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Defining your online identity in Web3 with Unstoppable Domains | by Lorna Hutchman | @blockchain | Aug, 2022

Published

2 years ago

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With Web3, we’re embarking on a new evolutionary chapter of the internet that promises to give ownership back to individuals rather than corporations.

Organizations such as Unstoppable Domains offer a gateway to a fully controlled digital identity through decentralized domain names.

We recently spoke with Sandy Carter, Senior Vice President and Channel Chief at Unstoppable Domains, on the Blockchain.com Podcast who describes online identity in Web3 as being “all about ownership. Who owns the data and who owns the digital identity.”

Identity and data ownership

Unstoppable Domains allows anyone to purchase a decentralized domain name that is minted as an NFT on the Polygon blockchain, giving the owner full ownership and control.

The domains can be used as your universal username to access Web3 apps, websites, gaming and the metaverse.

“Your digital identity travels with you everywhere in Web3 and the data that goes along with that identity is also owned by you,” Carter said.

NFT domains

Last year Blockchain.com partnered with Unstoppable Domains to support their top level domain endings in the Blockchain.com Wallet, including .crypto, .nft, .wallet, .bitcoin. minted as an NFT on the Polygon blockchain.

Since then, Blockchain.com became the first company to have a branded top level domain with Unstoppable Domains, .blockchain.

“Using an NFT domain such as .blockchain enables you to give permissions to who can use that data, when they can use it, and how much they can use,” explained Carter.

“I may want to share my email with a certain organization, but I may not want to share my citizenship or my address.”

.blockchain domains

While you can buy a personalized .blockchain domain on the Unstoppable Domains website, Blockchain.com are giving Wallet users the chance to claim their very own .blockchain domain for free!

Similar to an email address, a .blockchain domain makes it easier to send and receive crypto by replacing long complicated wallet addresses with an easy-to-remember domain.

Instead of having to copy-and-paste long complex wallet addresses like bc1qw508d6qejxtdg4y5r3zarvary0c5xw7kv8f3t4, you can simply type in an easy-to-remember domain like Lily.blockchain.

Once associated with your Blockchain.com Wallet, any crypto sent to your .blockchain domain will be received in the appropriate Private Key Wallet.

Claim your .blockchain domain today

Log in to your Blockchain.com Wallet iOS app and tap Claim Domain to get yours today.

You can currently only claim your .blockchain domain on iOS. Support for Android and web browser are coming soon. Join the waitlist here.

. . .

IMPORTANT NOTE:

The purchase of crypto entails a risk. The value of crypto can fluctuate and capital involved in a crypto transaction is subject to market volatility and loss.

Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain.com’s products and services are not subject to any governmental or government-backed deposit protection schemes. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.



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AGIX

Coinbase Won’t Support Upcoming AI Token Merger Between Fetch.ai, Ocean Protocol and SingularityNET

Published

60 mins ago

on

June 29, 2024

By


Top US exchange Coinbase is not going to facilitate the planned merger of multiple artificial intelligence altcoin projects into a single new crypto.

In an announcement via the social media platform X, Coinbase says that customers will have to initiate the merger on their own.

“Ocean (OCEAN) and Fetch.ai (FET) have announced a merger to form the Artificial Superintelligence Alliance (ASI). Coinbase will not execute the migration of these assets on behalf of users.”

In March, Fetch.ai (FET), Singularitynet (AGIX) and Ocean Protocol (OCEAN) announced a plan to merge with an aim to create the largest independent player in artificial intelligence (AI) research and development, which they are calling the Artificial Superintelligence Alliance (ASI).

The merger is happening in phases, beginning July 1st, according to a recent project update.

“Starting July 1, the token merger will temporarily consolidate SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens into Fetch.ai’s FET, before transitioning to the ASI ticker symbol at a later date. This update enables an efficient execution of the token merger, and outlines the timelines and crucial steps for token holders, ensuring a smooth and transparent process.”

Coinbase says users can effect the merger on their own using their wallets.

“Once the migration has launched, users will be able to migrate their OCEAN and FET to ASI using a self-custodial wallet, such as Coinbase Wallet. The ASI token merger will be compatible with all major software wallets.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Bitcoin

Protocol Village: Farworld, Building Gaming on Farcaster, Raises $1.75M

Published

1 week ago

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June 20, 2024

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The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 20-26.



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Bitcoin

Protocol Village: Synthetix Launches on Arbitrum, Adding to Chains Beyond Ethereum

Published

2 weeks ago

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June 18, 2024

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The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.



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