web3 domains are web addresses that use decentralized technologies, such as blockchain and distributed ledger technology (DLT), as the technology develops it is likely web3 domains will replace hosting companies. Early adopters of web3 domains like those sold on W3DNA have the opportunity to get involved in web3 from the ground up. Within this article, we will look at the benefits of web3 domains and how to buy them.
In some cases these are known as NFT domains, and they are designed to give users more control over the content they publish and access on the web. Using web3 allows for a much faster loading time, privacy for information shared online, and the ability to access web content even when web hosting companies are down.
Unlike traditional web addresses, web3 domains don’t require a third-party web host once configured. So, whilst it can be a tricky set up, this gives users more control over their data and how it’s stored, and web3 domains provide a more secure web experience.
Pros and Cons of web3 Domains
Companies like W3DNA offer a number of benefits for users:
- Domains do not need an extension: this opens up a world of possibilities when building a web3 site and lends itself to more unique avenues of publishing
- Any symbol in any language: unlike traditional domains, you can use symbols and hieroglyphics in web3 domains
- Users can have a domain name that is as long as their imagination - there is no limit to the length of a domain that you can have on providers like W3DNA
- 3 Chains - Currently chains supported for minting are BSC, Ethereum and Polygon
- NFT adoption can be volatile - Whilst NFTs are growing in popularity, there is an element of unknown when minting - so be sure to be confident in your product
Is Using W3DNA Safer Than Web 2.0?
Yes, W3DNA domains are more secure than web 2.0 and offer additional privacy benefits. Web3 domains use the latest in blockchain and DLT technologies to ensure private information isn’t leaked or shared without user permission. Additionally, web3 domains are better protected from cyber-attacks due to their decentralised nature, meaning web content is distributed across multiple servers and locations, making it much harder to hack into.
These benefits are seen when downloading and installing the W3DNA browser (likely to also become widely available on ‘traditional’ browsers using extensions) - and also offer increased safety.
Using the W3DNA browser comes with:
No external control: With an NFT domain, you are directly on the blockchain - not a hosting service - this means you directly control all of the data within the site.
Risk of scamming is massively reduced: Whether it’s DOS attacks, website hacks or scammers trying to hack a piece of software for user data, using W3DNA domains greatly reduces this risk.
Ease of use: With W3DNA the domain itself is a wallet address, so no need to remember (and keep in storage) a long wallet address that could be stolen
Benefits of W3DNA Domains
There are a number of benefits to using W3DNA for web3 domains.
Full autonomy over web addresses: W3DNA gives users more control over data and content provides a nice benefit and reduces the need to use third parties. In essence an individual can keep full control of their own security if they wish. This is similar in terms of cryptocurrency itself.
Faster loading time: A perk of web content on W3DNA is that it is stored globally in multiple locations and ultimately protects a site (and its data) in a much more robust way than a 'standard' site stored on a server.
Increased privacy: users with W3DNA domains can limit who has access to web addresses - much in the same way as logins / paywalls work - this adds a further layer of security in a more complex way.
Cybersecurity benefits: more secure than web 2.0 with decentralized nature making it harder to hack into, carry out brute force attacks etc.
web3 Domains Use Cases
web3 domains are being used for a variety of web-based applications, including:
Decentralized finance (DeFi): web3 has enabled the growth of DeFi by providing web addresses that allow users to securely store and access financial data.
Crypto wallets: web3 web addresses are also being used to store crypto wallets, allowing users to securely store and manage their digital assets.
Data storage: web3 web addresses provide a more secure way to store data, such as medical records or other confidential information.
Social media networks: web3 makes it possible to create web-based social networks that are private, secure, and fast.
Web gaming: web3 web addresses can provide gamers with faster loading times when accessing web content related to their favourite games.
Online shopping: web3 web addresses make it easier for online shoppers to securely access and share payment information without having to worry about their data being leaked.
Certificates: web3 web addresses can be used to store digital certificates, allowing users to securely store educational or professional certifications.
How to Buy an NFT Domain
Step 1: Find a web3 domain registrar
The first step to buying an NFT web3 web address is to find a web3 domain registrar, such as *W3DNA.
Step 2: Choose your web3 domain name
Once you’ve found a web3 domain registrar, the next step is to choose your web3 web address. To make sure you get the best web address possible, it’s important to do research and compare prices between different web3 domain names.
Step 3: Choose a currency to purchase in
When purchasing web3 domains, you’ll need to decide which currency you want to use. Most web3 web address registrars accept many different cryptocurrencies, such as Ethereum (ETH), Bitcoin (BTC) or USDC.
Step 4: Purchase your NFT web address
Once you’ve found the web address you want, the next step is to purchase it. This process involves paying a fee and submitting personal information, including your name and address. After this step is complete, you’ll have an NFT web3 domain!
The Future of web3 Domains
web3 domains are rapidly gaining popularity as web users become more aware of the benefits they offer. As traditional web hosting companies continue to struggle with security issues, web3 domains provide an alternative that offers better protection and privacy for web users. W3DNA goes a step further here and has also reinvented the browser for web3 as well.
Beyond this, web3 web addresses can be used to create web-based applications with increased speed and security. As web3 web addresses become more widely available, they will likely continue to be used for a variety of web-based services and applications.
web3 domain technology offers numerous benefits such as higher levels of security, faster loading times, and increased privacy - and this is only likely to improve in the future. As web hosting companies continue to struggle with security issues, web3 web addresses provide an alternative that offers more secure web hosting solutions. For those looking for a way to securely store data or access web content, web3 web addresses are an ideal solution.
This content is sponsored content and has been created in collaboration with *W3DNA. As with all our content it has been created to meet our strict editorial guidelines.
