Blockchain domains are a highly intriguing development in the decentralized world. They alter how we see conventional “.com” domains and their link to internet real estate. Crypto domains add a layer of security, functionality, and transparency to orthodox domain names.
Unstoppable Domains has grown to be an industry titan in the field. The company uses blockchain technology to create domains, making each one a unique, non-fungible token.
Unstoppable Domains aims to be the next generation of domain addresses by giving complex crypto addresses a human-readable name.
This article is the followup to the first part in our article series on Unstoppable Domains. Now, let’s answer some more questions concerning this intriguing entity.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe because, after being claimed, the domains exist under your address on the blockchain. Accordingly, they are just as secure as the blockchain itself.
You own the domain you purchase on the platform for life unless you decide to sell it, which you may do on Unstoppable Domains or the secondary market.
Moreover, the domains on Unstoppable Domains have self-custody, meaning you have complete control over them.
- No third party can seize or block your domain, so your website is never at risk of being down due to censorship.
- Domains from Unstoppable Domains are more secure than conventional domains since they are decentralized.
- These domains are also better guarded against data breaches and distributed denial-of-service (DDoS) assaults.
However, since your NFT domains are in your cryptocurrency wallet, keeping your assets secure is your responsibility. You risk losing your NFT domain permanently if you lose your wallet access or have your private key compromised.
Unstoppable Domains is a reliable NFT marketplace for domain buying and selling. As of December 2022, the general consensus is that it’s a secure site with no evidence of a sitewide hack as of December 2022.
Is Unstoppable Domains a Good Investment?
As assets for marketing and intellectual property, domains have enormous economic potential. A property such as Cars.com or Insurance.com is valued at anywhere from $30 million to $800 million today. Domain names thus rank as one of the most valuable pieces of digital real estate and are a critical building element of our digital economy.
With corporate leaders like Budweiser, the largest brewer in the world, purchasing the cryptocurrency domain beer.eth for over $100,000, we are currently witnessing the next phase of the transformation.
More businesses are beginning to recognize the value of blockchain domains. To leverage this opportunity, many investors and speculators are buying .crypto and .eth domain names to resell them for a profit.
Buying at least a domain from Unstoppable Domains is low risk, with a potentially high reward. And the fact that you have it forever without recurring fees once you buy one makes it an ideal option for most people – even if they are not sure they will ever actually put the domain to use.
Unstoppable Domains is inexpensive and will not put you in a deep hole you cannot climb out of if your investment ends up being worthless.
Most of the time, a domain from the platform can be bought for between $5 and $20, making it a very cheap investment for lifetime domain ownership. Purchasing a domain from Unstoppable Domains for your name or company now could ensure that you have it in the future if you need it.
Besides, considering the phenomenal rise in prominence that the crypto industry is seeing, many people find it worthwhile to buy one or more domains from the platform merely to make transactions easier.
Which Wallets Support Unstoppable Domains?
Unstoppable Domains supports:
- Wallet Connect
- Coinbase Wallet
- Trust Wallet
- Exodus Wallet
- And over 50 other wallets, exchanges, and dApps.
How Do You Buy From Unstoppable Domains?
Buying a domain from Unstoppable Domains is an easy process. All you need to do is follow the below steps.
- Visit Unstoppable Domains and click Sign up/Log in.
- Connect using your wallet by clicking Connect wallet or select Continue with email to create an account with your email.
- Search your preferred domain name on the search bar and explore the available domains and costs.
- Add your preferred domain to your cart and check out by going to your Cart section. To buy the domain, choose your preferred payment option and complete the payment. Make sure you pay the requested amount by the payment deadline.
- Mint your Unstoppable Domain.
Your domains are relocated from the Unstoppable Domains database to the blockchain during the domain minting process, where they are then transferred to your Bitcoin wallet. When you mint a domain, you gain complete control over the domain name.
My Domains section of your profile will display the domain you recently acquired. Select the domain you want to mint by clicking the Free Mint button. Connect your wallet. Confirm and sign the transaction from the wallet to begin the domain minting process.
How Do You Use Unstoppable Domains for a Website?
After acquiring your domain from the platform, you have many options for designing and hosting your website, based on your chosen features. You can create a new website from templates or use an existing website to link to the domain.
How Do You Build a Website Using Unstoppable Domains Templates?
- Once you’ve bought your domain, return to the Domain tab in the menu. Click the Website button, and then click Choose a Template. Here, you can design your website using a template provided by Unstoppable Domains.
- Choose a template of your liking from the Select a Template page.
- Then, customize the text, colors, graphics, and other elements of your website using the sections on the right navigation bar.
- Once your site has been configured, click the publish to IPFS button. To prove your ownership of the domain, you will be required to sign two transactions.
- Your website will upload to IPFS once you have signed two transactions. The transaction will be finished in around 10 minutes, after which your website will be available.
Now your website is ready!
If you already have a website ready to use with your domain from Unstoppable Domains, follow the below steps:
- Select Domains in the menu on the Unstoppable Domains website. Then select Website.
- Then get to the Upload files to the IPFS section by scrolling down.
- Click on upload files to upload your website to IPFS.
Your website is now linked to your newly purchased domain.
A decentralized web is the next step in blockchain technology, and Unstoppable Domains is at the forefront of making that goal a reality by enabling straightforward and approachable addresses. It is endeavoring to simplify the concepts of blockchain technology and cryptocurrencies for users.
While it’s still too soon to tell whether Unstoppable Domains will stand the test of time, they will be one of the first ones that might eventually replace (or at least augment) DNS for the internet.
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