Overview of web3 domains on different blockchains
Table of contents
1. Key features and what blockchain domains are for.
The main set of functionality of blockchain domains.
2. Overview of web3 domains on various blockchains.
2.1. Ethereum Name Service (extension -eth)
2.3. Polkadot Name Service (extension — dot)
2.5.1. Evmos.domains (evmos extension)
2.5.2 .Evmosnameservice (evms extension)
2.7. Avalanche (avax extension)
2.8. EDNS Name (extensions meta, music, 404, sandbox. Ass)
2.10. DaSystems (bit extension)
2.13. Algorand (algo extension)
2.14. Dfinity network (extension ic)
2.16. Ada (ad extension, surf)
2.17. BSC Name Service (bnb extension)
2.18. QUIK (extension metaverse, vr, chain, address, I, bored, doge, shib, bts, web3)
2.19. handshake (extensions 1, 247, 3dom, 80proof, api, articles, etc.)
2.20. Decentraland Names (extension dcl.eth)
2.21. Web3 Name Service (web3 extension)
3. Sales, intellectual property rights.
1. Key features and what blockchain domains are for
Blockchain domains are designed to be easy to interact with when sending/receiving many cryptocurrencies, with the address being a human readable domain name (e.g. vitalik.eth) rather than a long alphanumeric address — e.g. 0х1111222233344445556667777888aaabbb which is impossible to remember. The address given above is an address for only one cryptocurrency, so if you want to send 200 cryptocurrencies, then you will need to store 200 different addresses.
With blockchain domains, everything is simpler — all addresses are registered within the domain itself and the sender from different blockchains sends cryptocurrency to one domain, which is fast, convenient, error-free and prevents phishing.
We can give an example of a similar situation with an IP address on the Internet we are familiar with. A traditional domain name is a specific Internet Protocol (“IP”) address for a website that is accessible over the traditional Internet. When someone enters the traditional domain name “www.vitalik.com" into the URL field, the browser queries the Domain Name Service (“DNS”) server, which associates the domain name with the correct IP address and displays the website associated with domain.
A blockchain domain such as “vitalik.eth” does not use a DNS server to associate with an Internet IP address. Instead, it links to an address on the blockchain via an NFT provided by the domain name service on the blockchain. The blockchain address associated with the blockchain domain name is a special container in which cryptocurrencies and NFTs can be stored.
Some figures of market leaders — more than 2.4 million registrations in Unstoppabledomains and 1.67 million registrations in ENS.Domains
The main set of functionality of blockchain domains
- Ability to accept various cryptocurrencies to the domain address
- A profile that contains the owner’s basic data — social networks, website, intellectual property rights, for example, on TM or other important information
- Decentralized site, subdomains (with the possibility of transferring rights to third parties)
- Compatible with NFTs
- Identification in the Metaverses
Some of the features may be under development.
Here is how Coinbase describes it:
“At Coinbase, we want to help pull all the pieces of identity together — essentially creating an identity on-ramp into the Metaverse.
That’s the idea behind our work with ENS, which makes it possible to create a unique username NFT that resolves to a wallet. Eventually, this will allow users to carry a unique ID across different worlds in the Metaverse.
Our goal is to make it easy for anyone to establish their identity and gain access to those worlds in a way that’s simple, trusted, and decentralized..”
Or Unstoppabledomains:
“We’re also working on technology that will allow you to purchase your avatar, define and maintain your public profile, and establish trust. And we’re working on features like Sign in with [Eth/Coinbase], which could allow users to sign into every app in the Metaverse.”
2. Overview of web3 domains on various blockchains
2.1. Ethereum Name Service (extension eth)
Twitter @ensdomains
Ethereum network, 1.67 million registrations, 505 integrations (browsers, wallets, applications), DAO, registration price — $5 per year from 5 characters domain length, 4 characters — $160, 3 characters — 640$, ERC721
Interesting features:
- DNS import in ENS, Since whoever owns the name in DNS can always claim the corresponding name in ENS, the final security of a DNS name in ENS depends on the security of the name in DNS (supports com, org, io, app, xyz, art)
- NFT avatar on your profile
2.2. Unstoppabledomains (extensions crypto, nft, 888, wallet, blockchain, x, dao, coin, bitcoin, zil)
https://unstoppabledomains.com/
Twitter@unstoppableweb
2.4 million registrations, over 280 integrations (browsers, wallets, apps).
Price from $5, depending on the number of characters in the domain, ERC721, supports Ethereum and Polygon, perpetual, that is, no need to renew. Decentralized sites, own browser and extension in Chrome.
