Press ReleaseGoDomain launches .GO Domain Registration on the XDC Network

GoDomain launches .GO Domain Registration on the XDC Network

Dubai, United Arab Emirates, Sept 16, 2022, ZEXPRWIRE, GoDomains today announced the launch of blockchain-based domain registration services with .GO extension. With this, users would now be able to register domains like liz.go, enterprise.go, etc.

GoDomains deploys suites of smart contracts on the XDC blockchain, functioning as distributed, open, and extensible naming systems. Blockchain domain systems map human-readable names like “mike.go” or “xdc.go” to machine-readable identifiers for crypto wallets, digital identities, censorship-resistant websites, email, and metaverse storefronts. The Blockchain Domain works as a non-fungible token (NFTs). However, unlike traditional domain names controlled by centralised entities, blockchain domain names are custodied by their owner, with a separate public registry in the form of a smart contract.  

A .GO domain extension provides a welcome alternative to the currently available list of  domain extensions, which are more aligned towards native blockchain typos. GO Domains are easy-to-remember names resembling a short form of “global” ambition for their owners.  Similar to the “.com” The latest fever in cryptocurrency markets has buyers scooping up blockchain domain names, which are being minted and sold as NFTs.

HOW DECENTRALISED ARE GO DOMAINS?

GoDomains are fully decentralised, because the registry smart contract lacks an administrator, only the domain owner(s) or someone with their permission may transfer or administer newly formed domains. The services are created using blockchain protocols and .GO domain addresses are hosted on the XDC Network.

Prices
Currently, in beta, GO Domain offers a host of attractive domain names that could be registered and resold at a later date. The invitation price for domain name registration starts with USD $ 10 worth of XDC Tokens. Based on the number of characters, the prices keep increasing. Currently, users can register domain names in 3, 4, and 5+ letter extensions for a limited period only. 

The Post GoDomain launches .GO Domain Registration on the XDC Network appeared first on ZEX PR WIRE

Latest news

World Blockchain Summit Set the Stage for a Decentralized Future with Ground-breaking Insights and Collaborations

The 24th edition of World Blockchain Summit – Dubai 2023, under the patronage of HH Sheikh Juma Ahmed Juma...

Tap Payments and PayPal partner to expand global reach for MENA businesses

Dubai, March 23, 2023, ZEXPRWIRE,  Tap Payments, the leading fintech company in the Middle East and North Africa (MENA)...

Future Blockchain Summit partners with Paris Blockchain Week and Speaks on Opening Panel at the Louvre

Paris, France, March 14, 2023, ZEXPRWIRE, Future Blockchain Summit has become a partner event of the Paris Blockchain Week...

CoinMarketAlert – An Exceptional Crypto Price Alerting Tool For Effective Portfolio Management.

Zurich, Switzerland, March 10, 2023, ZEXPRWIRE, CoinMarketAlert is a groundbreaking crypto price alerting service that offers an efficient way...

Unleashing the Heroic Tales of K9 Veterans: The Popular Pets Honors Canine Soldiers on K9 Veterans Day

HOLLISTER, CA, March 9th, 2023, ZEXPRWIRE, Hold on to your leashes K9 Veterans Day is just around the corner,...

Nuritopia Surprises Its Community with a New Airdrop Voting Event

Seoul, Korea, March 6, 2023, ZEXPRWIRE, Nuritopia, the social dating metaverse aiming at connecting people together worldwide, is offering...

Must read

USD 19,500, the new key price of bitcoin to start an upward movement

Key facts: In the past, $19,500 has been a resistance...

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced...

You might also like
Recommended to you