. The domain names up for grabs are of high value. There is also an option to earn passively by trading NFTs. Your journey into Web3 is just a step away.


Web3 use cases have proven that this model of the world wide web holds so many promises and strongholds in the future. It is a foundation for greater accomplishments on the world wide web. There are many benefits, one of which is decentralization and another, is anonymity. These two are most cherished among users on the internet.

What are Web3 Domains?

What are Web3 Domains?

Web3 is the next generation of the Internet. Blockchain technology, cryptocurrencies, artificial intelligence, and machine learning all fall under this umbrella term, which was coined after the emergence of the Internet, Web 2.0, and social networking. In particular, the cryptocurrency industry appears to be entering a golden age. What are Web3 domains associated with Web3? We will discuss all the details of the Web3 domain in the article below. Read on!

What are domains?

IP addresses, such as “,” are used to recognize certain computers and other devices online. Most users, or people that are connected to a network via a device such as a computer or a smartphone, also have their unique IP addresses.

Furthermore, the IP address of a server is a unique number that allows computers on the Internet to locate and communicate with it to retrieve data from the server hosting a certain website. It is not the IP address itself that the user enters or sees, but rather the domain name. The IP is a string of numbers that, yes, is difficult to remember and recognize.

Moreso, It goes without saying that each domain must be distinct to point to a certain website. The Domain Name System (DNS) is what enables every IP address in the public sphere to be associated with its distinct website. This system transforms IP addresses into domain names with the help of special servers (name servers).

The Domain Name System (DNS) is hierarchically made up of various top-level domains (TLDs) and lower-level domains (subdomains). We’ll use .com as an example of a top-level domain (TLD) and as its subdomain. Website creation typically necessitates the use of a centralized domain registrar, such as Google Domains. Internet addresses, or “domain names,” can be purchased here.

What are Web3 domains?

Domains in the Web3 space function in the same way as .com and .org websites. Web3 domain names, on the other hand, are not controlled or confiscated by force like traditional domains regulated by the multinational company ICANN, and only exist in the blockchain.

Web3 domain names function like regular cryptocurrency wallets in that only the owner of the wallet’s private key may access and manage the domain. Domains on the blockchain confer autonomy to users, just as Bitcoin does.

In addition, there are two main purposes that Web3 domains serve. It aids in streamlining the use of human-readable addresses in cryptocurrency transactions. It can also be used to build a blockchain-based, decentralized, ad-free website.

Why do we need readable crypto addresses?

Our experience over the previous decade has shown that blockchain technology has vast potential applications. However, it is mostly employed to safeguard crypto assets held by investors. This is because, like a bank, the blockchain stores a ledger of all crypto wallets.

With the help of blockchain technology and digital currencies, we may soon see a global economic system that is vastly superior to the one we have now.

Furthermore, the process of creating crypto wallets is the first issue that needs to be addressed. To open a new bank account, you need to only present your identification to the bank. Each “account” on the blockchain, or crypto wallet, consists of a string of unrelated numbers and letters. These lengthy crypto addresses are a hassle for most users because they are difficult to see and can easily lead to errors. 

What are the major benefits of Web3 domains?

Web3 Domains is focused on offering censorship-resistant decentralized websites in addition to its goal of making it easier for the general public to handle and manipulate multiple cryptocurrencies.

Censorship-resistant websites are entirely owned and controlled by domain owners, as opposed to traditional websites, which are kept and operated by several companies like ICANN and Google.

However, this carries significant risk for the end user, just like cryptocurrency. No one, not even law enforcement or unstoppable domains, can manage or view domain content without the private key.

This also ensures the privacy of the domain and its contents up to the point where the owner chooses to make them public. With the right measures in place, it can be extremely challenging to identify the individuals behind the information provided by a website.


The introduction of Web3 domains will induce a shift in the industry as a whole because once registered, no one can restrict or prohibit access to your domain. Your website, domain name, content, and configurations are safe from unauthorized access. 

In addition to the obvious advantages of blockchain for hosting decentralized websites, the proliferation of blockchain domains is giving rise to several novels and intriguing methods of transferring and receiving cryptocurrency.

Cloudname is the innovative platform for online domain trading. Discover the world of cloudname and everything you didn’t know about domain trading.

Which are the best Web3 domains?

Web3 domain names are blockchain-based DNS addresses that allow each user to create and manage their domains. These addresses represent a user’s wallets. They are

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How to invest in Web3

How to invest in Web3 When Web1 came into the limelight, people would have probably thought it was the peak of the internet. Then Web2

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The Kings and Queens in the Future of Web3

The Kings and Queens in the Future of Web3

I discovered Unstoppable Domains on the 12th of March 2022. The Unstoppable NFT Domains offer of an uncensorable digital asset that is truly owned was irresistible. 

In web2 we have seen that  BIG Tech platforms have somehow managed to “own” our digital identity and data.

Recently an Australian lady who had the name Meta on Instagram was rug pulled from her digital identity when Facebook changed its name to Meta. If she had owned her name as an NFT domain she would have been more secure from the rug pull. I’m super bullish that in web3 I can use one NFT Domain like Drumkoon.NFT to log into over 300+ DApps and I decide what data I want to share with those DApps.

Unstoppable NFT domains have more utility than any NFT domains in the marketplace. Besides resolving my crypto wallet adresses with an easy to remember name I also have the ability to build decentralized websites and projects that no government can censor or shut down. I’m a freedom of speech maximalist and uncensorable NFT domains are a great technology in a time where even heads of state can be deplatfomed from social media. I have personally had some of my music banned from Spotify and even some of my books were banned from Amazon. I’m bringing those projects back with my unstoppable domains. 