2.3. Polkadot Name Service (extension dot)
Twitter@PolkaNameSystem
Now (August 2022) while registration is open from 8 characters in the domain, depending on the number of registrations, domains with 7, 6, 5, etc. characters will be opened gradually.
Price — from $25 per year, payment on the Moonbeam network in GLMR tokens.
Interesting feature:
Each user of the PNS domain name will have a free personal Web3Profile, just enter your .dot.site name in the browser.
2.4. Dotsama domains (extension .polkadot, ksm, sub, wagmi)
https://app.subsocial.network/dd
Price-10 SUB (Kusama network) for 1 year, from 7 characters, identification in Sub.id,
at the time of writing (August 2022) the limit is 3 domains per account.
2.5. Evmos
2.5.1. Evmos.domains (evmos extension)
Twitter@ evmos.domains
Price from $5 per year, interface similar to ENS Domains.
Mainnet launched recently, 8.6K registrations.
2.5.2 .Evmosnameservice (evms extension)
Twitter@EvmosNS
The price is from $11 per year, the interface is similar to ENS Domains.
2.6. REKT (rekt extension)
Polygon network, perpetual, price 1 MATIC, no functionality, but you can sell and move the domain.
2.7. Avalanche (avax extension)
Twitter@avvydomains
Avalanche network, yearly price from $5 in avax tokens, extension in Chrome, and in Firefox via lume web you can visit avax sites directly.
Interesting feature:
avax.sh — DNS integration.
Registrants should be aware of the possibility of revocation and suspension of domains.
2.8. EDNS Name (extensions meta, music, 404, sandbox, ass)
Twitter@ednsdomains
Polygon network, price per year $ 25, payment by card
Interesting feature:
The Ether Domain Name Service (EDNS) is proud to announce the beta release of EDNS Message, a feature on top of the EDNS platform that integrates mobile messaging with Web 3.0 technology. This feature is the first in the blockchain market to connect Web 3.0 with traditional telecommunications services to protect the security of digital asset transactions.
2.9. Tezos (tez extension)
Twitter @tezos.domains
Tezos network, price per year 1 tez with a domain name length of 5 characters, 4 characters — 25 tez, 3 characters — 100 tez, auction system, Kukai wallet.
Decentralized sites and subdomains, DNS integration
2.10. DaSystems (bit extension)
Twitter @dotbitHQ
Cross-chain domains, Polygon network, from $5 per year, you can brand domains up to 1–3 characters.
Interesting feature:
You can convert a domain from the Polygon network to Ethereum
To manage your data, you will need to have more than 350 CKB from Nervos Network, for those who want to figure out more information:
https://talk.did.id/t/getting-started-with-bit/426
2.11. Flow (fn extension)
Twitter@flownsorg
Flow network, price from 0.32 to 40 FLOW (depending on number of characters) for 1 year, wallet: BLOCTO.
2.12. Solana (sol extension)
Twitter@bonfida
Wallet Phantom, Sollet
Payment in FIDA (from $20), auctions for domains, domains themselves are perpetual.
Interesting feature:
emoji domains
https://solana.blog/bonfidas-solana-naming-service-launches-sol-domains/
2.13. Algorand (algo extension)
Twitter@NFDomains
Price — from $ 20, depending on the number of characters, perpetual domains, NFD standard
Interesting feature:
when putting up for sale, all metadata is removed, which is very convenient for the buyer.
2.14. Dfinity network (extension ic)
Twitter@ic_naming
Decentralized Internet DNS, which plans to integrate traditional domain names as well. Wallet Plug, upon purchase, you need to convert ICP to DICP, the price per domain for 1 year is 0.345 DICP, the sale is open at the time of writing (August 2022) of domains from 6 characters, for domains with fewer characters, you need to buy quotas.
On the same resource you can put up domains for sale.
2.15. Celo (nom extension)
Twitter@nomspace_nom
Cross-chain domains, i.e. one domain for different blockchains.
Payment from $5 per year.
2.16. Ada (ad extension, surf)
Twitter @adadomains_io
In October 2021 had a pre-sale, there is no launch yet, we are following.
Domains are declared as perpetual, the price is 3–20 ADA from 9 characters, 50 ADA from 5–9 characters, 100 ADA for 3–4 characters
2.17. BSC Name Service (bnb extension)
Twitter@trust_domains
BUSDT payment from $30 depending on the number of characters.
Now registrations open from 5 characters.
