Freename to Apply for New Top-Level Domains in Upcoming ICANN Round
TL;DR
Freename's participation in the upcoming ICANN gTLD registration round gives it a strategic advantage in the domain industry.
Freename plans to apply for .chain, .token, .metaverse, and other gTLDs to expand its reach and utilities in the Web3 domain space.
Freename's strategic collaborations aim to maximize the impact and relevance of each top-level domain, enhancing the internet for users.
Freename's innovative approach to Web3 domain registration and strategic partnerships make it a dominant player in the market.
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Freename, a prominent player in the Web3 domain registration sector, has revealed its intention to participate in the forthcoming ICANN generic Top-Level Domains (gTLDs) registration round. The company plans to apply for several new gTLDs, including .chain, .token, and .metaverse, as well as submit applications on behalf of undisclosed third-party customers.
This move by Freename could significantly impact the internet's domain landscape, potentially introducing new Web3-focused top-level domains that bridge the gap between traditional web infrastructure and blockchain technology. The company's strategy involves creating Web3 domain registrations with replicas in the Web2/DNS space, aiming to expand their reach and utility across both ecosystems.
Freename's ability to participate in ICANN's gTLD program is bolstered by its strong position within the domain industry and partnerships with institutional players. Notably, the company has collaborated with ICANN-licensed Registry ShortDot to launch WebUnited, a joint venture focused on enhancing Web2 domains with blockchain utilities. These strategic relationships underscore Freename's growing influence in both traditional and Web3 domain markets.
As the first Web3 Registrar with ICANN accreditation, Freename is uniquely positioned to sell and tokenize both traditional DNS domain names and Web3 domains. This dual capability, combined with its expertise in domain tokenization, has solidified Freename's dominance in the Web3 domain market, with 2024 statistics ranking it as the top Registrar in the sector.
The upcoming ICANN gTLD registration round presents significant opportunities for businesses seeking to secure their own personalized Top-Level Domains. Freename's participation in this process could pave the way for increased adoption of Web3 technologies and create new possibilities for digital identity and ownership in the online space.
As the internet continues to evolve, the introduction of these new gTLDs could have far-reaching implications for businesses, developers, and users alike. The potential integration of blockchain-based domains with traditional web infrastructure may lead to enhanced security, ownership rights, and new use cases for digital assets and identities.
Curated from BlockchainWire