The market of NFT domains will be 10X that of traditional domains because everyone (individuals and organizations alike) will need one to navigate web3. Imagine several billion people, each with an NFT domain. Right now search engines like Google index hundreds of thousands of dot com domains and other web2 domains.

The number of the sites they are indexing will pale in comparison to the billions of web3 domain sites that will be unleashed on the internet in the coming years. As a result we will have a more diverse internet that is user owned. If companies like Google or Microsoft don’t step up to resolve web3 Nft domains and index them, you can be sure that web3 is working on its own solutions to resolve NFT domains and index them.

Privacy centric browsers like Brave, Opera and others are already working to adresses these issues. The future of web3 is already being built and we are early. Every one will of course have at least 1 NFT domain, but premium Unstoppable NFt Domains are getting minted out and those who hold those premium domains will be the new domain kings in the future of web3


Cloudname is the innovative platform for online domain trading. Discover the world of cloudname and everything you didn’t know about domain trading.

Which are the best Web3 domains?

Web3 domain names are blockchain-based DNS addresses that allow each user to create and manage their domains. These addresses represent a user’s wallets. They are

Read More »

How to invest in Web3

How to invest in Web3 When Web1 came into the limelight, people would have probably thought it was the peak of the internet. Then Web2

Read More »

What is a Decentralized ID

What is a Decentralized ID


As you may guess, the Decentralized Identity also known as Blockchain Identity or Decentralized ID is linked to WEB 3’s evolution and the belief that one should dispose of their own personal data on the Internet.

Crypto and Blockchain technology opened the door to an incredible new world where users can set their IDs via privately-owned domain names (WEB 3 domains), crypto-wallets, and various non-fungible tokens (NFTs) on a blockchain environment, surpassing any regulation, censorship, or interference from the biggest players like the Internet regulator ICANN or corporations like Meta (Facebook and Instagram).

The Decentralized ID is a step in the same direction.

Dislike what we all have to do when setting up an account for a social media channel, the online bank office, a new email address, etc., etc, the Decentralized ID will help us redirect to the desired channel without setting new credentials. One ID to link all potential logins and credentials.

Instead of inventing different and more complicated passwords for each website that requires them, our wallet will keep the key to our Identity to present ourselves whenever needed without linking additional data.

The fact that the Decentralized ID is entirely under the ownership and the control of its user, will prevent controlled and uncontrolled data breaches of transfers of web identities made by private corporations, state bodies, or criminal parties.

So, How does the Decentralized ID work?

As mentioned above, the Decentralized Identity helps the user to present a single key, held in the ID wallet for all platforms they want to access.

These platforms are created in a blockchain environment. They can be anything from ID card, driving license, employment card, passport, library card, social media, anything that requires online account and verification and is on the blockchain.

  1. The user will get credentials from the issuer in return of an ID presented online. These credentials will then be stored to the user’s digital wallet.
  2. All this is possible on the blockchain ledger where instead of an authority holding all their users’ data, there is an environment where two parties can present and verify their IDs directly.
  3. When a Company needs to verify a customer’s proof for ID, they check if the digital wallet contains the correct key – online ID. No need for the user to present or send hard copy documents to prove their identity. The proof is already there, in the user’s digital wallet.

The above accelerates the process of verifying individual ID credentials, without the exposure and personal data transmission. This allows faster transactions, ease of credentials proof and ID confirmation.

The service providers

By focusing on users’ benefits, we may forget that the Companies and the other service providers are also taking advantage of this decentralized, more democratic environment:

  • – Service providers will hold less user data which will decrease significantly the threat of security risk linked to data breaches and data leaks.
  • – Less data means limited cyber-attacks interest.
  • – The service providers will target the right audience and the marketing budget will be better optimized.

The users

But how can the digital wallet guarantee the safeguard of its user’s identity?

The wallet keeps users’ biometrics, previously required informed consent among other identificaors by using encryption in a decentralized storage environment, the blockchain, which is initially designed to be impenetrable. The encryption allows to conceal the metadata and therefore prevent hacking.

Among the benefits for the users are:

  • – No more usernames and passwords. One ID to enter all the accounts.
  • – Decreased risk of passwords and data leak.
  • – Important documents like travel visa, driving license, university diploma, entry permit, and other credentials, all kept in the wallet without the need to present them physically or scanning and then sending online.
  • – Done with the unwanted advertising and social targeting. Since the users decide whom to approach and what data to present and since users are the keeper of their digital ID, fewer third parties will be allowed to contact the customers.
  • – Data and digital ID kept with the owner and not with the authorities.


The Decentralized ID is in the basis of establishing a new level of trust between Companies and Service Providers on one side, and the customers and users, on the other. Among the players to enter the decentralized universe are also the government bodies.

A new environment to benefit us all where undesirable targeting and data breaches will be way more difficult.

Cloudname is the innovative platform for online domain trading. Discover the world of cloudname and everything you didn’t know about domain trading.

Which are the best Web3 domains?

Web3 domain names are blockchain-based DNS addresses that allow each user to create and manage their domains. These addresses represent a user’s wallets. They are

Read More »

How to invest in Web3

How to invest in Web3 When Web1 came into the limelight, people would have probably thought it was the peak of the internet. Then Web2

Read More »

How does it work?

On 28/01/2023 a whitelist of eligible wallets will be published (any wallet holding $CNAME since before 27/01/2023 – NOTE: the tokens needs to be in a WALLET and not for example in an exchange)

Whitelisted users will be able to Redeem $CNAME directly on the Cloudname website.
The application page will allow users to connect their wallet and choose how many $CNAME to redeem.

Once the $CNAME are sent, users will immediately receive an email with a Freename promo code. Every promo code will be $100 max, and is not cumulative  (e.g. if you redeem $1,000 in $CNAME, you will receive 10x $100 promo-codes)

Happy Web3 TLDs and Domains Shopping!