Freename: Web3 domain pioneer raised $2.5 million in seed funding round

Freename AG, the Swiss-based powerhouse in the world of Web3 Domains and TLDs, just scored big in its latest funding round, securing $2.5 million dollars in investments, a resounding vote of confidence from VCs and angel investors who believe in the Web3 revolution. This cash injection is set to turbocharge Freename’s growth and supercharge the development of its platforms.

Leading the group is Sparkle Ventures, joined by heavy hitters like Blockchain Founders Fund, Golden Record Ventures, Abalone Asset Management, and Sheikh Mayed Al Qasimi.

Freename is all about letting users create their very own top-level domains (TLDs) and second-level domains (SLDs) on multiple blockchains.

These Web3 domains serve as your digital identity and can be used for a wide range of tasks, from handling crypto payments to sending Web2 and Web3 emails, surfing regular websites, and even building decentralized websites. And here’s the kicker: According to Freename, TLD owners can become true registrars themselves, earning revenue every time someone registers a domain under their TLD.

Among the expert products that Freename has created, Web3 WHOIS is a game-changing domain explorer that digs into wallets, domains, and TLDs from Freename, Unstoppable Domains, and the ENS registry.

Plus, there’s the Freename Browser Extension, which plays nicely with Chrome, Brave, and Firefox. It’s a versatile tool that lets you do a bunch of things, including sending crypto payments via integration with MetaMask and other major decentralized wallets. Freename isn’t just about Web3 though; they’re working on making the web3 and web2 worlds play nice together, making the user experience as smooth as a freshly paved highway.

For more information, visit Freename.io.

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