2.18. QUIK (extension metaverse, vr, chain, address, I, bored, doge, shib, bts, web3)
https://twitter.com/quikdotcom
Stamp price from 0.08 ETH, perpetual.
Interesting feature:
- The original minter will be entitled to a permanent fee of 5%-10% on each subsequent sale of the domain.
- Domain revocation.
2.19. Handshake (extensions 1, 247, 3dom, 80proof, api, articles, etc.)
Twitter@NamebaseHQ
Log in (for example, with a GitHub account), auction system, payment in HNS (you can change BTC to HNS inside the service). Can be purchased from third party services (porkbun.com, Namecheap, EnCirca).
2.20. Decentraland Names (extension dcl.eth)
https://builder.decentraland.org/
Twitter @decentraland
Names in the Decentraland Metaverse, this is both your avatar and a name that can be assigned to a site, which creates a unique URLhttps://name.dcl.eth/, which immediately directs you to your Earth in Decentraland.
Ethereum network, Polygon, Payment in MANA via Metamask (Ethereum network).
2.21. Web3 Name Service (web3 extension)
Twitter @wnsdomains
You can pay by card or cryptocurrency (Metamask, ETH), the price is from 0.03 ETH depending on the number of characters, domains are perpetual, decentralized sites.
Interesting feature:
Name migration with different extensions, more https://wnsdomains.io/docs/migration
2.22. Bitcoin network, forks — Emercoin (coin extension, lib, emc, bazar), Namecoin (bit extension), Onion (onion extension)
Twitter@peernamecom
Work via Chrome extension, Opera, Firefox
Price per year from $14 (onion-unlimited), payment by cryptocurrency, there is a lifetime registration for $399.
Referral system.
Interesting feature:
TOR .onion domains are not based on the blockchain. They are not registered in any central ledger or blockchain. You will only receive the private key.
2.23. Cryptovoxels Names
Twitter @cryptovoxels
Name and avatar in Voxels Metaverse, Polygon network (Matic), free mint, gas payment only.
More detailshttps://wiki.cryptovoxels.com/Player_customization/Username
Early Adopter Rewards
In many of these projects, rewards are possible for early adopters if the project releases its native token, as was the case with ENS domains (ENS token), but this is not certain.
3. Sales, intellectual property rights
If we talk about NFTs in general, then there has been a sufficient number of disputes about the protection of intellectual property recently:
- Nike vs online reseller StockX for infringing its trademark by selling unlicensed NFT sneakers,
- Hermes vs. MetaBirkin — selling bags as NFTs
- Miramax is suing filmmaker Quentin Tarantino over the issuance of collectible tokens featuring scenes from the movie Pulp Fiction.
If we talk about NFT in the context of blockchain domains, then today such a platform as opensea.io excludes domains if there is a request or appeal from TM owners or their representatives.
Example: RIAA petition to remove music domains from the site
https://blockworks.co/opensea-removes-ens-domain-auctions-following-riaa-complaints/
It is also interesting to watch the dispute between Unstoppabledomains and Handshake blockchain domain registrars over the .wallet extension.
https://domainnamewire.com/2022/07/20/update-unstoppable-domains-sues-over-handshake-wallet-domain/
A similar dispute is possible and Unstoppabledomains with Subsocial (Dotsama Domains).
Now the blockchain domain market is chaotic, a secondary sales market is being formed. Some projects allow branding everything, according to the FCFS rule. Others (not quite decentralized) try to protect TM owners from squatters according to different rules.
The problem is that the owner of the wallet manages the blockchain domain and only he or she can transfer the ownership. It is often difficult to determine the owner of a wallet and ICANN regulation does not apply to web3.
Therefore, a secondary market for the sales of blockchain domains has been formed, its main platforms are:
Examples of recent sales of blockchain domains, where TMs buy them to create representations in web3:
Beer.eth — price 30 ETH
Samsung.eth — price 60 ETH
hotels.crypto — price $100,000
win.crypto — price $100,000
opensea.eth — price 100 ETH
Examples of proposed prices for blockchain domains
In addition to using the functionality of the blockchain domains indicated above (acceptance of various cryptocurrencies via domain, decentralized site with subdomains, NFT compatibility, identification in the Metaverses, ownership of the brand in web3), companies that think with a horizon of say 5 years are developing a comprehensive program — issuing a token, NFT, own Metaverses. This is now in trend, gives good PR, leads to additional monetization, increases the reputation of the company as a technological one and, most importantly, creates a new community for the company.
Author
A. Pavlenko