Beginner
NFT domains: Everything you Need to Know about Unstoppable Domains
Objectives:
- Understand NFT domains and the benefits of utilizing Unstoppable Domains
- Be able to set up an NFT domain utilizing Unstoppable Domains
Outline:
- What is an NFT domain? Why should you use it?
- What is Unstoppable Domains?
- How to send or receive crypto utilizing your domain?
Summary
NFT domains are domains that live on a public blockchain and give users complete ownership of their stored data. The main benefits to owning one are simplifying crypto transactions by replacing wallet addresses with the domain name and easily creating and hosting websites on web3.
If you haven’t heard yet, NFT domains are the newest kids on the block(chain) and they have the power to change what we know of as the internet today. But before we dive into all that goodness, let’s take a step back to run through what traditional domains are and define NFTs — that way, you can truly understand the superpowers behind NFT domains.
Typically, you interact with a traditional domain when you type the address (like Twitter.com) into your browser. But did you know traditional domains were originally built to do so much more on the internet? Think of functionalities like email and payments. Hard to believe, right?
But as we can see, traditional domains haven’t progressed much beyond displaying websites. This might be because traditional domains have been controlled by centralized servers since the internet was created. This made it much more difficult for developers to innovate on top of that technology.
Luckily for us, the tech that powers NFT domains (a.k.a. blockchains) opens up a whole new realm of possibilities for us on the web!
