(Paid content) – Freename proudly announces its landmark achievement as the first Web3 registrar globally to receive ICANN accreditation, marking a pivotal moment in merging traditional domains with a Web3 platform. This milestone highlights the increasing synergy between traditional and Web3 domains, representing a significant leap forward in the domain industry.
Integrating ICANN Standards with Freename and Web3 Technology:
With ICANN’s endorsement, Freename now integrates traditional domain management with Web3 domain services and Web3 DNS. This fusion ensures users can access the most secure, reliable, and sophisticated solutions for managing all their domains in one platform.
“Receiving ICANN accreditation is a huge step forward for the entire domain industry,” said Davide Vicini, CEO of Freename.
“It reinforces our commitment to innovation and excellence in the domain registration sector. We’re excited to bridge the gap between traditional and Web3 domains, offering our users a seamless experience.”
Transforming Domain Management: Mirroring and Tokenization:
ICANN accreditation bolsters Freename’s efforts, including the mirroring and tokenization of traditional domains into Web3. This groundbreaking feature allows users to purchase traditional domains on Freename and effortlessly convert them into decentralized versions. With this capability, any domain can function within the decentralized web, unlocking unique Web3 utilities and applications.
Freename provides users the flexibility to maintain a presence in both Web2 and Web3 environments, expanding their reach as the internet continues to merge centralized and decentralized components. Tokenization redefines domain ownership and trading, turning domains into digital assets that can be easily bought, sold, and traded on a blockchain, creating a more dynamic secondary market.
The blend of Web2 commerce with cutting-edge Web3 features enhances security and transparency. Tokenized domains offer a verifiable history of ownership and transactions, minimizing fraud risks and building trust. This transparency fosters a robust marketplace for digital assets and introduces new financial models like fractional ownership and domain leasing.
If you are interested in tokenizing your domain names, please fill out this form to stay informed about the latest updates from Freename.
